Energy Trader (Renewables Focus)

Placements24; South Africa; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid work model

Competitive salary and bonus

Medical aid

Retirement fund

Advanced training in financial markets

Job summary

Placements24 is seeking a dynamic Energy Trader based in Queenstown, Eastern Cape, focusing on renewable energy commodities and power markets. You will participate in wholesale markets, optimize trading strategies, and manage risk associated with renewable generation and consumption.

You will leverage market data, predictive analytics, and power-flow understanding to maximize profitability while supporting grid stability.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 4 years of experience in energy trading, with a proven track record in power markets.
• Strong understanding of wholesale electricity markets, market design, trading mechanisms, and regulatory frameworks.
• Strong analytical and quantitative skills with ability to interpret data and build models.
• Proficiency in trading platforms, market data systems, and analytical software.
• Excellent risk management understanding and ability to work under pressure in fast-paced trading.
• Detail-oriented with high accuracy.

Responsibilities

• Execute trading strategies for renewable energy power, certificates, and derivatives.
• Monitor real-time market conditions, news, and weather forecasts for opportunities and risks.
• Develop and implement short- and long-term trading strategies.
• Analyze market data, trends, and price movements to inform decisions.
• Manage trading positions and ensure adherence to risk management policies and limits.
• Collaborate with asset managers, forecasters, and risk analysts to align trading activities with generation and demand profiles.
• Ensure compliance with market rules, regulations, and reporting requirements.
• Build and maintain relationships with market participants, brokers, and counterparties.
• Participate in market development initiatives and provide insights on market structure and trading mechanisms.
• Generate daily/weekly trading reports and performance analyses.

Skills

Wholesale electricity markets

Trading platforms

Analytical & quantitative skills

Risk management

Communication & negotiation

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering

Job description

Our client is seeking a dynamic and sharp-witted Energy Trader with a specific focus on renewable energy commodities and power markets. Based in Queenstown, Eastern Cape , this role involves actively participating in wholesale energy markets, optimizing trading strategies, and managing risk associated with renewable energy generation and consumption. You will leverage market data, predictive analytics, and your understanding of power flows to maximize profitability while ensuring grid stability and supply reliability. This is a high-impact position within the energy trading division, offering significant opportunities for professional growth and contribution to South Africa's energy transition.

Key Responsibilities

• Execute trading strategies for renewable energy power, certificates, and associated derivatives in various energy markets.
• Monitor real-time market conditions, news, and weather forecasts to identify trading opportunities and risks.
• Develop and implement short-term and long-term trading strategies to optimize portfolio value.
• Analyze market data, trends, and price movements to inform trading decisions.
• Manage trading positions and ensure adherence to risk management policies and limits.
• Collaborate with asset managers, forecasters, and risk analysts to align trading activities with generation and demand profiles.
• Ensure compliance with all relevant market rules, regulations, and reporting requirements.
• Build and maintain strong relationships with market participants, brokers, and counterparties.
• Participate in market development initiatives and provide insights on market structure and trading mechanisms.
• Generate daily/weekly trading reports and performance analyses.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Minimum of 4 years of experience in energy trading, with a proven track record in power markets and a strong understanding of renewable energy generation.
• In-depth knowledge of wholesale electricity markets, including market design, trading mechanisms, and regulatory frameworks.
• Strong analytical and quantitative skills, with the ability to interpret complex data sets and develop financial models.
• Proficiency in trading platforms, market data systems, and analytical software.
• Excellent understanding of risk management principles and techniques.
• Exceptional communication, negotiation, and decision-making skills.
• Ability to work effectively under pressure in a fast-paced trading environment.
• Detail-oriented with a high degree of accuracy.
• Knowledge of South African energy market dynamics is a significant advantage.

Benefits

• Highly competitive salary and bonus structure based on trading performance.
• Comprehensive medical aid and retirement fund.
• Opportunities for advanced training in financial markets and energy trading.
• Exposure to sophisticated trading strategies and technologies.
• Hybrid work model offering a balance of office and remote work.
• Key role in the integration and trading of renewable energy.
• Dynamic and intellectually stimulating work environment.