Remote Energy Trader - Power Markets

Placements24; LegKraal Gate; Hybrid; ZAR 1,976,000 - 2,964,000; Full time

Benefits offered by this job

Remote work

Performance-based bonus

Health coverage

Retirement savings plan

Job summary

Placements24 is seeking a remote Energy Trader for a fast-growing energy trading firm. The role focuses on executing profitable trading strategies in wholesale power markets while managing risk and portfolio performance.

You will analyze market data, weather forecasts, and fundamentals, develop trading strategies, monitor positions, and ensure compliance with risk limits. This remote-first role emphasizes autonomy and high performance.

Qualifications

• Bachelor's degree or higher in a quantitative field (Finance/Economics/Math/Engineering).
• MBA or advanced degree is a plus.
• Minimum 5 years in energy trading, preferably power markets.
• Proven track record in wholesale electricity trading.
• Strong understanding of power market instruments and risk management.

Responsibilities

• Execute trades in wholesale electricity markets (day-ahead, real-time, futures).
• Monitor market developments and price movements to guide decisions.
• Analyze data, weather forecasts, and fundamentals to spot opportunities.
• Develop trading strategies to manage risk and maximize returns.
• Manage trading positions within risk limits and company policies.

Skills

Analytical skills

Decision making under pressure

Risk management

Communication

Quantitative analysis

Education

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

MBA

Tools

ICE

CME

Refinitiv Eikon

Bloomberg

Job description

About the Role

Our client, a dynamic and fast-growing energy trading firm, is seeking a highly motivated and analytical Remote Energy Trader to join their expert team. This position operates on a fully remote basis, offering significant flexibility. The core responsibility of this role is to execute profitable trading strategies in wholesale power markets, managing risk and optimizing portfolio performance. The successful candidate will possess a strong understanding of energy market dynamics, sophisticated analytical skills, and a proven ability to make quick, informed decisions in fast-paced environments. You will leverage cutting-edge market intelligence and trading platforms to identify opportunities and manage positions across various power market products. This is an exceptional opportunity for an experienced trader to make a significant impact within a leading firm, working remotely and contributing to the global energy trading landscape. Our client is committed to a remote-first operational model, fostering autonomy and high performance.

Key Responsibilities

Execute trades in wholesale electricity markets (e.g., day-ahead, real-time, futures) to achieve profitable outcomes. Monitor market developments, news, and price movements to inform trading decisions. Analyze market data, weather forecasts, and supply/demand fundamentals to identify trading opportunities. Develop and implement trading strategies to manage risk and maximize portfolio returns. Manage trading positions and ensure compliance with risk limits and company policies. Collaborate with risk management, quantitative analysis, and scheduling teams. Utilize advanced trading platforms and analytical tools for market analysis and execution. Provide market insights and commentary to internal stakeholders. Stay abreast of regulatory changes and market structure evolution. Perform post-trade analysis to evaluate strategy performance and identify areas for improvement.

Requirements

Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field. An MBA or advanced degree is a plus. Minimum of 5 years of experience in energy trading, preferably in power markets. Proven track record of successful trading in wholesale electricity markets. Strong understanding of power market fundamentals, structures, and trading instruments. Proficiency in quantitative analysis and statistical modeling. Experience with trading platforms and market data providers (e.g., ICE, CME, Refinitiv Eikon, Bloomberg). Excellent decision-making skills, with the ability to perform under pressure. Strong risk management acumen. Exceptional communication and negotiation skills. Ability to work independently and manage trading activities effectively in a remote setting.

Benefits

This remote role offers a highly competitive base salary, a significant performance-based bonus structure directly tied to trading success, and a comprehensive benefits package including premium health coverage and a retirement savings plan. Our client provides excellent support for professional development and offers a dynamic, collaborative environment that thrives on innovation. The fully remote nature of this position allows for exceptional work-life balance and the freedom to manage your workday effectively, making it an ideal opportunity for experienced traders.