Remote Energy Trader (Power Markets)

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 900,000 - 1,800,000; Full time

Benefits offered by this job

Highly competitive base salary

Fully remote work arrangement withflex

Health insurance and retirement plan

Professional development and trading"

Exposure to fast-paced trading

Supportive remote team

Opportunities for advanced tradingcert

Job summary

Placements24 is seeking a highly skilled Remote Energy Trader to focus on power markets across South Africa. You will trade electricity, optimize portfolios, manage risk and identify profitable opportunities in a fully remote setup.

The ideal candidate has 5+ years in energy trading, deep knowledge of SA power markets, and strong analytical, modeling and communication skills to operate in a fast-paced environment.

Qualifications

• Bachelor’s degree in a quantitative field.
• 5+ years in energy trading, preferably SA/African markets.
• Proven success in executing trades and managing profitable books.
• Strong knowledge of electricity market structures and pricing.

Responsibilities

• Execute day-ahead and intraday electricity trades to maximize profitability.
• Monitor market developments, news and events affecting prices.
• Develop and implement trading strategies using market data.
• Manage and mitigate trading risks within risk limits.
• Analyze supply/demand, weather, and outages to inform decisions.
• Communicate with risk management, operations and analytics teams.
• Prepare reports on performance, insights and positions.
• Identify new trading opportunities and market efficiencies.
• Stay updated on regulatory changes affecting power trading.

Skills

Energy trading

Risk management

Analytical skills

Decision-making

Remote collaboration

Financial modeling

Data analysis

Communication

Education

Bachelor's degree in Finance/Economics/Math/Engineering

Tools

Trading platforms

Job description

About the Role

Our client, a dynamic energy trading firm, is seeking a highly skilled and motivated Remote Energy Trader specializing in power markets to join their established team. This is a fully remote position, allowing you to operate from anywhere within South Africa. You will be responsible for trading electricity in various South African power markets, optimizing portfolios, managing risk, and identifying profitable trading opportunities. The ideal candidate possesses a strong understanding of energy market fundamentals, trading strategies, and risk management principles, coupled with exceptional analytical and decision-making skills under pressure. This role is critical to our client's success in navigating the complex and fast-paced energy trading environment. We provide a robust remote infrastructure and collaborative tools to ensure maximum productivity and seamless team integration.

Key Responsibilities

• Execute day-ahead and intraday electricity trades to maximize profitability and meet portfolio objectives.


• Monitor market developments, news, and events that may impact power prices.


• Develop and implement trading strategies based on market analysis, fundamental data, and technical indicators.


• Manage and mitigate trading risks, ensuring compliance with risk limits and policies.


• Analyze supply and demand dynamics, weather forecasts, and plant outages to inform trading decisions.


• Communicate effectively with risk management, operations, and analytical teams.


• Prepare reports on trading performance, market insights, and portfolio positions.


• Continuously seek new trading opportunities and market efficiencies.


• Stay abreast of regulatory changes and market reforms affecting power trading.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.


• Minimum of 5 years of experience in energy trading, preferably within South African or African power markets.


• Demonstrated success in executing trades and managing profitable trading books.


• Strong understanding of electricity market structures, pricing mechanisms, and trading products.


• Proficiency in financial modeling, data analysis, and relevant trading platforms.


• Excellent analytical, quantitative, and problem-solving skills.


• Ability to make quick, decisive actions in a high-pressure environment.


• Exceptional communication and interpersonal skills, crucial for remote collaboration.


• High degree of self-motivation and ability to work independently in a remote setting.


• Knowledge of relevant South African energy regulations is a plus.

Benefits

• Highly competitive base salary and significant performance-based bonuses.


• Fully remote work arrangement with flexible hours.


• Comprehensive health insurance and retirement savings plan.


• Opportunities for professional development and advanced trading certifications.


• Exposure to a fast-paced and intellectually stimulating trading environment.


• Work with a highly experienced and supportive remote trading team.


• Contribute to the efficient functioning of the South African energy market.