Senior Power Trader

Placements24; Noord-Kaap; Hybrid; ZAR 2,000,000 - 3,500,000; Full time

Benefits offered by this job

Remote work

Advanced trading tools

Job summary

Placements24 seeks a Senior Power Trader for a remote-first trading desk to actively participate in day-ahead, intraday, and ancillary services markets across South Africa. The role demands deep knowledge of power market dynamics, rapid decision making, and the ability to manage risk while maximizing profitability.

You will leverage analytical tools, market intelligence, and weather/demand forecasts to build strategies, monitor real-time developments, and collaborate with risk, analytics, and

Qualifications

• Bachelor's or Master's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
• Minimum of 7 years of experience in power or energy commodity trading.
• Deep understanding of electricity market structures, pricing mechanisms, and trading instruments.
• Proficiency in quantitative analysis, statistical modeling, and data interpretation.
• Experience with trading platforms and market data providers.
• Strong risk management skills and an excellent understanding of financial risk principles.
• Exceptional analytical, decision-making, and problem-solving abilities.
• Excellent communication and interpersonal skills.
• Self-motivated, disciplined, and able to perform effectively in a fast-paced, remote trading environment.
• Knowledge of the South African power market is a significant advantage.

Responsibilities

• Execute power trades in day-ahead, intraday, and ancillary services markets to optimize portfolio performance.
• Monitor market developments, news, and price movements in real-time, identifying trading opportunities and risks.
• Develop and implement innovative trading strategies based on market analysis, weather forecasts, and demand predictions.
• Manage and mitigate trading positions and associated risks effectively.
• Collaborate closely with risk management, analytics, and asset management teams to align trading activities with overall business objectives.
• Analyze historical market data and performance to refine trading approaches and improve profitability.
• Provide market insights and commentary to internal stakeholders and management.
• Ensure all trading activities comply with market rules, regulations, and company policies.
• Build and maintain strong relationships with market participants and key stakeholders.
• Stay informed about regulatory changes and market structure evolutions impacting power trading.

Skills

Quantitative analysis

Risk management

Analytical thinking

Decision making under pressure

Communication skills

Education

Bachelor's or Master's degree in Finance, Economics, Engineering, Mathematics, or related quantitative field

Tools

Trading platforms

Market data providers

Job description

About the Role

Our client, a prominent energy trading house, is seeking an experienced Senior Power Trader to join their globally connected, remote-first trading desk. This pivotal role involves actively participating in the day-ahead, intraday, and ancillary services markets for electricity across various South African regions. The successful candidate will leverage sophisticated analytical tools, market intelligence, and trading strategies to optimize our client's power portfolio, manage risk, and maximize profitability. This position requires a deep understanding of power market dynamics, a sharp analytical mind, and the ability to make swift, informed trading decisions under pressure. As a fully remote position, you will benefit from the flexibility of working from home while contributing to critical energy market operations and strategies.

Key Responsibilities

• Execute power trades in day-ahead, intraday, and ancillary services markets to optimize portfolio performance.
• Monitor market developments, news, and price movements in real-time, identifying trading opportunities and risks.
• Develop and implement innovative trading strategies based on market analysis, weather forecasts, and demand predictions.
• Manage and mitigate trading positions and associated risks effectively.
• Collaborate closely with risk management, analytics, and asset management teams to align trading activities with overall business objectives.
• Analyze historical market data and performance to refine trading approaches and improve profitability.
• Provide market insights and commentary to internal stakeholders and management.
• Ensure all trading activities comply with market rules, regulations, and company policies.
• Build and maintain strong relationships with market participants and key stakeholders.
• Stay informed about regulatory changes and market structure evolutions impacting power trading.

Requirements

• Bachelor's or Master's degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
• Minimum of 7 years of experience in power or energy commodity trading, with a proven track record of successful trading performance.
• Deep understanding of electricity market structures, pricing mechanisms, and trading instruments (e.g., futures, options).
• Proficiency in quantitative analysis, statistical modeling, and data interpretation.
• Experience with trading platforms and market data providers.
• Strong risk management skills and an excellent understanding of financial risk principles.
• Exceptional analytical, decision-making, and problem-solving abilities.
• Excellent communication and interpersonal skills, with the ability to articulate complex market views.
• Self-motivated, disciplined, and able to perform effectively in a fast-paced, remote trading environment.
• Knowledge of the South African power market is a significant advantage.

Benefits

Our client offers a highly competitive base salary, a significant performance-based bonus structure, and comprehensive benefits package. This role is fully remote, offering exceptional flexibility and work-life balance. You will have access to advanced trading tools and technology, and opportunities for professional growth within a leading energy trading firm. Join a highly skilled, dynamic team operating at the forefront of the energy markets in South Africa .