Senior Power Trading Analyst

Placements24; Sandton; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive bonus

Executive health benefits

Retirement savings plan

Hybrid work model

Job summary

Placements24 in Sandton is seeking a Senior Power Trading Analyst to analyze power market dynamics, build trading strategies, and manage risk across the energy portfolio. You will deliver data-driven insights to optimize profitability in a fast-paced market.

The role requires a degree in a quantitative field, 6+ years in power market analysis or energy trading, strong modeling and programming skills, and solid risk management knowledge.

Qualifications

• Degree in Finance, Economics, Engineering, Mathematics, or related quantitative field.
• Minimum 6 years of experience in power market analysis or energy trading.
• Deep understanding of electricity market structures and trading instruments.
• Advanced proficiency in quantitative modeling, statistics, and programming (Python, R, VBA).
• Strong financial risk management knowledge and effective communication.

Responsibilities

• Analyze power market trends (short-term and long-term) and assess supply/demand, fuel costs, and regulatory impacts.
• Develop and refine quantitative models to forecast electricity prices and identify trading opportunities.
• Provide real-time market analysis and trading recommendations to the trading desk.
• Monitor and manage trading positions and risks per risk management policies.
• Collaborate with risk mgmt, origination, and operations to align market strategy.
• Prepare market commentary and performance reports for senior management.

Skills

Quantitative modeling

Statistical analysis

Programming (Python/R/VBA)

Risk management

Communication skills

Education

Finance/Economics/Engineering/Math degree

Job description

About the Role

Our client, a prominent player in the energy markets, is seeking a highly skilled Senior Power Trading Analyst for their office in Sandton. This role is instrumental in analyzing power market dynamics, developing trading strategies, and managing risk for the company’s energy portfolio. You will work closely with the trading desk, providing data-driven insights and recommendations to optimize trading decisions and maximize profitability. This is a demanding but rewarding position for an experienced analyst looking to make a substantial impact in the dynamic Gauteng energy trading environment.

Key Responsibilities

• Analyze short-term and long-term power market trends, including supply/demand dynamics, fuel costs, and regulatory impacts.
• Develop and refine quantitative models to forecast electricity prices and identify trading opportunities.
• Provide real-time market analysis and trading recommendations to the power trading desk.
• Monitor and manage trading positions and associated risks, ensuring compliance with risk management policies.
• Collaborate with risk management, origination, and operations teams to ensure alignment on market strategy.
• Prepare regular market commentary and performance reports for senior management.

Requirements

• Degree in Finance, Economics, Engineering, Mathematics, or a related quantitative field.
• Minimum of 6 years of experience in power market analysis , energy trading, or a related analytical role.
• Deep understanding of electricity market structures, trading instruments, and fundamental drivers.
• Advanced proficiency in quantitative modeling, statistical analysis, and programming (e.g., Python, R, VBA).
• Excellent understanding of financial risk management principles.
• Strong communication and presentation skills, with the ability to articulate complex market insights effectively.

Benefits

• Highly competitive salary and significant bonus potential tied to trading performance.
• Comprehensive executive health benefits and retirement savings plan.
• Opportunities for continued professional growth and development in financial markets.
• Hybrid work model offering a balance between office collaboration and remote flexibility.
• Work in a fast-paced, intellectually stimulating environment with industry leaders.