Energy Trading Manager

About the role Benefits SALARY: Negotiable depending upon experienceHOURS: 9am – 5pm23 days Annual Leave + Bank Holidays + DECEMBER OFF (PAID)!Prize giveawaysTraining, development and CPDOpportunities for career progressionFun, friendly and dynamic work environmentVIP Festival TicketsQuarterly colleague eventsInternational travel opportunities Job Duties & Responsibilities Manage the company’s commodity trading positionDeliver traded energy to meet company’s risk requirementsCoordinate trading activities with risk management, financial reporting, asset management and settlements functionsStay up to date with market trends and provide insight and analysis to shape company product and tariff pricingDeliver company’s internal and external reporting requirements; manage the company’s trading compliance requirementsManage company’s understanding and exposure to pass through charges and trading obligationsUnderstand and implement comprehensive principles of energy trading risk management across market, credit, operational and liquidity riskActively seek opportunities to minimise credit exposure and reduce transaction costsMinimise the company’s settlements exposureDevelop long term hedging strategies that, amongst other things, incorporate low carbon generation and power purchase agreements (PPAs)Create forecasting models and systems for power and gas purchasesIntegrate models with the company’s financial systemsDevelop trading systems to benefit from the advantages of smart meteringAdvise on energy trading to inform the company’s strategic direction, products and servicesDevelop relationships with third party providers and generators for the supply of electricity and gasDeliver trading arrangements, systems and products for third parties that trade through the company, such as providing white label servicesSupporting the company set up and ongoing operations by working as part of the Senior Management team to develop effective processes and procedures for successful company performanceMentor and develop junior trading analysts to support the growth of the company’s trading deskProduce periodic reports for the company boardSupport the company’s compliance requirements such as REMIT reportingTo support the Energy Company’s emergency planning, critical incident and service response arrangements through participation in out-of-hours call out and management cover as requiredEnsure they comply with all company operating policies and procedures Personal Attributes An excellent communicator with great presentation skillsYou must have high numeracy and sound technical skillsA strategic thinkerYou must have the capacity to make quick but rational decisions, and to be able to work in a high pressured, fast paced environmentProactive attitudeStrong networking and relationship building skillsInterpersonal skills to drive projects within a cross functional environmentProven experience of trading in the energy industryDegree educated or equivalentExperience building and maintaining key accounts in the energy industryEstablished network of business with proven track record within the energy industryKey knowledge of suppliersExperience of executing a B2B trading business plan

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