Location: LONDON, LONDON, United Kingdom

As an Associate in the team you will be responsible for pricing and managing power and gas derivative risk including linear and non-linear trades in both liquid and illiquid benchmarks across the European gas and power space.

Job Responsibilities

• Drive growth of the bank's customer franchise via design and delivery of innovative trade, risk management and optimization solutions for both an existing and future client base
• Demonstrate initiative and resourcefulness in terms of steering the growth of in-house proprietary fundamentals analysis and, with appropriate guidance and support, help build out further analytical infrastructure as per business requirements
• Conduct fundamentals analysis with current automation and analytical techniques to derive commercially relevant interpretative analysis

 

Required qualifications, capabilities, and skills

• You bring demonstrable experience trading European power and gas benchmarks
• You have a solid understanding of power and gas fundamentals modelling and analysis
• You have a proven track record of translating fundamental analysis and quantitative modelling of derivatives space into trading opportunities and asset optimization strategies
• You demonstrate understanding of the dynamics of power and gas options
• You demonstrate competency in understanding the logistical/delivery aspects of short-term power and gas trading
• You have good business-building and communication skills in order to aid growth of the firm's customer franchise
• You are full of initiative and resourcefulness with a strong desire to problem-solve in a commercial context

 

Preferred qualifications, capabilities, and skills

• Experience trading other commodity asset classes, such as emissions or oil, is advantageous
• An academic background or professional experience applying the latest statistical or computational methods to complex problem sets

 

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.
 

Our EMEA Gas, Power and Emissions desk operates within a fast-paced and analytically focused market environment in order provide hedging services and access to market for clients. The desk continues to expand its capabilities and we are seeking a Power and Gas Trader. Traders on our desk need to analyse and react to the latest developments in the global energy transition in the context of generating commercial ideas and risk-management actions.