Location: Amsterdam, Netherlands
Our client, a fast growing energy trading firm is looking for an experienced Energy Trader. The successful candidate will have a robust background in either the physical power market or paper commodities, with a history of achieving significant returns relative to risk. Experience on a proprietary or speculative trading desk is crucial, as the role requires a deep understanding of market dynamics, risk management, and profit optimization. This is a unique opportunity for someone with exceptional market insight and a proven trading strategy.
Key Responsibilities
- Trading Strategy Execution: Implement and refine trading strategies in physical power markets or paper commodities to maximize profitability.
- Market Analysis: Monitor global energy trends, supply-demand dynamics, regulatory changes, and macroeconomic factors to guide trading decisions.
- Risk Management: Evaluate and manage trading risks, ensuring returns are at least 4-5 times the Value at Risk (VaR), aligned with company policies.
- Market Intelligence: Stay updated on market developments, competitor actions, and industry news to identify opportunities and mitigate risks.
- Systematic Strategy Development: Work with quantitative analysts to develop and enhance systematic trading strategies.
- Performance Analysis: Conduct financial analysis, track profit and loss, margins, and trading positions to ensure optimal performance.
- Compliance and Reporting: Ensure compliance with trading regulations and company policies, and prepare reports for senior management.
- Relationship Management: Build and maintain strong relationships with market participants, suppliers, and counterparties.
Key Requirements
- Experience: At least 4 years in energy trading with a proven track record in physical power markets or paper commodities.
- Proven Track Record: Demonstrated ability to generate annual returns exceeding 4-5 times VaR, with at least one year of validated performance.
- Prop/Spec Desk Experience: Essential experience on a proprietary or speculative trading desk.
- Market Knowledge: In-depth understanding of global energy markets, pricing mechanisms, and trading practices.
- Technical Skills: Proficiency with trading platforms, risk management tools, and data analytics.
- Quantitative Collaboration: Ability to work with quantitative analysts on systematic trading models.
- Experience Bonus: Advantageous experience in creating speculative positions based on a company's power or gas portfolio.
- Mindset and Soft Skills: Strong analytical skills, collaborative mindset, and ability to translate market insights into actionable strategies.
