Trading Analyst
- Posted 14 July 2022
- Salary £40,000 - £50,000
- LocationLondon
- Job type Permanent
- ReferenceTASOL
Job description
The Trading Analyst position is a crucial role within the Trading Team that combines the day-to-day duties of trading power, gas and environmental products through third parties with support activities, such as modelling to assist Trading strategies and the roll out of new retail products and propositions.
The Role:
Hedge power, gas products and renewable products in line with the appropriate risk policies, industry regulations and trading instructions
Trade both prompt and curve products
Produce the traded position and P&L reports
Review and approve the third-party trading invoices
Analyse UK energy markets and their drivers to provide up-to-date market intelligence to the senior management team
Co-ordinate the trade booking and physical nomination process
Support the non-trading stakeholders, particularly financial, asset management and settlements functions
Analyse market data to help develop and execute trades
Develop and maintain trading KPIs to evaluate success of strategies and trading operations
Support new product and proposition launches
Calculate commodity risk premiums
Build commodity curves for the retail pricing model
Support the development of new hedging strategies and ad-hoc projects
The Individual:
Proven ability to work as part of a team
Good organisational and planning skills
3+ years’ experience of working in the GB energy or utilities sector
Understanding of energy wholesale markets and commodity risk
Understanding of industry process & parties
Excellent communication skills both written and verbal, and interpersonal skills
Analytical mind-set with strong excel skills
Experience of or willingness to learn technical skills such as SQL and Python
Ambitious and seeking to develop new capabilities.
Mathematics, science, engineering, economics or similar degree level education