Power Shift Trader - Cheltenham, United Kingdom - Noriker Power Ltd

Noriker Power Ltd

Verified Company

Cheltenham, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Power Shift Trader
Location - Cheltenham (Central)

Working Pattern:
In-office, with hybrid working options to be discussed during the interview. You must be able to reliably commute to Cheltenham for this role.

Who are we?
Noriker Power specialise in agile power systems vital for grid stability and flexible energy solutions. Our focus on innovation and sustainability has made us a key player in the industry.

With 300MW+ of advanced battery and hybrid facilities and thanks to our partnership with Equinor, who are investing billions into the energy transition, we're accelerating in the development of even larger grid-scale battery storage projects and shaping the future of the grid.

About You:

The role is suitable for somebody who enjoys fast-paced environments, problem-solving, and has an interest in leveraging technology to make good decisions.

You will be responsible for actively trading electricity and power derivatives in various markets to optimise our energy portfolio and generate profitable trades.

The role involves working a shift pattern of extended days and/or nights.

What will I spend my day on at Noriker?

Contribute to the execution strategy of a 24/7 shift trading team
Active trading on the UK power market, making buy and sell decisions and generate P&L
Real time analysis of the UK power market and operation of National Grid balancing actions
Identification of value creation opportunities, developing trading strategies and asset optimisation models within UK Balancing Services, the BM and power markets
Collaborate with the software developers on the implementation of expert advisory and automatic trading systems
Monitor and report on trading performance, P&L, and risk metrics to senior management
Stay updated on industry developments, market regulations, and emerging trends affecting power markets
Support the business development team around flexible assets and demand, to identify and optimise opportunities in a fastchanging regulatory environment

What skills will I need to succeed in the role?

We acknowledge that not everyone will fulfil every requirement outlined in this job description. If you believe you could excel in this role and contribute positively, we encourage you to apply, even if you don't meet every criterion 100%._
Degree qualified in Finance, Economics, Engineering, or a related field (or equivalent experience)
Minimum one year's commercial experience in the UK energy markets, ideally as a trader or analyst
Comfortable with Excel or using programming languages (e.g. Python) to interpret large data sets
Excellent analytical and quantitative skills with keen attention to detail
Commercially focused with accountable problemsolving abilities, and committed to excellence
Superb organisation, time management and communication skills
Ability to work under pressure and to tight deadlines in a fastpaced environment
Selfmotivated and results orientated
From the early stages of developing trading systems and analysing the electricity market to improving forecasting and trading models,
Mature outlook with commitment to perpetual learning and continual improvement
Willingness to work in 24/7 shift rotation
Eligible to work in the UK

What is our interview process?

All of our CVs are reviewed by the people in the recruitment team
If there's a match, we'll invite you for a 30 min screening call to allow us to get to know each other better
The next stage is an inperson interview with a leader from the Trading and Analytics team and Senior management, we may ask you to prepare something for this one too
We'll try and get all of this done within 3 weeks

In return for your hard work, we offer a range of benefits, including but not limited to:

Company events and socials
Enhanced pension scheme
Private medical insurance
Annual Bonus
Cycle to work scheme
Profit sharing (for some roles, to be discussed at interview)
Green travel scheme (after one full year of service)
At Noriker, we're passionate about creating inclusive workplaces where everyone can be themselves and contribute to the fullest of their ability. For us, that means supportive teams and strong relationships where the focus is on everyone's contribution, where distinctions are based on professionalism, personality and commitment. We strive to be classification blind, we just want the best people to join us, stay with us, and contribute in their own unique way._

Job Types:
Full-time, Permanent

Benefits: