Energy Trader - Cheltenham, United Kingdom - Noriker Power Ltd

    Noriker Power Ltd
    Noriker Power Ltd Cheltenham, United Kingdom

    Found in: Talent UK C2 - 1 week ago

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    Full time
    Description

    Energy Trader

    Location - Cheltenham (Central) Hybrid options to be discussed at interview, but you must be able toreliably commute to Cheltenham for this role.

    Who are we?

    Noriker Power specialise in agilepower systems vital for grid stability and flexible energy solutions.Our focus on innovation and sustainability has made us a key playerin the industry. With over 300MW of advanced battery and hybridfacilities and thanks to our partnership with Equinor, who areinvesting billions into the energy transition, were acceleratingin the development of even larger grid-scale battery storage projectsand shaping the future of the grid.

    About You:

    To excel in this role, you shouldenjoy fast-paced environments, problem-solving, and have an interestin leveraging technology to make good decisions. You will get excitedat the prospect of actively and profitably trading electricity andpower derivatives across various markets. You'll also becomfortable with trading on extended day and/or night shifts.

    How will I spend my day atNoriker?

    • Contribute to the execution strategyof a 24/7 shift trading team
    • Actively trade on the UK powermarket, making buy and sell decisions to generate P&L
    • Real time analysis of the UK powermarket and operation of National Grid balancing actions
    • Identification of value creationopportunities, developing trading strategies and asset optimisationmodels within UK Balancing Services, the BM and power markets
    • Collaborate with software developersto implement expert advisory and automatic trading systems
    • Report on trading performance, P&L,and risk metrics to senior management
    • Stay updated on industrydevelopments, regulations, and emerging trends affecting powermarkets
    • Support the business development teamaround flexible assets and demand, to identify and optimiseopportunities

    What skills will I need to succeed?

    We acknowledge that not everyone willfulfil every requirement outlined in this job description. If youbelieve you could excel in this role and contribute positively, weencourage you to apply, even if you don't meet every criterion 100%.

    • Degree qualified in Finance,Economics, Engineering, or a related field (or equivalentexperience)
    • Minimum one years commercialexperience in the UK energy markets, ideally as a trader or analyst
    • Comfortable with Excel or usingprogramming languages (e.g. Python) to interpret large data sets
    • Excellent analytical and quantitativeskills with keen attention to detail
    • Commercially focused with accountableproblem-solving abilities, and committed to excellence
    • Superb organisation, time managementand communication skills
    • Ability to work under pressure and totight deadlines in a fast-paced environment
    • Self-motivated and results orientated
    • From the early stages of developingtrading systems and analysing the electricity market to improvingforecasting and trading models
    • Mature outlook with commitment toperpetual learning and continual improvement
    • Strong work ethic with a belief thattrue collective achievement is a product of graft and application
    • Willingness to work in 24/7 shiftrotation
    • Eligible to work in the UK

    Whats in it for you?

    • Company events and socials
    • Enhanced pension scheme
    • Private medical insurance
    • Annual Bonus
    • Cycle to work scheme
    • Profit sharing (for some roles, to bediscussed at interview)
    • Green travel scheme (after one fullyear of service)

    AtNoriker, were passionate about creating inclusive workplaces whereeveryone can be themselves and contribute to the fullest of theirability. For us, that means supportive teams and strong relationshipswhere the focus is on everyone's contribution, where distinctionsare based on professionalism, personality and commitment. We striveto be classification blind, we just want the best people to join us,stay with us, and contribute in their own unique way.