Res Trader- London - INTERNATIONAL POWER LTD.

INTERNATIONAL POWER LTD.

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Requisition ID: 6038- Location: London Wall, London, GB, EC2M 5SQ
Global Energy Management and Supply (GEMS) is one of ENGIE's Business Units.

We deliver services in supply and logistics management, asset management, risk management, market access management, while contributing to the market understanding, design and efficiency and developing market solutions to accelerate the energy transition.

3,300 employees around the world develop our solutions, through +20 international business platforms.

We cover the full energy mix:
renewable and thermal power, natural gas & LNG, biomass, environmental products.

Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,000 clients span the entire value chain:
producers, asset developers, financial players, utilities, distributors and industrials.

Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Within GEMS' Business Unit, the
Business Platform BP UK is a highly skilled team of 50+ people developing and managing assets and portfolios related to power, gas and environmental products in the UK markets, actively supporting the country's ambitious path to a net zero economy.

The ambition now is to reach excellence on renewables energy management through systems, models and risk management expertise.

Our 4 areas of expertise:
Asset management
Energy transition services
Energy supply & global commodities
Risk management & market access

We are recruiting for a
-
RES Trader to be based in
-
London. This is a permanent role, working full time Monday to Friday. On offer, possibility of flexible working, and competitive salary and benefits package.

-
Key Accountabilities:

Ensuring performance of the renewable trading activity by a strict follow up and a deep understanding of risks and P&L
Display a professional trading risk management culture and be demanding on operational excellence
Improvement of pricing methodologies around aggregation (balancing, delta profile) in close collaboration with Intraday trading, risk, analysts, quants, IT and the V&A desk
Improvement of volume risk management
Management of solar/wind hourly shapes and complex/new pricing structures
Leading the evolution of the Green Power suite through GEMSTONE project
Building a fruitful collaboration with intraday traders : putting in place performance indicators and creating a virtuous learning circle between
Leading the automation project on DA
Operating within the approved risk mandate
Improve the profitability of EUM portfolio by a strong collaboration with origination and other functions: providing guidelines and feedback on the performance of the activity
Developing PPA activity in collaboration with Origination team and R-GBU
Developing short term flexibility business to mitigate risks associated with the portfolio.
Ensuring the quality of the front to back chain with a main focus on data quality and invoicing with the support of back office functions.
Coordination with the REGO book management

Knowledge, Skills and Qualifications required
***:

Trading experience with a strong knowledge of power markets
Previous experience working with developers / IT Quant is a plus
Coding experience in Python
Ability to set a clear vision and to motivate people achieving a common goal
Fluent in English
Ability to communicate easily (with sales and nonquantitative / non digital people)
Interest in Energy Transition

Business Unit: GEMS