Senior Short Term Trader
Posting date : 28/08/2024
Requisition ID : 34186
Short Term Trader
About US (GEMS):
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.
ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.
3,600 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 190,000 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.
Our 4 areas of expertise :
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).
Context:
As Short Term Trader, you will play a pivotal role within the Short Term Trading desk, organized within the Short term Power as a Service.
The mission of Short Term Trading is to maximize the revenues of the ENGIE power portfolio within the CWE region and maximize the value of intraday trading activities in the developing pan-European Intraday markets. As an intraday trader, your key responsibility is to multitask and be able to take decisions on a very short time frame based on a large dataset.
These activities are executed within a sub team of 9 people organized continuous 24/7 and taking up both Trading & optimization activities.
You will interact very closely with the Algorithmic trading development team.
Role:
In the role of Short Term Trader, you will be responsible for:
- Maximizing the CWE power portfolio revenues in intra-day, including renewable management, sales exposure and asset flexibility
- Leveraging on our market expertise in order to maximize the value of our trading activities.
- You will act as a single window to the intraday Market in order to cover the real time physical needs of our clients and re-optimize the asset portfolio against the intraday power market prices.
- Develop strategies to maximize revenues and minimize the costs for our clients over the different time horizons of the short term chain
- Develop cross-maturity models which can serve the portfolio of assets, intermittency, DSM and develop efficient strategies to capture trading opportunities on those different markets.
- Delivering 3rd party services for external Customers.
- Ensuring correct and timely delivered reporting of portfolio and market activities.
- You work in a 24/7 shift system.
You will report on a regular basis to the Head of Short Term Trading.
Profile:
- You have strong analytical and programming skills: Data analysis, ability to build models
- You have knowledge of the fundamentals in the power markets
- You have quant interest and strong desire to efficiently automatize processes
- You combine both analytical and synthesis skills and you are process-oriented.
- You demonstrate a pragmatic, economic and logical attitude combined with problem solving skills.
- You are able to perform in stressful circumstances with tight deadlines.
- You have an entrepreneurial spirit and show a good sense for opportunities.
- You are willing to work in a rotating system.
- You are a team player with excellent social skills and the ability to operate in a changing environment.
Education and professional background:
- You have a university degree in engineering and/or economics, or equivalent by experience.
- You have a strong interest in Power Trading, proven trading experience is a strong asset.
- You have programming skills like but not limited to Python, R or VBA
- You are able to work in English, and knowledge of French, Dutch or German are considered as strong assets.
If you meet these requirements, then you are the talent we are looking for. Do not waste time!
Apply by attaching your updated CV, regardless your gender.
ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals. All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.
About ENGIE:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.