Shift Trader, UK Power – major investment bank, London
Shift Trader, UK Power – major investment bank
(this is an archived job displayed for information purposes only)
Company:
Commodity Appointments Ltd
Location:
London
Remuneration:
Market
Ref no:
3663
Major investment bank building out its large physical presence needs a UK Power shift trader to replace predecessor who has moved onto curve trading. Unusually, the desk also trades on a proprietary/speculative basis.
My client has a good physical presence which it has recently started strategically increasing. A position has become available on its UK power shift trading desk.
All the usual duties apply. Balancing, forecasting, optimising, power generator liaison & load management, market liaison & monitoring, etc. and of course: executing.
2 key differences exist between this desk and normal, though.
it is explicitly seen as a training-ground for the other trading desks, other roles. This position has become available due to someone moving onto curve trading, for example.
Prop trading/speculative trading is performed.
You:
must have UK Power experience or sufficient depth of its fundamentals to be able to grasp it swiftly
may come from a variety of backgrounds: analyst, operator, portfolio manager, shift trading, etc.
may only have a couple of years experience
will understand and appreciate the criticality of the operational aspects, yet have a keen eye to the P&L, have a trader's eye for opportunity
