Job Description

A Manager of Power Trading is responsible for managing the buying and selling of electricity, optimizing risk, and maximizing profit within a power trading operation. They may also be involved in business development, market analysis, and compliance with industry regulations, .
Key Responsibilities:
Trading:

• Structured Power Trading: Developing and executing complex power transactions, including pricing, hedging, and risk management.

• Portfolio Management: Building and managing a profitable and risk-balanced portfolio of power products.

• Market Analysis: Monitoring market trends, identifying opportunities, and assessing risks.

• Risk Management: Identifying, analyzing, and mitigating risks associated with power trading, including market volatility and regulatory changes.

Business Development:

• Opportunity Identification: Identifying and pursuing business opportunities for power supply, such as open access power deals.

• Client Engagement: Building and maintaining relationships with clients, including utilities, government organizations, and other power trading partners.

• Tender Preparation: Participating in and preparing bid documents for tenders of Open Access power supply.

Compliance and Governance:

• Regulatory Compliance: Ensuring compliance with industry regulations and standards.

• Reporting and Analysis: Developing and implementing risk and P&L reporting, and providing market intelligence.

• Process Improvement: Improving efficiency of trading systems and processes.

Team Management:

• Leadership: Leading and mentoring a team of power traders and analysts.

• Communication: Communicating effectively with stakeholders, including internal teams and external clients.

• Strategy: Contributing to the development and implementation of trading strategies and business plans.

Examples of Specific Tasks:

• Developing and implementing hedging strategies to protect against price fluctuations.

• Pricing and quoting commercial opportunities brought by the origination teams.

• Collaborating with research and market analysis teams to assess market risks.

• Interacting with other trading desks and support function teams.

• Providing input into the development of new products and services.

• Managing and improving relationships with key market players.

• Participating in discussions to develop pricing models for linear and non-linear structures.