CGS is exclusively representing an Energy Trading company, given the task to hire a complete new trading team in The Netherlands. Our client just opened their Amsterdam office. They are looking for a Power Trader CWE Region Short Term. It is good to have trading experience on Power Financial Futures. Ideal candidate should be able to identify trading opportunities (location spreads, time spreads, spark spreads) in CWE along the curve. The role requires prop trading skills.
The company
Our client is an energy trading company in Turkey who just opened their Amsterdam office. The mother company has an installed capacity of 3727 MW, from 5 different technologies with a growing share of renewables. The trading arm has very strong trading acumen, track record and risk management capability and is a leading energy trading company. It is active in the SEE countries Hungary, Bulgaria, Greece and Serbia.
They are now unifying their domestic and international trading and energy solution activities under a new brand. They aim to expand their reach in power and gas markets in Europe, trade environmental commodities globally and become a climate solution partner for corporations. In this journey, their amazing team is their biggest strength and they are looking for new colleagues.
The culture
- They are committed to their values
- Ethics is at the highest rank; compliance is the overarching value
- Each of their colleagues is unique, the energy they create is common
- They keep the competition friendly and the cooperation as the priority
- Vivid, exciting, and friendly atmosphere
- Work is more fun when you celebrate successes together
- Challenge the status quo, think out of the box
- They don’t only trade energy, they also trade ideas and experiences
- Constructive feedback culture
- They are transparent, they are open-minded and straightforward
Key responsibilities
- Preparing short-term prop trading strategies in CWE region
- Reporting P&L and managing positions on a daily basis
- Close collaboration with Quant, IT and Market Analysis departments to develop market models
Who are they looking for?
- The ability to code in Python (preferably), C#, C++, Java. Quantitative modelling skills are highly desirable
- Must have a solid understanding of fundamentals of Power Markets, ideally CWE region Power Markets
- At least two years of power trading experience in the CWE region, ideally in France and Germany
- Understanding of Power Financial Futures and pricing fundamentals
- Able to develop trade strategies from day-ahead to front-month
- Strong analytical and programming skills, ability to understand and develop Power Futures valuation models
- Able to identify new trade opportunities in the region
- Self-motivated and able to work under minimal supervision
