Power Trader

At World Fuel Services, our employees drive our global success. Our industry leadership is attributed to the diverse talents of our 5000-strong professional team.

The EMEA business has established a downstream supply business where World Fuel provides reliable power supply, delivering day ahead and within day trading of physical power, overlaid with financial hedging to meet customers' predefined mandates.

POSITION LOCATION: Nordics

RESPONSIBILITIES:

The successful candidate will be part of the EMEA trading desk for power, traded products, and responsibilities will include

1. Developing and implementing trading strategies to deliver optimal trading results and mitigate imbalance costs.
2. Proactively manage Nordic portfolios and optimise positions through trade execution.
3. Keeping abreast of all developments that can have direct impact on the market.
4. Monitoring load data, power consumption, and production, price feeds, and weather conditions.
5. Undertaking in-house analysis and stack modelling to support trading decisions.
6. Continuing to grow the business through pricing non-standard profiles.
7. Ownership, management, and timely reporting of Spot trading P&L.
8. Establishing and maintaining automatic processes to ensure smooth transition from forecast to trading, allowing for last-minute changes to forecast.
9. Working closely with Key Account Managers from inception to completion on new sales opportunities.
10. Liaising with Middle/Back office on all post-execution processes (P&L/risk/position breaks/Commercial v Accounting P&L breaks etc).
11. Collaborating with scheduling teams to ensure no transactions are missed/mis-nominated during the balancing process with TSOs.
12. Working with Market Risk on ad-hoc analysis/back testing, keeping in mind the immediate and long-term commercial activities and development of the business.

PERSON SPECIFICATION (BACKGROUND AND SKILLS)

The successful candidate will require excellent numeracy skills, be calm and confident, and able to respond calmly under duress.

The candidate will be confident with communication and flexible enough to respond to demands at short notice and knowledgeable enough to prioritise on a daily basis.

The candidate will have a strong track record of energy markets and trading experience would be an advantage.