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Junior Trader

Tesseract

Tesseract

Accounting & Finance
London, UK
Posted on Thursday, October 19, 2023

This role sits at the heart of Fuse Energy. You will be a key player responsible for continuous hedging and risk management.

Your responsibilities will include but are not limited to:

  • Monitoring of our positions as well as constant risk management of positioning along the curve
  • Developing and optimising dynamic curve hedging strategies
  • Optimisation of hedging across forwards, PPAs, and the day ahead markets, in particular, hedging with stochastic customer demand and renewables generation
  • Analysis of fundamental and technical market conditions
  • Bachelor's degree in a highly analytical discipline such as Mathematics, Engineering, Physics, Finance, Economics, Computer Science or equivalent
  • 2+ years of experience trading in EPEX Spot, Nordpool and EEX markets as well as trading in the ancillary service markets with all necessary exchange qualifications
  • Knowledge of the UK renewables market and shape trading for hedging strategies
  • Knowledge of PPA pricing and management of renewable asset generation volatility
  • Excellent communication and analytical skills
  • Ability to work in a fast paced environment

Bonus points for candidates who have

  • Knowledge of flexibility assets/DSR battery solutions.
  • Knowledge and experience with short term supply/demand modelling
  • Experience programming in a scripting language (e.g Python, MATLAB or R etc)
  • Competitive salary and a stock options sign-on bonus
  • Biannual bonus scheme
  • Fully expensed tech to match your needs!
  • 30 days paid annual leave per year excluding Bank Holidays
  • Opportunity to work closely with senior business leaders and exposure to building a global energy business