Energy Trader

Hi, we're GPG

We are an international group of companies with operations in Gateshead (UK), Paris, Malta & Italy (Europe) and Chennai (India), specialising in business-to-business energy services, energy procurement and developing technologies that transform how businesses use and manage their energy as we move towards a low-carbon economy.

We are proud of our many awards, most recently being recognised within the Top 1000 of Europe's Fastest Growing Companies (Financial Times).

The Role

The Energy Trader will be responsible for implementing and executing clients' electricity and gas trading strategy and activities. Reporting to the Head of Energy Trading they will be responsible for developing the company's ability to trade energy whilst building a market leading trading functionality to deliver an unparalleled flexible purchasing offering to our existing and potential customers.
They will be accountable for the maintenance and development of comprehensive risk strategies for Client-Market exposure and budget risk covering electricity and gas purchasing.
They will manage a portfolio of power and gas trades for Industrial & Commercial users of energy.

Responsibilities:

• Manage companies' commodity trading position. Deliver traded energy to meet companies' and customers' risk and budget requirements.
• Development of client trading strategies to meet individual client requirements, liaising directly with clients.
• Executing the trading strategy on a day-to-day basis whilst striving to continuously improve all risk management strategies.
• Develop tools and models to assist in the decision-making process when hedging clients' energy expenditure.
• Support in the production of daily, weekly and monthly market intelligence reporting for both internal and external use.
• Produce periodic reports for customers.
• Focus on both short, mid- and long-term trading for clients' position management.
• Responsible for profit and loss on any unlocks/relock trades undertaken on client accounts.
• Making trading or hedging recommendations to clients utilising fundamental/technical analysis.
• Formulate and implement a risk vs reward view based on technical and fundamental analysis for clients.
• Responsible for the entry of trades into the Energy Trading Risk Management system in a timely manner.
• Ensuring client positions remain at all times within the agreed trading parameters and risk management strategy.
• Stay up to date with market trends and provide insight and analysis to shape company product offering.
• Model the incorporation of low carbon generation (energy efficiency and on-site generation) and power purchase agreements (PPAs) into customer supply agreements.
• Mentor and develop junior trading analysts to support the growth of the company's trading desk.

Experience/Qualifications:

• 2 years' commodities trading or risk management experience within the UK Energy Sector
• Strong risk management skills and experience of delivering additional value via optimised trading
• Previous experience in the development of new risk models and strategies and their implementation within a trading desk
• Have a detailed knowledge of energy suppliers and their product offerings
• Highly analytical with a strong attention to detail
• Highly proficient in Excel, PowerPoint & Other MS Office applications
• Experience with trade capture and risk management systems
• Degree educated or equivalent
• Experience building and maintaining key accounts in the energy industry supporting the sales functionality
• Established network of business with proven track record within the energy industry
• Experience of executing a B2B trading business plan.