Junior Power Trader

16 ore fa

Lazio, Lazio, Italia Cgs Part-time

Short-term Trader & algo-developer - Italian gas & power market

The role : My client is looking for someone to join their Power trading team for the Italian market. The candidate will play a vital role in maximizing profitability and minimizing risk through efficient and effective trading and logistics strategies.

Responsibilities

  • Short-term demand forecasts
  • Execute daily and within-day trading in the Italian Power market, including buying and selling power to capitalize on market fluctuations and optimize profitability
  • Monitoring and optimisation of the gas customer portfolio, limiting risk within the established parameters
  • Collaboration in regulatory monitoring and analysis of potential impacts, ensuring compliance with legal and regulatory frameworks and taking advantage of opportunities
  • Supporting trading strategies with innovative tools and data analysis, backtesting, ecc.
  • Apply gas trading insight to design, optimize and rethink automated trading tools
  • Generate positive P/L and capture market opportunities based on analysis of market conditions
  • Lead Algo-Trading Project in the Italian Power Market, with a specific focus on the Italian XBID market, including strategy design, implementation and operational supervision
  • Forecast and control the market guarantees required in the Italian gas market, including balancing, transport capacity, storage capacity, and other regulatory requirements
  • Ensure compliance with market guarantee regulations and optimize financial performance
  • Programming and nomination of gas storage operations, participation in gas storage capacity auctions and identification of flexibility opportunities to improve the P&L of storage activities
  • Support short-term trading and operational activities in the Italian power market

Qualifications

  • 1 to 2 years of experience in power trading, logistics, or a similar role within the energy industry.
  • Bachelor's degree in a relevant field such as economics, engineering, finance, or a related discipline
  • Fluency in Italian and English (oral and written) is essential.
  • High analytical and teamwork skills
  • Experience in programming and data analysis, with working knowledge of Python and SQL

Who are you?

  • Goal-oriented with high performance standards and strong ownership mindset
  • Strong analytical and problem-solving skills, with a structured and meticulous approach
  • Ability to work with large datasets and use appropriate analytical tools (e.g. SQL, Python)
  • Familiarity with forecasting models applied to short-term energy markets
  • Proactive, with a can-do attitude and a continuous improvement mindset
  • Comfortable operating energy markets, opening and managing positions while effectively assessing and controlling risk