Senior Trader

Job summary

Watch our Webinar on the above link and gain valuable insight into GCA and our recruitment processes.

Would you like to use your energy trading and wider energy industry knowledge for public good?

Then become part of the expert team within the Government Commercial Agency (GCA) managing over 1bn p.a. commodity exposure and providing energy industry expertise for the central government and wider public sector.

Job Summary

You will work as one of 4 senior traders reporting to the Trading Manager. The team works collaboratively to hedge energy demand for aggregated portfolios and individual public sector organisations, delivering value for money within risk parameters. The team oversees the full operational lifecycle of trading products, including hedging, forecasting, validations, analysis and reporting.

As subject matter expert, you will also provide strategic technical guidance to the wider energy team, playing a pivotal role in evolving areas such as corporate Power Purchase Agreements and direct wire offerings, to meet the shifting needs of our public sector customers.

Job description

• Proactively execute electricity and gas hedging to deliver value to public sector customers, whilst adhering to relevant risk strategies

• Provide expert level understanding of UK power and gas markets, their underlying fundamental drivers, policy frameworks

• Undertake or oversee all back office and forecasting tasks needed to support all aspects of customer price-setting activities

• Draft accurate, informative and reports to a wide range of stakeholders

• Support, and represent if required, at strategic meetings with key stakeholders

• Provide expertise to the wider energy team on key GCA development areas, such as direct wire, corporate PPAs, flexibility

Person specification

• Trading / Hedging Execution: Proven experience in the proactive execution of gas and electricity hedging, with a demonstrable track record of adhering to formal risk parameters

• Market Analysis: Proven ability to successfully utilise fundamental and technical analysis to inform trading decisions

• Stakeholder Influence: Strong communication skills alongside a proven ability to translate complex market movements into clear, easy to read reports for a wide range of stakeholders

• IT capability and quantitative aptitude: Proven experience of Microsoft Excel for energy modelling, including the use of advanced formulae, pivot tables, and data visualization to analyse market trends; High standard of general IT literacy. Demonstrable experience in managing and interpreting large, complex datasets to support price-setting or forecasting

• Specialist Energy Structures: demonstrate knowledge and / or experience of non-standard assets, for example direct wire, corporate PPAs, flexibility / DSR