Senior Power Trader

Posted 5 days 6 hours ago by Exxon Mobil

£70,000 - £100,000 Annual
Permanent
Full Time
Other
London, United Kingdom
Job Description

We are seeking an, experienced Senior Power Trader to strengthen our London trading team. This is a high impact role for a Senior Power Trader with a strong track record of proprietary trading P&L generation in power curve markets. You will identify opportunities in the power markets by leveraging market insight & quantitative analysis, then design and execute forward market trade strategies across GB & EU power curves.

Job Role Responsibilities

Key Responsibilities

Speculative & Proprietary Trading

  • Develop and execute directional and spread trade strategies across UK and Europe power curves.
  • Manage positions down the curve in response to fundamental, technical, fuel /emission prices and weather driven signals.
  • Identify pricing inefficiencies and distortions between markets, tenors, and products to generate P&L.

Market Analysis & Modelling

  • Analyse fundamental, regulatory, and market data to generate trade ideas and stress test scenarios.
  • Collaborate with quants to enhance models affecting power price formation, volatility, and cross commodity dynamics.
  • Work with the analyst compañe to maintain supply/demand models factoring trends and generation mix changes.

Risk & Performance Management

  • Take ownership of trade strategies using VAR limits, P&L performance & trade management techniques. Work with Risk to maintain accurate position management.
  • Adhere strictly to compliance and regulatory guidelines applicable to European and UK power markets and to ExxonMobil policies.
  • Have & maintain strong relationships with brokers, market participants, and counterparties to support deal flow business and market access.
  • Mentor junior traders and contribute to widening desk capability and strategy development.

Technical & Analytical Skills

  • Proficiency in analysing large datasets; working knowledge of Python, SQL, and advanced Excel preferred.
  • Ability to work with quantitative teams on improving models, signals, and analytics that support trading strategy.
  • Highly numerate, decisive, and comfortable taking well considered risk.
  • Excellent communication skills and the ability to articulate trade rationale clearly.
  • Strong situational awareness, discipline, and an ability to operate effectively in fast moving markets.

Experience & Track Record

  • 7-10 years trading GB/EU power curve markets with a demonstrable speculative P&L and proven commercial impact.
  • Deep understanding of power markets, ideally including experience with forward asset optimization.
  • Strong relationships with market counterparties and experience of deal development.

ExxonMobil is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion,

genetic information, or physical or mental disability