Job description
Energy Trader
Location: Cheltenham & Gloucester
Type: Full-time Permanent
Salary: Competitive - dependent on experience
Benefits: Private Medical Insurance, Bonus Scheme
About Us:
Noriker Power develops and optimises rapid response power systems, providing services such as frequency control and stability to National Grid and power flexibility to market participants. Through its innovative approach and commitment to sustainability, the company has become a vertically integrated developer and service provider in the fast-growing energy market.
Noriker has already developed and constructed over 300 MW of large-scale battery and hybrid facilities to support a renewable grid, enough to stabilise 5 GW of wind and provide power to over 250,000 homes.
In the past year, the company signed a strategic cooperation agreement with Equinor, a major player in the energy transition, positioning Noriker Power at the forefront of the sustainable energy revolution and enabling the company's growth to reach new heights.
With a pipeline of larger grid-scale projects, Noriker is now poised to move toward the construction and operational phases, accelerating the development of its projects to drive the sustainable energy revolution forward.
About You:
You are enthusiastic for what you do, committed to perpetual learning, and strive to play a role in solving one of the most urgent problems of our time - climate change. You have a mature outlook, a strong work ethic, and a belief that true collective achievement is intrinsically a product of graft and application.
From the early stages of developing trading systems and analysing the electricity market to improving forecasting and trading models, the role is suitable for somebody who enjoys fast-paced environments, problem-solving, and has an interest in leveraging technology to make good decisions. The role involves working a shift pattern of extended days and/or nights .
Responsibilities:
- Contribute to the execution strategy of a 24/7 shift trading team
- Active trading on the UK power market, making buy and sell decisions
- Real time analysis of the UK power market and operation of National Grid balancing actions
- Identification of value creation opportunities, developing trading strategies and asset optimisation models within UK Balancing Services,the BM and power markets
- Collaborate with the software development team on the implementation of expert advisory and automatic trading systems
- Support the business development team around flexible assets and demand, to identify and optimise opportunities in a fast-changing regulatory environment
Requirements
- Degree qualified in a STEM subject or equivalent experience
- Minimum one year trading and analyst experience in the UK power market
- Comfortable with programming scripting languages to interpret large and complicated data sets
- Solid quantitative and analytical skills
- Commercially focussed with accountable problem-solving abilities
- Superb organisation, time management, and communication skills
- Ability to work under pressure and to tight deadlines
- An accountable problem solver, committed to excellence
- A positive, self-motivated, and proactive individual
- Strong sense of responsibility and contribution to common goals
- Eligible to work permanently in the UK.
We are committed to equal opportunities and a working environment based on merit alone.
Job Types: Full-time, Permanent
Salary: £30,000.00-£65,000.00 per year
Benefits:
- Company events
- Company pension
- Private medical insurance
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Ability to commute/relocate:
- Gloucester, Gloucestershire: reliably commute or plan to relocate before starting work (required)
Experience:
- trading: 2 years (preferred)
Work authorisation:
- United Kingdom (required)
Work Location: One location
Reference ID: ET23