Short Term Power Trader

Who are we looking for?

We are currently searching for Short Term Power Trader in the Global Business Unit Supply & Energy Management, based in Rome (Viale Giorgio Ribotta 31).

What will you do?

As a short term power trader, you will be part of Assets Optimization and Trading (AOT, one of the local Global Business Unit Energy management Italy –S&EM Italy– ). His/her role will be contributing to create value around S&EM Italian assets & Trading.

Based on its perimeter defined by the Short term Power Optimization & Trading Manager, the candidate will:

• Manage Power Asset: spot market dispatching and Optimization (Day Ahead; Intraday, Ancillaries markets) defining and execute the best strategies on the spot energy markets (Day Ahead; Intraday, Ancillaries markets) in order to maximize the margin and minimize risks
• Manage Short term (intra-month and month ahead) power co2 and gas portfolio, maximizing results and minimizing risk, through all flexibility offered by the markets
• Assess market strategies of competitors through the development of new analysis tools
• Through analysis on power balancing markets based on probabilistic models, optimize the bidding and maximize margins
• Develop analysis on availability and outages of power plants and transmission grid, implementing a methodology and a model to reproduce the behavior of market competitors and transmission operator
• Manage CCC auctions in order to maximize the margin and minimize risks

What will you bring to ENGIE?

• Degree in Engineering/Finance/Economics/Mathematics
• Minimum 5 years experience in Energy Management and/or in the energy space
• Excellent knowledge of Italian market design and fundamentals (e.g. Day Ahead; Intraday, Ancillaries markets, intrazonal constraints), knowledge of global energy markets is a plus;
• Excellent experience in quantitative analysis and probabilistic model
• Knowledge of trading environment (and related risk metrics) as well as experience in hedging instruments/strategies is a strong plus
• Attitude to work in availability (24 hours / 7 days)
• Attitude to change, mobility & flexibility
• Eager to learn new things, curious and passionate in commodities and financial markets and new developments in the energy sphere
• An attitude and practice of proactive idea generation and continuous review and improvement of processes
• Fluent English and Italian
• Proficient knowledge of Python and Excel (possibly VBA).

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