Shift Trader

Octopus Energy

3800

London, UK, United Kingdom

Posted on: 2024-08-20

Category: energy

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Expired

Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

We're on a mission to make a big green dent in the universe by building a truly sustainable energy system globally.

That means making power greener, smarter, and more affordable for everyone.

We put customers at the heart of everything we do: with always-fair prices, transparency and outrageous customer service.

We drive system change: with transformative tech to make renewable energy the norm and end global reliance on fossil fuels.

Octopus Energy Group is made up of 10 businesses spanning 6 countries across 3 continents, including: Octopus Energy Retail, Kraken Technologies, Octopus Energy Generation, Kraken Flex, Octopus Electric Vehicles, and the Octopus Centre for Net Zero. More on OEG @ octopusenergy.group

To achieve a Net Zero emissions greater grid flexibility is a fundamental necessity to cope with a more variable renewables-based power sector and enable the decarbonisation of heating and transport.

Octopus Energy is at the forefront of the energy transition and developing innovation to meet the grand system challenges of decarbonisation. You will be a key member of the team that develops transformational solutions and rapidly implements these to meet the urgent and global need for energy flexibility.

We are looking for a Shift Trader to join an expanding trading desk and be front and centre of Octopus’ growth into the exciting energy market. You’ll be responsible for creating value from the Intraday Power market, trading the volatility and managing our exposure. You’ll also work on the high level trading approach, supporting in the evolving design and improvement of our in-house analytical tools.

If this sounds like you then we'd love to hear from you.

Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!

Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.

What you'll do

Use market leading analytical tools to make fast, profitable trading decisions

Execute trades within the Intraday Power market to manage Octopus’ exposure on its multi-billion pound hedge book

Deliver additional value through the optimisation of flexible assets in the short term market

Trade the changing forecasts of our PPA portfolio

Design and feedback ideas for improvements in the analytics suite, as well as share trading strategy ideas with the rest of the team

Help to build and design algorithmic trading strategies

Liaise with the Trading Manager to ensure short term exposure risks are understood across the business

What you'll need

Experience in Commodity Trading or similar field - ideally 1+ years experience

A passion for the challenge of decarbonisation and grid flexibility as the enabler for it

Ability to synthesise numerical information and make informed decisions quickly

Eagerness to learn the fundamental drivers of the power market and become a top performing trader within the market

A hunger to perform in a fast paced and competitive market

An ability to maintain continued attention to the market, even in times of low market volatility

WIllingness to undertake shift work, including nights and weekends

Why else you'll love it here

Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!

Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership and most recently The Sunday Times, Best Places To Work 2023

Visit our UK perks hub - Octopus Employee Benefits

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