Power Trader (Junior)

Hamburg, HH, DE

In-personFull time roleNo Previous Experience, Early Career

4 months ago

About the Job

Your mission

FlexPower traders work to facilitate the energy transition with bold and rapid decision-making. Our traders work in shifts to cover the time when our clients’ assets deliver power: always. Short-term electricity trading requires you to observe the state of the grid and the market in real time. You monitor fundamental factors influencing prices such as wind and solar output, the production of various conventional plants, the energy flow between neighboring countries, the state of the grid, temperature, demand, and the behavior of actors on continuous markets such as EPEX SPOT. You use this information to (hopefully) make profitable trading decisions. When you make mistakes (which you will) or spot patterns and have ideas about new strategies, you analyze to check your intuition against data. Trading can be an extremely fun, exhilarating experience; however, you need the ability to change your mind, focus under pressure and have the emotional maturity to step away from your keyboard when it is not the time to fight.

Communication is essential in this role, as short-term power trading is done within a shift team of around six traders who will support and carry you throughout the week. Furthermore, you will work closely with engineers who will help you build tools and whom you will help to create performant algorithms. The best traders tend to love the market as (some) kids love computer games. This is a job where passion beats talent any time of the day.

Your profile

You enjoy to

Play games that require mental agility
Take calculated risks
Work under pressure
Make decisions quickly
Work well in a self-managed team that cherishes performance and supports one another in failure

You are confident in your ability to

Beat anyone in the market with a university degree in economics, finance, math, or other quantitative subjects
Do quantitative analysis (no rocket science needed)
Motivate yourself and show initiative to improve yourself and others
Write (or learn to write) some code in R, VBA, Python, or other

Why us?

You will learn to

Understand European energy markets in depth
Truly work in a very close team
Make good, rapid decisions under pressure
Carry large financial and operational responsibility

Disclaimer
We are honest about the fact that energy, is still considered a male domain by some, and we wholeheartedly disagree! We build a diverse company environment that includes minds who do not think alike.
We are looking forward to your application and are happy to answer any questions you may have about the position in question.

About the Company

CF Flex Power

Hamburg, HH, Germany

21-50

We believe that traders provide an important and valuable service to energy markets. We do constant and fast-paced analysis on the current state of the electricity grid and provide all actors crucial information through price signals. We act as intermediaries and decision makers who take risks that other actors would like to avoid. We take on this responsibility with decisive caution. We reduce shortages and oversupply by looking ahead. We need volatility to act, however we reduce volatility overall. In order to trade successfully we need fair and open markets. In order to trade fairly with the market we believe in sharing information, failures and victories and yes: the occassional trash talk.