Power Trader

Macquarie Bank Limited; London; Hybrid; GBP 50,000 - 90,000

Job description

Our Gas and Power team is dedicated to providing flexible market access solutions within the European Gas and Power sector. Based in our London office, you'll be part of a dynamic team that leverages Macquarie’s liquidity in physical, financial, OTC, and cleared markets to support our clients.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

As a Power Trader, you will focus on European Gas and Power markets, contributing to our expanding Gas and Power business. You will engage directly with clients, leveraging your expertise to make markets for less liquid contracts and collaborate closely with our gas and carbon desks to support fundamental power modelling.

What you offer

• Approximately 5 years of trading experience, preferably in main Continental markets such as France and Germany
• Proven experience in working with sales and origination on client requests
• Ability and appetite to make markets for less liquid contracts (quarters, months, peaks) in core Continental markets
• Experience in asset-backed power trading (Spark-Spreads, Dark-Spreads, hourly profiles) is advantageous
• Interest in products that help manage ‘transition assets’ such as batteries and peakers is beneficial
• Good understanding of regulatory changes in core markets (CRE/BNetzA, purchase aggregators, lignite/nuclear retirements, etc.)
• An (advanced) university degree in science, engineering, or quantitative economics is an advantage

Join us in shaping the future of the European Gas and Power markets and be a part of a team that values innovation, collaboration, and professionalism. We love hearing from anyone inspired to build a better future with us; if you're excited about the role or working at Macquarie, we encourage you to apply.

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• Hybrid and flexible working arrangements
• One wellbeing leave day per year and minimum 25 days of annual leave
• Primary carers are eligible for minimum 20 weeks paid leave and minimum 6 weeks for secondary carer
• Paid volunteer leave and donation matching
• Range of benefits to support your physical, psychological and financial wellbeing
• Employee Assistance Program, a robust behavioral health network with counseling and coaching services
• Recognition and service awards

Our commitment to diversity, equity and inclusion

We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.