Intraday Proprietary Power Trader
4 weeks ago
A newly established proprietary power trading firm in Copenhagen is seeking a skilled Intraday Prop Power Trader with a minimum of 2 years of experience trading intraday on the CWE (Central Western European) power markets. This role offers the chance to join a small, agile team where you can have a real impact on the business's growth and success—an opportunity to be a big fish in a small pond rather than just a cog in the machine.
Responsibilities:
- Execute intraday proprietary trading strategies specifically within the CWE power markets, identifying and capitalizing on profitable opportunities.
- Monitor and analyze market dynamics, price drivers, and imbalances to inform and optimize trading decisions.
- Collaborate closely with the team to develop and refine innovative trading strategies, leveraging advanced analytics and market insights.
- Manage risk effectively within the firm's risk framework while maintaining a strong performance track record.
- Stay informed on regulatory developments and their implications for the CWE markets.
- Play a key role in shaping the firm's trading operations and fostering a collaborative, entrepreneurial culture.
Requirements:
- At least 2 years of proven experience in intraday proprietary power trading on the CWE markets, with a track record of consistent profitability.
- Deep understanding of CWE market structures, including balancing mechanisms and price drivers.
- Proficiency with trading platforms, analytical tools, and programming languages (e.g., Python, VBA) to support trading and strategy development.
- Strong risk management skills and a disciplined, proactive approach to trading.
- Exceptional analytical and decision-making capabilities in a fast-paced market environment.
- Entrepreneurial mindset with a drive to contribute meaningfully to a growing business.
What's on Offer:
- Attractive compensation, including a profit-sharing scheme with a cut of the book ranging from 5-15% of profits.
- The autonomy to drive trading strategies and make a significant impact in a lean, highly skilled team.
- An opportunity to grow with the business and take on broader responsibilities as it evolves.
Mid-Senior level
Employment typeFull-time
Job functionFinance, Analyst, and Business Development
IndustriesCapital Markets, Oil and Gas, and Electric Power Generation
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