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SalaryEnergy Trader
Location - Cheltenham (Central) – Hybrid options to be discussed at interview, but you must be able to reliably commute to Cheltenham for this role.
Who are we?
Noriker Power specialise in agile power systems vital for grid stability and flexible energy solutions. Our focus on innovation and sustainability has made us a key player in the industry. With over 300MW of advanced battery and hybrid facilities and thanks to our partnership with Equinor, who are investing billions into the energy transition, we’re accelerating in the development of even larger grid-scale battery storage projects and shaping the future of the grid.
About You:
To excel in this role, you should enjoy fast-paced environments, problem-solving, and have an interest in leveraging technology to make good decisions. You will get excited at the prospect of actively and profitably trading electricity and power derivatives across various markets. You’ll also be comfortable with trading on extended day and/or night shifts.
How will I spend my day at Noriker?
- Contribute to the execution strategy of a 24/7 shift trading team
- Actively trade on the UK power market, making buy and sell decisions to generate P&L
- Real time analysis of the UK power market and operation of National Grid balancing actions
- Identification of value creation opportunities, developing trading strategies and asset optimisation models within UK Balancing Services, the BM and power markets
- Collaborate with software developers to implement expert advisory and automatic trading systems
- Report on trading performance, P&L, and risk metrics to senior management
- Stay updated on industry developments, regulations, and emerging trends affecting power markets
- Support the business development team around flexible assets and demand, to identify and optimise opportunities
What skills will I need to succeed?
- Degree qualified in Finance, Economics, Engineering, or a related field (or equivalent experience)
- Minimum one year’s commercial experience in the UK energy markets, ideally as a trader or analyst
- Comfortable with Excel or using programming languages (e.g. Python) to interpret large data sets
- Excellent analytical and quantitative skills with keen attention to detail
- Commercially focused with accountable problem-solving abilities, and committed to excellence
- Superb organisation, time management and communication skills
- Ability to work under pressure and to tight deadlines in a fast-paced environment
- Self-motivated and results orientated
- From the early stages of developing trading systems and analysing the electricity market to improving forecasting and trading models
- Mature outlook with commitment to perpetual learning and continual improvement
- Strong work ethic with a belief that true collective achievement is a product of graft and application
- Willingness to work in 24/7 shift rotation
- Eligible to work in the UK
What’s in it for you?
- Company events and socials
- Enhanced pension scheme
- Private medical insurance
- Annual Bonus
- Cycle to work scheme
- Profit sharing (for some roles, to be discussed at interview)
- Green travel scheme (after one full year of service)
At Noriker, we’re passionate about creating inclusive workplaces where everyone can be themselves and contribute to the fullest of their ability. For us, that means supportive teams and strong relationships where the focus is on everyone’s contribution, where distinctions are based on professionalism, personality and commitment. We strive to be classification blind, we just want the best people to join us, stay with us, and contribute in their own unique way.
Job Type: Full-time
Benefits:
- Company pension
- Cycle to work scheme
- Free parking
- Private dental insurance
- Private medical insurance
- Profit sharing
- Referral programme
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Application question(s):
- Please provide your salary or package expectations for this role.
Work authorisation:
- United Kingdom (required)
Work Location: Hybrid remote in Cheltenham
Reference ID: NP17
