(Junior) Spot Trader (Day-Ahead)

(Junior) Spot Trader (Day-Ahead)

Northpool

Leiden, Netherlands

Grasp the opportunity

You think you have the trading skills to thrive in one of the most volatile markets at the heart of the energy transition. A highly competitive mindset is required to beat the European physical power markets where power and information flow 24/7. As a junior trader you will become part of our day-ahead power trading team, which operates 365 days a year. Together with your colleagues on the day-ahead and intraday (Spot) desk you will focus on the continuously changing market drivers and come up with strategies to profit from the opportunities presented by these markets.

Your challenge? Becoming a master in trading. Knowing the fundamental outlines of the market circumstances, being able to correctly assess risk versus reward and capturing the market opportunities.

Your goal? Outperforming the competitive market, making the deals that count and becoming the best Day-Ahead Power Trader!

Your responsibilities:

As a Junior Spot Trader (DA), you will learn all the fundamentals of the European power markets.

We will teach you how to operate our trading tools in detail, and to create profitable trading strategies in our simulation environment under the supervision of experienced traders. After the first couple of months, you will join the trading shifts regularly to gain hands-on experience and learn directly from the rest of the trading team.

You will never see two days that are alike. You must be ‘thick-skinned’; being a good trader requires the mental flexibility to adapt to the different market situations and losses are a part of trading, not all strategies are successful. However, you must learn to move forward from your losses and focus on executing your trading plan.

After the successful completion of your training program, you will trade shifts where you are responsible for the trading result in multiple countries. As an independent trader, you are continuously developing your own trading skills to stay on top of your game and keep beating the markets.

We ask

• Outstanding analytical and mathematical skills;
• An analytical or quantitative degree at MSc level;
• Logical reasoning & decisive under pressure;
• Good social and communication skills;
• Willing to work in the weekends and on national holidays;
• An ambitious, responsible & self-sufficient attitude;
• A maximum of three years of work experience.

We like

• Interest in (energy) trading;
• A competitive mindset;
• Knowledge of energy markets and/or sustainable energy;
• Affinity for meteorology;
• The ability to learn quickly and take initiative;
• A pro-active and flexible work mentality;
• Experience in programming languages (e.g. SQL and/or Python).