Power Trader - Long Term Trading

Power Trader - Long Term Trading

Nadara

Milan or Madrid

Job Description Summary:

We are looking for a Power Trader dedicated to the Long Term Trading and execute the Group’s hedging strategy willing to join our Energy Market department in the Portfolio Management & Trading team, support pricing activities, and manage trading operations to optimize financial performance.

Job Description:

Key Responsibilities:

• Execute the financial and physical fixing for Nadara Energy Trading portfolio, managing pricing, profiles, volumes and zonal risks;
• Managing proprietary trading activities (power, gas, EUA, oil) on Financial platform (EEX), monitoring financial exposure and respecting the trading policy;
• Developing trading models which will improve performances;
• Developing new Trading and Hedging Strategies (Trading around the Asset and Rolling Hedge);
• Prop trading on cross-border activities (JAO, SEECAO);
• Reporting on daily basis team’s activities performances (Performance Index, P&L Trading, P&L Contract Shift Model);
• Perform pricing and hedging execution for third‑party clients (fixing options), supporting the Hedging Policy;
• Manage ISDA agreements (new lines, exposure monitoring, collateral/guarantee increases);
• Perform deal capture and maintain reporting together with Back Office.

Key requirements:

• A Mathematical/Engineering/Statistical/Finance or similar degree;
• At least 2 years’ experience in a trading or hedging role;
• Deep knowledge of electricity, gas and carbon market dynamics;
• Experience in trading, hedging, or energy risk management;
• Strong understanding of EEX/JAO markets and derivative instruments;
• Excellent analytical skills and familiarity with performance KPIs;
• Knowledge of pricing models;
• Familiarity with quantitative data analysis;
• Proficiency in English;
• Strong analytical skills;
• Excellent knowledge of Microsoft Office;
• Good communication, accuracy, results driven attitude and ability to work in team.