Shift Trader

To achieve a Net Zero emissions greater grid flexibility is a fundamental necessity to cope with a more variable renewables-based power sector and enable the decarbonisation of heating and transport.

Octopus Energy is at the forefront of the energy transition and developing innovation to meet the grand system challenges of decarbonisation. You will be a key member of the team that develops transformational solutions and rapidly implements these to meet the urgent and global need for energy flexibility.

We are looking for a Shift Trader to join an expanding trading desk and be front and centre of Octopus’ growth into the exciting energy market. You’ll be responsible for creating value from the Intraday Power market, trading the volatility and managing our exposure. You’ll also work on the high level trading approach, supporting in the evolving design and improvement of our in-house analytical tools.

What you'll do

• Use market leading analytical tools to make fast, profitable trading decisions
• Execute trades within the Intraday Power market to manage Octopus’ exposure on its multi-billion pound hedge book
• Deliver additional value through the optimisation of flexible assets in the short term market
• Trade the changing forecasts of our PPA portfolio
• Design and feedback ideas for improvements in the analytics suite, as well as share trading strategy ideas with the rest of the team
• Help to build and design algorithmic trading strategies
• Liaise with the Trading Manager to ensure short term exposure risks are understood across the business

What you'll need

• Experience in Commodity Trading or similar field - ideally 1+ years experience
• A passion for the challenge of decarbonisation and grid flexibility as the enabler for it
• Ability to synthesise numerical information and make informed decisions quickly
• Eagerness to learn the fundamental drivers of the power market and become a top performing trader within the market
• A hunger to perform in a fast paced and competitive market
• An ability to maintain continued attention to the market, even in times of low market volatility
• WIllingness to undertake shift work, including nights and weekends

Why else you'll love it here

• Wondering what the salary for this role is? Just ask us! On a call with one of our recruiters it's something we always cover as we genuinely want to match your experience with the correct salary. The reason why we don't advertise is because we honestly have a degree of flexibility and would never want salary to be a reason why someone doesn't apply to Octopus - what's more important to us is finding the right octofit!
• Octopus Energy Group is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership and most recently The Sunday Times, Best Places To Work 2023
• Visit our UK perks hub - Octopus Employee Benefits