Short term power trader

Global Business Unit Supply & Energy Management, based in Rome (Viale Giorgio Ribotta 31).

As short term power trader, you will be part of Assets Optimization and Trading (AOT, part of the local Global Business Unit Energy management Italy – S&EM Italy). Your role will contribute to creating value around S&EM Italian assets & Trading.

• Manage Power Asset: spot market dispatching and optimization (Day Ahead;
  Intraday, Ancillaries markets), defining and executing the best strategies on the spot energy markets to maximize margin and minimize risks.
• Manage short‑term (intra‑month and month‑ahead) power CO2 and gas portfolio, maximizing results and minimizing risk, through all flexibility offered by the markets.
• Assess market strategies of competitors through development of new analysis tools.
• Through analysis on power balancing markets based on probabilistic models, optimize the bidding and maximize margins.
• Develop analysis on availability and outages of power plants and transmission grid, implementing a methodology and a model to reproduce the behavior of market competitors and transmission operator.
• Manage CCC auctions to maximize margin and minimize risks.

• Degree in Engineering/Finance/Economics/Mathematics.
• Minimum 5 years experience in Energy Management and/or in the energy space.
• Excellent knowledge of Italian market design and fundamentals (Day Ahead;
  Intraday, Ancillaries markets, intrazonal constraints);
  knowledge of global energy markets is a plus.
• Excellent experience in quantitative analysis and probabilistic modeling.
• Knowledge of trading environment (and related risk metrics) as well as experience in hedging instruments/strategies is a strong plus.
• Attitude to work in availability (24 hours/7 days).
• Attitude to change, mobility & flexibility.
• Eager to learn new things, curious and passionate about commodities and financial markets and new developments in the energy sphere.
• Proactive idea generation and continuous review & improvement of processes.
• Fluent in English and Italian.
• Proficient knowledge of Python and Excel (possibly VBA).