(Junior) Intraday Trader d/f/m - Automated & Intraday Trading Desk

RWE Supply & Trading GmbH
To start as soon as possible, full time, permanent

 

Your future plans

The Automated  & Intraday Trading desk is the central commercial hub at RWEST for all continental European intraday activities in power markets. Additionally, a large and continuously expanding portfolio of systematic strategies in spot markets is managed by traders. Being a pioneer in intraday and automated power trading, the desk runs a holistic and complex algorithmic framework that that continuously trades RWE’s flexible hydro and thermal assets plus batteries, outages, the sharply increasing renewables exposure as well as 3rd party flow.

 

You will work at a top tier power trading desk on Europe’s largest energy trading floor together with experienced Intraday Traders in a 24/7 shift system as well as dedicated Algo Traders. You will be responsible for managing a portfolio of over 20 GW installed capacity across various asset classes and our desk looks forward excitedly to additional 3 GW of RWE ‘s battery investment pipeline in the very near future:

 

• Commercial Ownership: Navigate large asset options and swiftly adapt to positions of short flex, such as outages or sudden updates in renewable production, consistently striving to surpass market performance benchmarks
• Portfolio Coverage: Take charge of RWEST’s intraday trading activities across several European power markets in Germany, the Netherlands, Belgium, France, Scandinavia, and Italy
• Algorithmic Steering: Direct the operation of the desk’s sophisticated in-house algo software, overseeing thousands of deals daily and ensuring precise timing and execution on power exchanges like EPEX SPOT or Nord Pool Spot
• Value Maximisation: Identify and capitalise on opportunities to extract maximum value from RWE’s flexible asset fleet in both liquid and illiquid markets, fostering collaborative discussions with team members
• Innovation and Strategy: Innovate and challenge proprietary trading strategies, contributing to the expansion of the desk’s strategic purview
• Market Expansion Support: Assist in new market entries and product implementations, leveraging internal expertise to drive success.
• Collaborative Environment: Participate in an agile SCRUM working environment, collaborating closely with the desk’s dedicated automated trading IT Squad and software engineers

 

Your powerful skills 

• Show a keen interest in commercial aspects and analytical thinking, with a willingness to learn in a fast-paced trading environment
• Have a strong grasp of commercial understanding to recognise and identify trading opportunities
• Be able to work with minimal supervision and make effective decisions under pressure
• Demonstrate an eagerness to explore new trading strategies and approaches
• Be an excellent team player and demonstrate professionalism in collaboration with stakeholders
• Fluent in English
• Hold a degree in relevant fields like business administration, economics, mathematics, data science, or banking/ industrial economics

 

Advantageous, but not a must

• Basic knowledge of trading software or exchange trading
• First experience in SQL, R, Python, or Tableau
• First experience in back-test analysis for trading
• Proficiency in German

 

What we value most is passion, willingness to learn and a determined and resilient work ethic. So, even if you think you do not yet display all of the skills above we would still like to hear from you.

Benefits you can rely on

We really appreciate you going the extra mile and using every ounce of energy when the heat is on. That’s why we want to make your time with us as enjoyable as possible. At RWE Supply & Trading we value our employees and strive to create a supportive and inclusive work environment. With a range of competitive benefits, we not only offer excellent development prospects and an attractive remuneration package, but also take care of your well-being and understand that life-work integration is essential. Also our offer includes the following perks:

• Work at the commercial heart of RWE – right on one of Europe’s largest trading floors directly shaping the energy transition

• Take responsibility for a commercial P&L including annual bonus

• Join a diverse and multicultural team in a highly dynamic and rapidly growing business

• Benefit from an embedded, dedicated expert