Energy Trader
Makati, National Capital Region
Posted 2 days ago
- Company:
- PowerSource Group of Companies
- Company Description:
- PowerSource Group of Companies is a trusted provider of energy solutions, specializing in Operations and Maintenance Services and sustainable energy innovations. We are deeply committed to responsible energy practices and extend power to underserved communities through clean technologies like microgrids. At PowerSource, we combine expertise, innovation, and purpose to drive a more sustainable and inclusive energy future.
- Contract Type:
- Full Time
- Experience Required:
- 2 years
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 1
Job Description
- Execute trades in various energy markets, including spot, forward, and derivatives.
- Utilize trading platforms and tools to monitor market conditions and execute transactions.
- Manage and optimize the company's energy portfolio based on market analysis and trading strategies.
- Ensure trades are executed in compliance with regulatory requirements and internal policies.
Market Analysis & Research:
- Conduct in-depth research and analysis of energy market fundamentals, including supply/demand drivers, price trends, and regulatory changes.
- Develop and maintain market models and forecasts to support trading decisions.
- Monitor and interpret market news, weather patterns, and geopolitical events that may impact energy prices.
Risk Management:
- Identify, assess, and manage risks associated with energy trading activities, including price volatility, counterparty risk, and market liquidity.
- Implement and adhere to the company's risk management framework and trading limits.
- Develop and execute hedging strategies to mitigate price exposure.
Portfolio Optimization:
- Continuously evaluate and optimize the energy portfolio to enhance profitability and manage risk.
- Identify and capitalize on arbitrage opportunities and market inefficiencies.
- Develop and implement strategies for asset optimization, including storage and transportation.
Compliance & Reporting:
- Ensure all trading activities comply with relevant regulations, exchange rules, and internal policies.
- Prepare and maintain accurate trading records and reports.
- Stay informed about changes in regulatory standards and reporting requirements.
Collaboration & Communication:
- Collaborate effectively with other teams, including operations, scheduling, and risk management.
- Communicate market insights and trading strategies to relevant stakeholders.
- Build and maintain relationships with counterparties and brokers.
Qualifications:
- Obtains a Bachelor’s Degree in Engineering, Mathematics, Economics, or related fields.
- At least two years of experience in energy trading, market operations, or trading analytics.
- Willing to work on a shifting schedule.
- Willing to work in Makati City.
