Forward Trading Lead - Renewables, SEM

Job description

Forward Trading Lead (SEM, I-SEM) Renewables

We are working in strategic partnership with an excellent client looking for a Trading Lead. You will be responsible for shaping and delivering forward trading & hedging strategy for the Irish power portfolio. With deep market expertise, strong commercial, analytical capability to support strategic trading decisions, optimise portfolio performance and manage market risk across the Irish Single Electricity Market (SEM) and forward power markets.

This is an exciting opportunity to lead a small team, leading the market analysis, price forecasting, trade risk management and regulatory compliance activities while driving continuous improvement across trading processes, controls and reporting. Through the delivery of timely insights, robust market intelligence and evidence-based recommendations, you will support improved trading performance, informed decision-making and the continued growth and success of renewable energy portfolio.

Skills –

• Looking strong commercial exp in power trading, forward hedging, power market analytics, price forecasting, or commercial energy analysis, including responsibility for commercially significant recommendations or trading decisions.
• Strong knowledge of SEM/I-SEM, forward power markets, market drivers, generation asset economics and relevant regulatory obligations, including EMIR and REMIT.
• Exp developing or applying power price forecasts, market models, scenarios and statistical analysis to support trading decisions, along with experience managing trading positions, hedge performance, counterparty or credit considerations and associated controls.
• Ability to analyse large datasets, test assumptions and convert complex findings into clear commercial recommendations, with advanced Excel and data-analysis capability and experience manipulating, validating, and presenting large datasets.
• People leadership, strong stakeholder management, communication, reporting, influencing senior decision-makers
• Knowledge of ETRM systems, trading controls, and management reporting; experience with Plexos and one or more of SQL, Python or Power B.
• Experience in gas-market modelling, capacity-market analysis, renewable asset hedging, (C)PPAs, Guarantees of Origin, the development of new trading products and counterparties, future market-design workstreams, model governance, back-testing, forecast-performance evaluation, and membership of a relevant professional body would be advantageous.

As the lead you’ll develop and execute approved hedging strategies for Irish power portfolio; optimise hedge volumes, products and timing within agreed mandates; monitor positions and performance; develop counterparties and market access; manage credit, liquidity and execution risks; and provide clear recommendations to internal stakeholders.  Owning and continually improving the Energy Trade Risk Management framework, including trade capture, data quality, controls, new asset and product onboarding, position reporting, and audit readiness.

Ensuring compliance with EMIR and REMIT obligations, Ministerial Specifications, Treasury Policy, and internal procedures, including requirements relating to (C)PPAs and Guarantees of Origin; maintain documented processes and coordinate regulatory reporting, assurance reviews and remediation actions.

Lead forward-market analysis, monitor market design, lead the development, validation and governance of electricity market pricing, lead outage and capacity market analysis + much more.

This is an excellent client based in Co Kildare who offer hybrid working arrangements. 

Reference 225616858