28d ago
Job description
About the Role
Role type: Permanent | Location: Switzerland | Model: Hybrid | Level of travels: n/a
Are you looking to make an impact in the energy sector? Become part of Alpiq - your energy matters!
Mission
In this role, you will be responsible for developing and executing trading strategies across European short-term power markets, with a particular focus on the UK market. While acting as a specialist for Great Britain (GB) power trading, you will actively participate in the trading and optimization of Alpiq's wider European portfolio covering Germany, France, Austria, Belgium, the Netherlands and the Nordic power markets. The role combines UK market specialization with broader participation in Alpiq's CWE and Nordic trading activities.
You will be joining a team of experienced traders and algo traders operating across Europe on a 7/7-day shift basis during extended working hours. The team is responsible for proprietary trading activities as well as the optimization of renewable assets and batteries from DA down to balancing markets. Working closely with analysts, quantitative researchers, meteorologists, IT developers and our 24/7 intraday desk, you will contribute to maximizing value creation in increasingly automated and data-driven power markets.
Your main responsibilities
- Trade a virtual power plant portfolio of wind/solar in DE, FR, FI, SE on a 7/7-day shift basis in Intraday and Day Ahead market
- Act as the in-house expert for UK short-term power markets, bringing deep knowledge of Day-Ahead, Intraday, balancing and flexibility market dynamics.
- Develop and execute proprietary trading strategies across UK, CWE and Nordic power markets, with a particular focus on UK market opportunities arising from renewable penetration, system imbalances, storage assets and transmission constraints.
- Contribute to the commercial development and optimization of Battery Energy Storage Systems (BESS) in the UK market by identifying monetization opportunities, trading strategies and route-to-market solutions across wholesale, balancing and ancillary service markets.
- Provide market expertise on battery economics, congestion management opportunities, revenue stacking and short-term optimization strategies.
- Manage the risk exposure of proprietary trading positions in accordance with internal mandates, risk policies and trading limits.
- Monitor and analyse market fundamentals including weather developments, generation forecasts, renewable production, demand forecasts, fuel prices, interconnector flows and balancing market signals.
- Contribute to the development, testing and implementation of algorithmic trading strategies together with Alpiq's algo trading and quantitative teams.
- Participate in the conceptualization and continuous improvement of automated trading services, forecasting models, workflow automation and analytical tools.
- Perform daily assessment of trading performance through P&L analysis, strategy reviews and back-testing of trading decisions.
- Prepare regular trading performance reports and communicate market developments, opportunities and strategic recommendations to stakeholders.
- Share market knowledge, best practices and trading insights with colleagues across the trading organization and support onboarding of new team members.
- Collaborate closely with originators, pricing and quantitative analysts, developers, risk managers, operations and middle-office teams to improve overall trading performance.
- Help further develop Alpiq's position as a leading player in short-term power trading across the UK, Central Western Europe and Nordic power markets.
Your impact
While serving as the UK's market expert within the desk, you will contribute to the overall performance of the CWE & Nordics short-term trading team. Your ability to connect developments in the UK market with dynamics across Continental Europe and the Nordics will help capture cross-market opportunities and strengthen Alpiq's pan-European trading capabilities.
Your profile
- Bachelor or Master's degree in engineering, Economics, IT or similar
- Minimum 2 years of experience in power trading with proven expertise in UK Day-Ahead and Intraday power markets.
- Demonstrated experience in Renewables trading and in Battery Energy Storage Systems (BESS), flexibility markets or battery optimization strategies within the UK market.
- Understanding of European Short Term Power markets.
- Knowledge of French, Belgian and Dutch power markets is a strong advantage, given their close interaction with UK interconnector flows.
- Strong analytical skills with a strategic mindset
- Open-minded, multi-tasking and used to working in a fast paced, high-pressure environment
- Strong Team-player and problem-solver
- Excellent commercial mind-set and very good communicator
- Good programming and IT skills (ideally Python).
- Experience with algorithmic and systematic trading using automated trading environments is considered a strong advantage.
- Strong interest in leveraging Artificial Intelligence (AI) and advanced analytics to enhance trading performance.
- Proficient level of English.
Disclaimer: Please note that applications submitted by agencies or third-party recruiters will not be considered unless the agency is part of our Preferred Supplier List (PSL).
Your benefits
Competitive salary package
Market-oriented salary
Training and development
Diverse opportunities for career growth
Flexible work models
Various flexible work models
Contact
Federica Maraschio
[email protected]
Inclusion is at the heart of Alpiq
At Alpiq, we are committed to creating an inclusive work environment, where everyone can bring their 'whole selves' to work and feel valued, respected, and heard. This principle is central to our company's purpose, values, and leadership approach. We strongly believe that organizations thrive through the inclusion of diversity. Everyone's energy matters regardless of characteristics, such as age, gender, nationality, language, sexual orientation and identity, religion, social or ethnic background or any other personal traits.
Data protection
At Alpiq, data privacy is an important topic. Please therefore take note of the corresponding Privacy Notice that appears in the online application form and explains in detail the purpose for which we process your personal data. It is of great concern to us to inform you as transparently as possible and process your data only in a fair manner.
Pay & benefits
Paid time off
About this role
Experience
Mid
About Alpiq
Company Overview
What They Do
Alpiq is a leading provider of energy and service offerings in Europe, formed from the merger of Atel Holding AG and EOS S.A. in 2009 (source: companieshistory.com). The company focuses on various technologies, including hydropower, nuclear energy, gas-fired and combined heat and power plants, as well as renewable energies like wind and solar power. Alpiq produces approximately 17,450 GWh of electricity annually, with generation from nuclear energy accounting for 37%, hydropower 31%, and conventional thermal energy 29% (source: wikipedia.org). Its target markets span across Europe, serving customers from industrial companies to public institutions and households, particularly in countries like France, where Alpiq has been active since 2021 (source: alpiq.com). Alpiq differentiates itself through its flexible asset base and independent trading expertise, enabling the company to remain competitive (source: energy-infrastructure-partners.com).
Projects & Track Record
Notable projects by Alpiq include the Gösgen nuclear power plant in Switzerland, in which the company holds a 40% stake and has a capacity of 1,060 MW (source: wikipedia.org). Other significant projects include the Leibstadt nuclear power plant with a 27.4% stake and the Nant de Drance pumped storage power plant, which has been operational since 2022 and contributes to system flexibility (source: energy-infrastructure-partners.com). Alpiq also operates several gas power plants in Italy, Spain, and Hungary, holding up to 100% stakes in these countries (source: wikipedia.org). Current projects include the Gondosolar initiative in the Alps, expected to generate 18 million kWh annually, as well as the development of a new wind farm in Sweden (source: alpiq.com).
Recent Developments
In the past two years, Alpiq has announced the HydroLEAP research project aimed at enhancing the flexibility and sustainability of hydropower infrastructure (source: alpiq.com). The company has also expanded its activities in household electricity and gas supply in France, which has been continuously developed since 2021 (source: alpiq.com). Although no major acquisitions or mergers have been documented after 2022, the previous delisting through the investment from Energy Infrastructure Partners has solidified Alpiq's private structure (source: energy-infrastructure-partners.com).
Working There
Alpiq offers a variety of roles in energy generation, trading, project management, and consulting, with its main office in Lausanne and numerous European subsidiaries active (source: alpiq.com). The corporate culture emphasizes values such as empathy, honesty, integrity, and creativity to foster a positive work environment (source: alpiq.com). While specific benefits are not detailed, the company pursues a sustainable and financially stable model aimed at long-term security for its employees (source: alpiq.com).
