Job Information
Shell Continental Power Structured Trader in London, United Kingdom
Where you fit in
You will play a key role in the UK/Continental Power Trading Desk, as part of a team focusing on trading and managing positions with a flexible, spread or option element across the European markets.
The UK/Continental Power Trading team itself, part of Shell Energy Europe & Africa’s (SE-EA) European Power Trading team, is responsible for proprietary trading, and the management of a growing portfolio comprising customer demand, renewable, batteries and thermal generation. The team manages exposures down the curve through to delivery.
SE-EA trades natural gas, power, green power certificates, voluntary/compliance driven environmental products with counterparties including major resource holders of gas, upstream producers, investment banks, trading houses, utilities, power generators, large as well as up-and coming retail gas and power marketing companies, regional and local gas and power distribution companies, gas storage operators, and large industrial and commercial gas and power users.
What’s the role?
Your main accountabilities include the following:
Support with the management of exposures (including all greeks) arising from existing flex, interconnector and option structures on the desk.
Trading liquid option markets and making markets in illiquid option markets (where applicable).
Support with bidding for, and the ongoing optimization of a broad book of cross border capacities
Working with external (and internal) customers alongside business development to bring in new structures with embedded optionality to the book, or deal types to help monetize existing exposures.
Driving the development of the desk’s tools and resources to value, price, manage and monetize new and existing option structures.
Observe and strictly comply with all regulatory guidelines, and within mandated authorities.
Coach & educate junior colleagues.
What we need from you
We are looking for experienced trading professionals. You are likely to be a strong contender if you have hands on experience in the following:
European power option trading/pricing experience.
Experience of Asset Backed trading (not a pre-requisite).
Experience working with origination on deals with embedded optionality.
If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.
Company Description
Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.
An innovative place to work
There’s never been a more exciting time to work at Shell.
Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.
An inclusive place to work
To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.
We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.