Power Portfolio Trader/Quant

SEFE Storage GmbH; City of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading energy company in the UK is seeking a Power Portfolio Trader to support pricing and risk management for retail power supply. You will manage market risks and develop power forward curves, focusing on innovation and collaboration. Candidates should have a strong understanding of power trading dynamics, proficiency in Python or Excel, and strong stakeholder management skills. The role offers a competitive salary and benefits including a non-contributory pension and flexible working arrangements.

Benefits

bonus earning potential

non-contributory pension with 10% employer contribution

25 days holiday plus bank holidays

life assurance

medical and dental insurance (family cover)

Qualifications

• Strong understanding of power trading market dynamics.
• Highly proficient in Python or Excel for data analysis.
• Experience with quantitative risk tools and metrics.
• Demonstrated expertise in Retail Portfolio Hedging.
• Proven ability to collaborate with IT and Digital teams.

Responsibilities

• Develop and maintain a live power curve for the German retail market.
• Manage price and volume risks associated with executed sales.
• Support the setup of intercompany systems for managing retail power market risks.
• Assist in designing scalable processes and systems for portfolio expansion.

Skills

Power trading market dynamics

Python

Excel

Quantitative risk tools

Retail portfolio hedging

Stakeholder management

Job description

We are seeking a highly analytical and proactive Power Portfolio Trader to support the Power Portfolio Manager in pricing, risk management, and portfolio optimisation for our Retail Power Supply businesses.

You will play a pivotal role in building live power forward curves, managing market risks, and integrating retail positions into our wider European energy portfolio. This role sits at the intersection of data, trading, and risk management, with a strong focus on innovation, collaboration, and process optimisation across internal and external stakeholders.

The German and French power portfolios are new and highly strategic for the SEFE group so the role provides an opportunity to guide the development of these power businesses from inception, working with key stakeholders and gaining a significant profile within the group.

WHAT WILL YOU DO

You will initially help to develop and maintain a live power curve for the German retail market, through in-team modelling or collaboration with IT, Digital, and Quant Development teams and work closely with Retail Pricing teams to define and refine risk pricing levels for new and existing retail products. You will also:

• Manage price and volume risks associated with executed sales through internal and external trades (manual or algorithmic) to optimise portfolio performance.
• Support the setup of intercompany systems and processes to manage retail power market risks, from sales forecasting through to trading and balancing.
• Assist in designing scalable processes and systems to support the expansion of SEFE’s retail power portfolio across Europe.
• Whilst the role will focus initially on the German market scale up, there is a plan in place to transition the risk management for the existing NL and UK portfolios which you will help to develop and support.

WHAT WILL YOU BRING

A strong understanding of power trading market dynamics, particularly in the German and wider European markets with a proven experience in building and maintaining forward curves for illiquid tenors and products.

• Highly proficient in Python or Excel for data analysis, exposure measurement, and modelling.
• Experience with quantitative risk tools and metrics, including Gross Margin at Risk (GMAR) and Retail Shape Exposure.
• Demonstrated expertise in Retail Portfolio Hedging and managing the risks around power supply eg shaping, fixed price options.
• Familiarity with risk premia, complex exposure management, and price-setting processes.
• Proven ability to collaborate with IT and Digital teams to design and implement systems for measuring and managing retail exposures.
• Strong communication and stakeholder management skills, with the ability to translate complex risk concepts into actionable insights.

ABOUT US

Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.

SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport, and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.

Our international teams work across locations in Europe, Asia, and North America. We’re passionate about energy and the important role it can play in shaping a better future.

Securing energy – now and for the future.

OUR BENEFITS

In return we offer a competitive starting salary supported by a comprehensive range of financial, lifestyle and wellness benefits with the flexibility to follow a hybrid working model.

• bonus earning potential
• non-contributory pension with 10% employer contribution
• 25 days holiday plus bank holidays and volunteering days
• buy / sell holidays
• life assurance
• medical and dental insurance (family cover)
• range of optional flexible benefits

We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.

Join SEFE and help us secure energy supply across Europe and shape a better, more sustainable tomorrow.

Business Function: Trading / Front office