POWER TRADER

POWER DESK

BUCHAREST

ENGIE Romania

ENGIE Supply & Energy Management (SEM) is responsible for managing the portfolio of gas, electricity, congestion revenues rights and environmental products for ENGIE, across geographies. We are reshaping the energy future by reconciling economic performance with a positive impact on people and the planet, and we are looking for people who are committed to help turn our vision into reality. Our 4 areas of expertise: Asset management, Energy transition services, Energy supply & global commodities, Risk management & market access. ENGIE is active in Romania in three areas: gas, electricity and energy services. The main subsidiary of the Group, ENGIE Romania, supplies natural gas and electricity, distributes natural gas, offers energy related services to all market segments and also produces electricity. ENGIE Romania serves more than 1.9 million customers, operates 21,000 km of networks, owns and operates renewable assets with a installed capacity of 250 MW and employs around 4,000 people.

What you will do:

As a Power Trader on our CSEE desk, you will develop and execute trading strategies across Central, South-East, and relevant Western European power markets, manage proprietary positions, and support hedging strategies. We value strong team collaboration while encouraging individuals to express their views and take initiative based on their own informed convictions. The role requires a disciplined, results-driven approach and the ability to thrive in a direct, fact-based communication environment.

• You will develop and execute trading strategies aimed at generating profit and achieving financial targets, with a primary focus on Central and South-East European markets and a secondary focus on relevant West European markets.
• You will execute trading activities within approved VaR, volumetric limits, and other risk parameters, ensuring full adherence to risk mandate, compliance standards, and the applicable regulatory framework.
• You will provide market insights and strategic recommendations through analysis and active participation in team discussions on market fundamentals.
• You will provide support to trading team members in the execution of individual and joint strategies.
• You will work closely with trading team members and cross-functional colleagues to identify market opportunities and contribute to the development of new market models and trading strategies.
• You will facilitate the execution of hedging orders for the supply and asset portfolios across relevant markets.
• You will ensure the ETRM system is operated in accordance with required standards to maintain accurate trade and position representation.
• You will develop and maintain relationships with counterparties, brokers, and other market participants to facilitate trade execution and ensure relevant information flow.

Desired education, expertise, and skills:

• Bachelor’s degree or higher in Economics, Finance, Engineering, or a related field;
• Minimum 3 years of experience in the energy sector;
• Fluency in English; Hungarian, or Bulgarian is considered a plus;
• Strong proficiency in Microsoft Office tools;
• Ability to conduct independent market research and analysis;
• Ability to develop proprietary trading strategies and deliver positive P&L results;
• Strong risk-management discipline.
• High accountability and attention to detail;
• Ability to engage in direct, fact-based communication and feedback;
• Winning mentality with a drive to deliver strong performance;
• Ability to integrate within the team, share knowledge, and foster a positive, collaborative environment;
• Minimum 1 year experience trading CSEE power markets, exposure to German and/or Italian power markets (represents advantage);
• Represents advantage experience with Python for data analysis, including developing and backtesting models;
• Familiarity with machine learning algorithms is a plus.

Benefits:

• Private health insurance for you and your family.
• Opportunities for ongoing personal and professional development.
• Meal tickets.
• Annual extended holiday entitlement, depending on length of employment.

Only candidates selected for interviews will be contacted. .

If you decide to send us your personal information in order to apply for this position, please be aware of our job candidate GDPR Data Privacy Notice: https://www.engie.ro/corporate/wp-content/uploads/2018/09/ER_Nota-de-informare-Candidati.pdf

Why We Care:

At ENGIE, we believe that every talent has a role to play in accelerating the energy transition. We make a difference and provide a fulfilling professional experience. Accept interesting challenges and build a career that reflects who you are. Join us and be part of this century's adventure!

ENGIE is an equal opportunity employer and is committed to creating a diverse and inclusive work environment. We encourage applications from all qualified candidates, regardless of origin, age, gender, sexual orientation, gender identity, religion, disability, or any other protected status under the law.