(Junior) Trader

(Junior) Trader

PZEM N.V. generates electricity, trades energy on the wholesale markets, provides balancing services in power and gas markets, and provides customer solutions to producers and business end users. Our seat is located in Middelburg, the capital of the province of Zeeland in the Netherlands.

Our portfolio is composed of nuclear, gas-fired, renewable generation capacity and PPAs with producers of different sources of renewable energy. With access to fast-cycle gas storage capacity PZEM provides short-term flexibility solutions to gas portfolios. Furthermore we supply energy and energy related products and services to large and medium size customers. As a responsible producer, trader, and supplier of electricity, PZEM contributes to the transition to a sustainable economy. The share of renewable production in our portfolio increased to 40%. With our highly efficient CCGT power plant, we play a crucial role in providing the necessary flexibility to manage volatile production from renewable energy sources.

Department

Asset Optimisation & Trading is responsible for the P&L of PZEM’s assets within the trade horizon. The department consists of three teams: Asset Optimisation, Trading and Shift Trading. Asset Optimisation is responsible for the Optimisation of PZEM Energy’s asset portfolio, including long-term PPAs, over the lifetime of the underlying contracts. Trading is responsible for hedging PZEM Energy’s long-term, mid-term and day-ahead physical and financial energy exposures and generating extra income by taking positions. Shift Trading is responsible for optimizing PZEM’s power and gas portfolios in the intraday and imbalance markets. The team is active 24/7. Within the team of Trading currently we have a vacancy for a (Junior) Trader

Through quantitative models, analysis, and position reports you know when to hedge our assets and will generate extra income for our trade book.

The desk will trade in natural gas, power, and carbon, and you will be focusing on the short term natural gas (NWE). You base your decisions on the most recent market developments and analysis and identify opportunities and risks in close cooperation with our analysts and fellow traders. By combining your quantitative background with your commercial insights, you manage to capture the maximum result.

Qualifications

Academic background (MSc) in a financial or quantitative discipline (e.g. Econometrics, Investment Analysis, Mathematics). Experience in trading or energy markets in general is a pre.

Knowledge, experience and skills in the specialist field

  • Sound knowledge of the Northwest European natural gas markets
  • Has a view on the market and translates this into trade positions. Able to make decisions under pressure in a split second, and takes on risk without crossing the limits.
  • Works determined towards reaching the target, and is resilient after setbacks.
  • Knowledge of applicable regulation REMIT/MIFID/MAR.
  • Fluent proficiency in English

Place of work

Middelburg, the Netherlands.

Employee benefits

We offer excellent employee benefits, including discount on health insurance, attractive discounts for staff facilities, a Benefit Budget that lets you decide on the allocation of your benefits yourself, and a competitive salary.  

More information

For more information about this position, please send an email to vacatures@pzem.nl with your questions and phone number and we will contact you as soon as possible.  

Applications

Please send your application (in English) along with your CV to vacatures@pzem.nl. An assessment can be part of the selection procedure.

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