Octopus Energy

Intraday Power Trader

Posted: 1 days ago

Job Description

At Octopus Energy Trading, we’re on a mission to reshape the future of energy. We’re creating an innovative approach to trading that will accelerate the transition to a Net Zero world. With the growth of renewables and a push toward decarbonising heating and transport, greater flexibility in the grid is essential. We are building cutting-edge technology to optimise everything from domestic EV charging to grid-scale batteries, to meet the global demand for energy flexibility.We're doing unconventional things, and to be successful, we need a team of unconventional traders. This is a brand new venture within Octopus Energy Group, and we have a blank canvas to create a diverse and talented team of market experts that will really push to find new ways of improving market efficiency and decarbonising the grid.As innovators at the forefront of the energy transition, our trading team is addressing the unique challenges and volatility of a renewables-based power sector. This is an exciting opportunity to join a high-impact venture where you’ll play a key role in driving Octopus’ growth within the dynamic energy market.What you'll do Take responsibility for intraday power trading in the German market (continuous trading & auctions)Develop, implement, and optimize algorithmic trading strategiesCombine manual and automated trading depending on market conditionsMonitor and steer schedules as well as manage the balancing groupAnalyze market data (order book, forecasts, trade data) to derive trading decisionsEnsure compliance with regulatory requirements (e.g. REMIT, MiFID II) in daily operationsOccasionally work in a shift schedule, including weekend and public holiday duties (rotating team)What you'll need Several years of proven experience in intraday power tradingDeep understanding of the German power market, especially EPEX Spot and balancing group processesStrong programming skills in Python (e.g. Pandas, NumPy, backtesting, API integration)Experience handling large time series datasets and databases (SQL, REST APIs)Knowledge of schedule and balancing group managementStrong analytical skills, background in quantitative modelling is helpfulResilience, quick decision-making ability, and high self-motivationWillingness to work occasionally in shifts as well as on weekends and public holidaysExcellent German and English skills, both spoken and writtenNice to have: Experience with cloud environments, containerization (Docker), CI/CD, or machine learningIf this sounds like you then we'd love to hear from you.Are you ready for a career with us? We want to ensure you have all the tools and environment you need to unleash your potential. Need any specific accommodations? Whether you require specific accommodations or have a unique preference, let us know, and we'll do what we can to customise your interview process for comfort and maximum magic!Studies have shown that some groups of people, like women, are less likely to apply to a role unless they meet 100% of the job requirements. Whoever you are, if you like one of our jobs, we encourage you to apply as you might just be the candidate we hire. Across Octopus, we're looking for genuinely decent people who are honest and empathetic. Our people are our strongest asset and the unique skills and perspectives people bring to the team are the driving force of our success. As an equal opportunity employer, we do not discriminate on the basis of any protected attribute. Our commitment is to provide equal opportunities, an inclusive work environment, and fairness for everyone.We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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