Candidate Profile

Qualifications/Experience :

• Undergraduate degree in economics, finance, engineering, business administration or equivalent experience
• 3+ years of power markets and short-term trading experiences required
• In-depth understanding of the energy industry, power market structure, and risk management
• Passion for the markets which has resulted in successful trading track record
• Excellent analytical skills (Quantitative approach, data science, modelling)
• Ability to work in a team environment; ability to communicate effectively across teams, and handle IT related projects
• Well-organized and capacity to work under pressure
• Strong desire to be part of a fast-paced, entrepreneurial environment

Activities

The job holder is part of a team that is based in Paris, interacting with multiple teams spread across several European locations for trading execution. The team will act in an uncertain energy commodity trading context with extreme market volatility due to a variety of factors including worldwide economics, energy resource development, political and legislative changes, climate change, and energy demand. Competitive environment for new business and growth opportunities. High stress working environment involving time critical activities.

The activity is executed on a 7/7 basis, while requiring a strong cooperation with 24/7 Dispatching team for potential overnights trading opportunities.

The trader is responsible for European Intra-day Trading execution on European short-term markets (dedicated P&L). The EU Intra-day trading team is also the referent team for Auto&Algo Trading design for the whole ST Trading Europe teams.

Job dimension :

• Execute intraday proprietary trading strategies under risk policy framework and compliance rules
• Develop and deliver robots for Intra-day Algo&Auto trading for both asset-based trading and proprietary trading
• Interact with numerous internal teams across multiple locations, with Local Control centers (including FR/BE/ES), and Short-term Optimization team
• Strategic role for TotalEnergies Gas and Power to become a leading player in European short-term power markets

Key Tasks:

• Execute quantitative analysis supporting trading strategies
• Develop analytical tools enabling market opportunities identification, decision-making and arbitrages
• Develop proprietary intraday trading strategies respecting risk mandate and submitted to Management
• Execute proprietary intraday trading strategies on Short-term European Power Markets, under risk policy and compliance rules
• Design, build and back-test Intra-day Algo&Auto Trading for both asset-based trading and proprietary trading
• Support Local Control Center to deploy Algo&Auto Trading for asset-based trading
• Monitor and analyse Intraday robots performance and P&L resulting from Algo&Auto trading activities
• Analyse evolutions in the various European markets in partnership with others Short-term Power teams

Context & Environment

Following its objective of carbon neutrality by 2050, TotalEnergies is strongly increasing its worldwide position in the whole power value chain, and especially in fast growing sector of renewables and flexible generation assets. To maximize the full value of such Power assets on spot markets, TotalEnergies Gas & Power aims to be present at each step of the value chain: from trading on the curve up to Day Ahead optimization, Intraday and ancillary services. This optimization of Short Power positions is based on a European framework with aggregation of generation (CCGT, Wind, Solar), flexibilities (DSR, Batteries), and power supply portfolio in order to maximize value creation for TotalEnergies company.

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TotalEnergies est une compagnie multi-énergies mondiale de production et de fourniture d'énergies : pétrole et biocarburants, gaz naturel et gaz verts, renouvelables et électricité. Ses 105 000 collaborateurs s'engagent pour une énergie toujours plus abordable, propre, fiable et accessible au plus grand nombre. Présent dans plus de 130 pays, TotalEnergies inscrit le développement durable dans toutes ses dimensions au cœur de ses projets et opérations pour contribuer au bien-être des populations.