Feb 14, 2020

Senior Power Option Trader

  • Shell Oil Company
  • London, UK
Full Time Permanent

Job Description

We're looking for an experienced trading professional who will be part of the Continental Power Team, focusing on our option activities. An exciting opportunity for you to work in an open and fast-paced trading environment.

What's the role?

As a Senior Power Options Trader, you will be analysing fundamental and technical market conditions and devise and implement profitable option trading strategies, owning and managing exposures along the curve. Along side with that, you will also be supporting the Business Development Team and the rest of power trading team in pricing of option structures linked to originated business opportunities.

You also have the responsibility to execute power option and power flat price trades within mandated authorities. Plus, you will manage trading exposure and must understand and communicate risks being taken. You will coach and educate colleagues including sharing information and intelligence across the trading network.

More specific responsibilities include:
  • Work with Business Development to develop and grow the portfolio, assessing new business models and executing them
  • Manage option flow activities around new and existing business models, identifying new opportunities to increase our value capture
  • Understand the various compliance and certificate regimes in the Germany and the trading opportunities around them
  • Interface with customers, both internally and externally
  • Make time for innovation and discussion of growth opportunities, apportioning time appropriately between real time trading and business development


We're keen to speak from individuals with proven track record in trading and with power and gas option trading experience focusing on the North West Europe. You'll also bring us your general knowledge of the European Power Market and familiarity with the intricacies of option pricing: vanilla options, fuel spread options (clean spark and clean dark spreads), swings.

As many of the following as possible:
  • Market Analysis/Planning
  • Commodity Price Risk Management
  • Derivatives Trading/marketing - esp. if it means customer contact or selling creative pricing propositions

You are also a team player: someone who can lead by example with error free work and can observe and strictly comply with all regulatory guidelines.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then we have grown into a leading innovative oil and gas company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit and innovation will thrive. Shell has a key role to play in helping meet the UK's growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation, and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There's never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you'll add your talent and imagination to a business with the power to shape the future - whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we're nurturing an inclusive environment - one where you can express your ideas, extend your skills and reach your potential.

  • We're creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and we'll take it from there.
  • We're closing the gender gap - whether that's through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We're striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We're huge advocates for career development. We'll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.


Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.

Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.

The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.

Shell is an Equal Opportunity Employer.