A Manager of Power Trading is responsible for managing the buying and selling of electricity, optimizing risk, and maximizing profit within a power trading operation. They may also be involved in business development, market analysis, and compliance with industry regulations, according to sources like iimjobs.com and TotalEnergies.com.
Key Responsibilities
- Trading:
- Structured Power Trading: Developing and executing complex power transactions, including pricing, hedging, and risk management.
- Portfolio Management: Building and managing a profitable and risk-balanced portfolio of power products.
- Risk Management: Identifying, analyzing, and mitigating risks associated with power trading, including market volatility and regulatory changes.
- Business Development:
- Opportunity Identification: Identifying and pursuing business opportunities for power supply, such as open access power deals.
- Client Engagement: Building and maintaining relationships with clients, including utilities, government organizations, and other power trading partners.
- Tender Preparation: Participating in and preparing bid documents for tenders of Open Access power supply.
- Compliance and Governance:
- Regulatory Compliance: Ensuring compliance with industry regulations and standards.
- Reporting and Analysis: Developing and implementing risk and P&L; reporting, and providing market intelligence.
- Process Improvement: Improving efficiency of trading systems and processes.
- Team Management:
- Leadership: Leading and mentoring a team of power traders and analysts.
- Communication: Communicating effectively with stakeholders, including internal teams and external clients.
- Strategy: Contributing to the development and implementation of trading strategies and business plans.
Examples of Specific Tasks
- Developing and implementing hedging strategies to protect against price fluctuations.
- Pricing and quoting commercial opportunities brought by the origination teams.
- Collaborating with research and market analysis teams to assess market risks.
- Interacting with other trading desks and support function teams.
- Providing input into the development of current products and services.
- Managing and improving relationships with key market players.
- Participating in discussions to develop pricing models for linear and non-linear structures.
📌 Open Access (Power Trading ) - Raipur
🏢 Vinayak Outsourcing Works
📍 Raipur
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