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.
Market Analysis: Monitoring market trends, identifying opportunities, and assessing risks.
Risk Management: Identifying, analyzing, and mitigating risks associated with power trading, including market volatility and regulatory changes.
Business Development:
Chance 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 prospects 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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