Power trader trainee

Are you a recent graduate or about to graduate the coming summer? And would you like to kickstart your career in a global energy trading company? Then you might be our new colleague for our Intraday Power Trading team! Here, you will gain valuable insights into tradable commodity markets and put your skills to the test on a high-paced trading floor.

Intraday Power Trading at Danske Commodities (DC)As our new trader, you will join DC’s Intraday Power Trading team which trades power 24/7. As of now, power cannot be stored in large quantities, meaning the market is highly volatile – which also means that we operate with a very short lead time. Besides trading, we continuously analyse the market and look for new opportunities which, potentially, can be fed into the advanced algorithm setup we use when trading.

The team is characterised by trust, openness and transparency. We always support each other – and we rely on each other to be able to run a 24/7 trading setup. We are a team of highly motivated people who always aim for great results, and who always look for ways to become better at what we do.

Your journey towards becoming an energy traderWe will take good care of you as you learn the ropes, develop your coding skills and make your way on the trading floor. During your first three months, you will be properly introduced to the team and how the short-term power market works. It won’t be long before you get behind the trading screens, as we believe this is the best and most efficient way to learn. Starting out, you will be assisted by a mentor and after a short period, you will be participating in the 24/7 shift scheme independently. In time, you will work on developing new trading strategies by using your understanding of coding. You will also be given responsibility for your own specific trading area and become a mentor for new traders.

The position is a fulltime position, however, if you are still enrolled in your studies, we will of course offer flexibility in regard to working hours.

In an ever-changing intraday market driven by volatile supply and demand in Europe, you will most likely never experience a dull day.

Mads Le Fevre
Manager, Head of Intraday Proprietary Trading

We offer

  • professional and skilled colleagues, who set the bar high
  • great opportunities for individual development
  • attractive benefit scheme, including Spotify subscription, tickets to Aarhus staples like Tivoli Friheden and AGF matches, and organic food throughout the day (breakfast, lunch and dinner)
  • numerous social and professional events, incl. sporting events, parties and a great DC student network
  • an office in the heart of Aarhus, next to the central train station

Responsibilities

  • optimise DC’s portfolio, including wind, solar and consumption
  • trade power across Europe and help handle Intraday Power Trading’s portfolio in active grids
  • conduct, evaluate and act on market analyses
  • develop trading strategies and tools based on a quantitative setup in collaboration with other teams
  • participate in the team’s 24/7 trading shift scheme

Qualifications

we expect that you:

  • are about to graduate from an education within Finance, Economics, Mathematics or similar
  • are interested in trading and bring motivation to the floor
  • know the basics of coding in SQL, R, Python or similar
  • are proficient in English – both written and verbal

Personal skills

we expect that you:

  • thrive in a dynamic environment with fast decision-making – the team trades on a very short-term notice, which means that you must be able to keep a cool head
  • are able to analyse, act fast and reflect. In the job, you will conduct many analyses to be acted on, but most importantly, you should be able to reflect on the decisions made – only then will we become better tomorrow than we were today
  • are a collaborative person who brings great motivation to the team
  • are curious and innovative and appreciate a great amount of responsibility

Read more and apply here