Trading Manager

Crown Commercial Service • Liverpool, TX

1d • Hybrid

About The Position

Would you like to use your energy trading knowledge for public good and become part of the expert team within Crown Commercial Service (CCS) managing one of the biggest portfolios outside the industry itself? Come and help us manage our multi billion-pound commodity exposure for the central government and wider public sector. You and your team of traders will be hedging ~£1.5bn/annum power and gas commodity exposure for our Central Government and Wider Public Sector customers. Keeping energy costs down for our customers frees up money to be used to deliver vital services to the public. You will be part of a team who is helping our customers transition to net zero and help achieve the UK’s climate ambitions. Commercial is the largest directorate in CCS and is responsible for the design, development, implementation and management of our commercial agreements, which are used by our customers across the public sector. We have delivered value to the public sector and helped our customers spend more than £34 billion through the agreements we create and enjoy more than £3.5 billion in commercial benefits annually through our agreements. Category management sits at the heart of CCS. We use our in-depth knowledge and expertise of public sector suppliers, to create market and category strategies. These strategies are used within CCS to create market leading commercial agreements that help shape how common goods and services are bought across the public sector. Our skills are also used in carrying out commercial policy, development of new products and services and supplier relationship management. The 8-person Trading team sits within the wider Energy team. Trading manages market exposure in line with agreed strategies. Trading is conducted for both aggregated portfolios and for individual organisations with considerable volume and bespoke needs. Trading also performs back-office functions to support trading activities.

Requirements

• Energy trading experience
• Demonstrable understanding of the workings of European gas, power, carbon commodity markets and experience of modelling commodity markets/drivers.
• Proven understanding of energy policy and wholesale markets
• Proven ability to lead, motivate and develop individuals or teams

Nice To Haves

• Experience of successfully transferring specialist knowledge to team members and customer groups
• In the event of a high number of applications, the desirable criteria will be used as a second sift.

Responsibilities

• Lead and coach team members, manage performance to ensure a high-performing team, and support staff development through regular feedback
• Contribute to the ongoing development of the energy category and category strategies as a proactive leader within the energy senior management team
• Provide expert challenge and advice to Senior Traders and Risk team in management of CCS portfolio ensuring hedging in accordance with relevant risk strategies and controls
• Oversee and be responsible for the team’s delivery of all back office processes and report writing
• Lead on new product development for Trading products including integration of Power Purchase Agreements to hedging approach
• Be the go to expert for UK power and gas markets and related market drivers
• Be the go to expert on energy industry policy impacting CCS Trading and inputting on related energy industry policy engagement
• Contribute to the wider team understanding of market fundamentals and technical analysis and execute forward hedging strategies
• Lead on annual performance report reviewing team performance
• Lead on internal and external engagement with customers and suppliers including governance boards, customer and supplier events

Benefits

• Competitive salary
• Generous pension scheme
• A discretionary non-contractual performance related bonus
• Working remotely in addition to working in advertised office location
• Flexi time scheme (available for B1-B6)
• Minimum 25 days annual leave to a maximum service related 30 days excluding bank holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees