Energy Trader

Job Summary and Purpose

Trading, monitoring, scheduling and pursuing power transactions on an hourly basis; requires preparation of short and long-term supply-demand forecasts, based on load requirements of clients, market intelligence on generation availability, combined with anticipated weather conditions, to support trading decisions. In addition, responsibilities include assisting the management in identifying, evaluating, and managing the risk to the company, its employees, clients, reputation, assets, and interests of stakeholders. It requires assisting in the implementation of the processes and procedures to ensure that company is fully prepared to deal with any potential threats. It also involves analysis of documents, statistics, reports, and market trends pertinent to the energy sector.

• Duties and Responsibilities

Prepare Monthly, Weekly and Daily nominations to WESM;

• Prepare Monthly and Weekly Market Reports regarding results of trading operations;

Monitor, document and analyze market movements (supply offers, prices, demand/load, among others);

• Communicate market information and dynamics to the Management, and prepare analysis and recommendations for the Management to decide upon;

Monitor macroeconomic indicators such as GDP, international currency exchange rate, fuel price (oil, gas, coal), CPI, etc.

• Using market information and analysis, assist in preparing marketing and pricing strategies;

Assist in calculating retail contract prices for bidding out to contestable customers.

• Assist in building and maintaining good relationships with Mabuhay Energy's clients, suppliers and partners.

Provide leveled analysis in pricing and provide scenarios for tariffs to be released to RES customers of Mabuhay Energy Corporation

• Assist in the conceptualization and implementation of WESM price forecast and in

formulating the forward curve for the electricity market;

• Assist in system development, design, and operations to be used in day-to-day analysis

• Qualifications:

Bachelor's Degree holder of Economics, Statistics or Business related courses

• Good mathematical background

Good analytical and problem-solving skills, high attention to detail with the ability to maintain quality even in busy times.

• Excellent communication skills

Strong time management skills with the ability to prioritize tasks under pressure.

• Ability to thrive in a fast-paced and dynamic trading environment.

Effective risk management capabilities and disciplined trading approach.

• 1-2 years relevant work experience

Fresh grads are welcome to apply

Job Type: Full-time

Pay: Php25,

• 00 - Php30,000.00 per month
  
  Benefits:
• Additional leave

Company events

• Health insurance

Paid training

• Promotion to permanent employee

Schedule:

• 8 hour shift

Supplemental pay types:

• 13th month salary

Ability to commute/relocate:
Taguig City: Reliably commute or planning to relocate before starting work (Required)