Spot Trader
Who are we?
The future of energy is digitised, decarbonised, and localised. At SmartestEnergy Australia, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems. Formed in 2020, we're an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation and SmartestEnergy Limited UK, we also have strong investment and infrastructure behind us.
We have our corporate office in Sydney CBD and another office in Melbourne. Further expansion is planned for 2026 and beyond which means global career opportunities for you, with plenty of potential to explore new markets.
Flexibility is vital to success in our business and many of our staff work flexibly in many ways, including part-time, remotely or a mix of remote/office. Please talk to us about what flexibility means to you and don't let anything stop you from applying. When you join our Team, you will have the opportunity to contribute and make an impact every single day.
This role is based in our Sydney office with Hybrid working arrangement.
Role Purpose
The Spot Trader role sits within SmartestEnergy's global spot desk, a 24/7 trading function currently operating across Great Britain, continental European, and Australian energy markets. The role offers a fast-paced environment focused on short-term speculative and physical power trading. As part of a shift team, you'll actively manage market exposures, identify trading opportunities, and contribute directly to team profitability. This role demands strong analytical and numerical skills, a keen market instinct, and a drive to build expertise in fast-moving energy markets. While the initial focus will be on GB and European markets, the role will expand to include Australian asset management and NEM-based trading as the Australian portfolio comes online. We actively encourage applications from women and individuals from diverse backgrounds.
Key Responsibilities:
Trading and Market Operations:
Execute proprietary short-term trading activities across GB, European, and Australian electricity markets to enhance team P&L
Engage in weather window, day-ahead and intra-day trading to manage positions and optimise costs
Assist in the optimisation and dispatch of physical assets, including battery energy storage systems (BESS), to maximise value
Participate in 24/7 market global coverage through shift rotations during local day time hours
Operational and Contractual Compliance:
Ensure accurate recording of transactions in the ETRM system
Execute trades and coordinate with bilateral counterparties
Perform operational tasks including contract notifications and volume nominations
Analytical Support:
Contribute to trading strategy development and execution
Assist in building analytical tools to improve trading performance and asset dispatch
Collaboration and Teamwork:
Work collaboratively across the global spot desk and trading functions to achieve profit targets and operational excellence
Experience:
Degree in a numerical field (Mathematics, Engineering, Economics, or related) Experience in short-term energy trading, ideally in electricity spot markets
Proficiency in Python, R, or SQL beneficial
Familiarity with data analysis and visualisation tools
Australian energy market experience (NEM/AEMO) desirable but not essential
Knowledge:
Understanding of electricity spot market mechanics and short-term trading dynamics
Interest in Australian energy market structure (NEM, AEMO, FCAS, 5-minute settlement)
Awareness of BESS and the role of storage in energy market optimisation
Strong analytical and problem-solving skills; high attention to detail
What we offer:
A genuine commitment to smarter working - we recognise your work/life balance matters
Competitive base salary & yearly bonuses
Leave Benefits - Paid Parental, Service, Wellbeing & Birthday leave
Employee Assistance Program - SONDER
Employee Health and Wellbeing Platform - WHEREFIT
Personal development and coaching opportunities.
EV Salary Packaging Benefit
Diversity:
Celebrating our inclusive and diverse culture is core to what we do. We value everybody irrespective of background, disability, religion, gender identity, sexuality, or ethnicity.
We know that for our business to thrive we need diverse talent with a range of backgrounds, skills, and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow.
Employment Type: FULL_TIME