Power Trader (Singapore)

Based in Sydney or Singapore – please apply to the opening of your preferred base location.  This opening is for Singapore.

Optiver is seeking an experienced Power Trader to lead and assist the build out of a new desk focussed on trading the Australian Power markets. This is a true greenfield site opportunity with strong financial backing and the potential to have significant impact in the firm. To excel, you will have access to world-class trading technology and be supported by top talent globally. You will have the autonomy to steer the growth of the business and work in Optiver’s renowned, highly collaborative environment.

WHAT YOU’LL DO

• Set up an Australian power trading operation in ASX listed Futures and Options
• Build trading strategies in the Australian power markets
• Build or guide the development of models and other analytics
• Work with other departments to build adequate risk management frameworks
• Collaborate with existing trading desks to leverage Optiver knowledge and infrastructure
• Help hire the right talent to expand the team: traders, analysts, researchers
• Train junior traders that join the desk

WHO YOU ARE

Essential:

• Proven experience trading Australian power e.g. Be part of a prop desk trading Australian power F&O
• Deep understanding and interest in the fundamentals of Australian and global energy markets
• Experience working with power (and gas) models
• Understanding of the competitive landscape and players of the Australian energy markets. Good relationships with gentailers, brokers and major players in the industry
• Entrepreneurial spirit and interest in building a trading business
• A track record in risk-taking and risk management with a strong understanding of quantitative pricing models
• Familiar with weather data and models
• Data analysis skills: Python, SQL, VBA or others

Desirable:

• Options trading experience highly favoured
• Japanese power experience highly regarded
• Interest in mentorship and training of junior traders
• Experience at a Gentailer is a benefit
• Experience trading OTCs and securing PPAs is a bonus

WHAT YOU’LL GET

You’ll join a culture of collaboration and excellence, where you’ll be surrounded by curious thinkers and creative problem solvers. Driven by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, working collectively to tackle some of the most complex problems in the financial markets.

In return for your expertise, you will have access to a range of Optiver perks, including:

• Competitive remuneration, including an attractive bonus structure and additional leave entitlements
• The chance to work alongside diverse, intelligent and driven peers in a rewarding environment
• Training, mentorship, and personal development opportunities
• Gym membership plus weekly in-house chair massages
• Daily breakfast and lunch
• Regular social events including an annual company trip

WHO WE ARE

Optiver is a global market maker founded in Amsterdam, with offices in London, Chicago, Austin, New York, Sydney, Shanghai, Hong Kong, Singapore, Taipei and Mumbai. Established in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market through competitive pricing, execution and risk management.

Founded in 2021, Optiver's Singapore location is our ninth global office. As a fast-growing office, we have the feel of a start-up, but the backing of a large multinational trading firm. In Asia Pacific, Optiver was one of the first global market makers to establish a presence in the region, with the incorporation Optiver's APAC head office in Sydney in 1996. Since then, we have expanded our footprint by establishing offices in Taipei (2005), Hong Kong (2007) and Shanghai (2012).

DIVERSITY AND INCLUSION

Optiver is committed to diversity and inclusion, and it is hardwired through every stage of our hiring process. We encourage applications from candidates from any and all backgrounds, and we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.

Questions? Get in touch with the recruitment team at careers@optiver.com.au.