Short Term Power Trader

*Please note that the work location for this position is in Tokyo, Japan and the work arrangement is 100% on-site.

Key responsibilities:

1. Short Term Power Trading

• Trading and hedging short term physical power in Japan and being accountable for the short term book P&L performance. Trading horizon covers short-term, JEPX spot auction and intraday market

• Maximise the value from solar balancing, VPPA, BESS and other portfolio

• Proactively evaluate new momentum in the market and actively catch trading opportunities

• Able to reconcile PnL reports should disagreement occurs

2. Responsible for the trading lifecycle

• Responsible for managing the Short Term trading lifecycle in Japan power physical trading business, including trade life cycle, nomination, gird code

• Ensure the appropriate market coverage (trading, scheduling) including staffing that satisfies the various stage of the business as it grows

3. Active contribution to the new business development

• Work closely with Head of Japan power, other traders and originators to form long lasting business strategies for the desk

• Initiate new ideas for large scale structural deals. Innovate new profitable revenue streams. Elevate relationship alongside sales person

• Actively participate in the structuring of new business opportunities and advise the originator on the economics /feasibility

• Responsible for ensuring that the new business structures (PPA, Balancing Services, BESS, others) are smoothly and profitably implemented

• Add ideas to client presentations and reports upon request

• Troubleshoot issues which may occur in physical power trading and delivery phases

• Liaise with various internal teams such as KYC, Legal, Tax, IT, Middle Office and Back Office on various trade life cycle matters

• Lead and accelerate the market analysis relating to the short term trading scope

Requirements:

a. Technical Skills & Experience

• Minimum 5 years’ experience in Japan power trading or power scheduling (需給管理)

• Experience bidding into EPRX Ancillary Service Market (需給調整市場)

• In-depth knowledge in physical life cycle Japan power

• In-depth understanding in various drivers of Japan power market, as well as global energy

markets (oil, gas, macro, carbon, regulations etc.)

• Experience building or maintaining analytical tools models, or dashboards

• Experience using analytical/ programming tools such as Python

• MS Office computer skills, VBA/database development

• Native level Japanese (reading, writing, speaking), or JLPT N1

• Advanced English language skills (TOEIC 750 minimum)

• Batchelor’s degree or higher in science, engineering, economics, business or relevant fields

b. Leadership & Behavioural Skills

• Highly numerical and analytical thinker, learner, curious and keen to push for creative ideas,

• Attention to detail and problem solver

• Able to work with time pressure with strict deadlines

• Ability to multi-task and work under minimal supervision

• Personal effectiveness: rigorous, accountable, and Methodic thinking. Able to make decision collectively when needed, or independently when there is environmental constraints.

• Entrepreneurship to build business, thinking outside of the box

• Excellent communication skills

• Able to work as a good team player

• Strong work ethic, ability to work independently and responsibly without detailed supervision