Senior Trader

Insight into GCA - Webinar

Watch our Webinar on the above link and gain valuable insight into GCA and our recruitment processes.

Would you like to use your energy trading and wider energy industry knowledge for public good?

Then become part of the expert team within the Government Commercial Agency (GCA) managing over £1bn p.a. commodity exposure and providing energy industry expertise for the central government and wider public sector.

Job Summary

You will work as one of 4 senior traders reporting to the Trading Manager. The team works collaboratively to hedge energy demand for aggregated portfolios and individual public sector organisations, delivering value for money within risk parameters. The team oversees the full operational lifecycle of trading products, including hedging, forecasting, validations, analysis and reporting.

As subject matter expert, you will also provide strategic technical guidance to the wider energy team, playing a pivotal role in evolving areas such as corporate Power Purchase Agreements and direct wire offerings, to meet the shifting needs of our public sector customers.

Key Accountabilities:

• Proactively execute electricity and gas hedging to deliver value to public sector customers, whilst adhering to relevant risk strategies
• Provide expert level understanding of UK power and gas markets, their underlying fundamental drivers, policy frameworks
• Undertake or oversee all back office and forecasting tasks needed to support all aspects of customer price-setting activities
• Draft accurate, informative and reports to a wide range of stakeholders
• Support, and represent if required, at strategic meetings with key stakeholders
• Provide expertise to the wider energy team on key GCA development areas, such as direct wire, corporate PPAs, flexibility

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements (opens in a new window)

This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Experience and Technical skills.

Lead Success Profile - Understanding of UK energy trading & policy landscape

A reserve list may be held for up to 12 months, which the Civil Service may use to fill future suitably similar vacancies across government for candidates who are considered appointable following interview. Should you be placed on a reserve list and want to be removed please contact recruitment@gca.gov.uk.

Please note that as part of this recruitment process, if you are unsuccessful at the interview stage but are close to the benchmark score you may be considered for and offered a role at a lower pay band within the same job family.

Feedback will only be provided if you attend an interview or assessment.