Here at Ruby Energy, we continue our exciting growth into the new year with a brand-new vacancy for an Energy Trading Analyst, based at our offices in Fleetwood.
Reporting to the Chief Financial Officer, The Energy Trading Analyst is responsible for managing energy trading activities and providing in-depth market analysis to optimise the organisation's trading strategies.
This role involves analysing market trends, executing trades, managing risk, and ensuring compliance with regulatory requirements. It collaborates with internal and external stakeholders to achieve financial goals while supporting the company’s energy procurement and sales objectives.
Who are we?
At Ruby Energy, we are more than just energy suppliers; we are champions of your progress, specifically tailored to empower SMEs. Our foundation is built on providing bespoke energy solutions that blend innovation with adaptability, ensuring that your business’s unique energy needs are met with precision.
Our Journey
Launched in 2002, we’re experts in commercial utilities and we know what it takes to deliver high levels of customer service. With our Head Office in Fleetwood, Lancashire, and offices in Manchester, we are positioned to serve businesses across the UK with dedication and excellence.
The Ruby Way
Ruby’s values are at the heart of everything we do:
Collaborative: We ensure your voice is heard. We listen to our customers and strive to deliver strong, responsive customer service.
Human: We give a personal touch and support to our customers and each other, treating everyone with respect and understanding
Committed: We use innovative solutions to improve our services and always stick to our word.
We pride ourselves on delivering consistently high levels of customer service and innovative products to organisations across all industries. Our vision is to become the best independent commercial energy supplier in the country. We aim to provide contracts that are straightforward, competitive, and most importantly, tailored to your business needs.
Investing in the Ruby Community
We are committed to fairness, transparency, honesty, and professionalism. By heavily investing in our people, processes, and systems, we continuously improve our customer engagement and service offerings.
Main Responsibilities (but not limited to):
- Execute trades in energy markets (e.g., electricity, gas, oil, or renewables) to optimize profits and manage risk
- Develop and implement trading strategies based on market conditions, regulatory changes, and organisational objectives
- Monitor real-time market conditions to capitalize on trading opportunities
- Conduct comprehensive market research and analysis to identify trends, opportunities, and risks in energy markets
- Analyse supply and demand dynamics, pricing trends, and economic factors affecting energy markets
- Provide actionable insights and forecasts to inform trading strategies and business decisions
- Identify and mitigate risks associated with energy trading activities, including price volatility and regulatory changes
- Develop and maintain risk management models and tools to ensure trading activities remain within approved limits
- Collaborate with the risk management team to refine policies and monitor compliance
- Track and report trading performance metrics, including profit and loss (P&L), trading volume, and market positioning
- Prepare detailed reports and presentations for senior management and stakeholders
- Continuously evaluate the effectiveness of trading strategies and recommend improvements
- Ensure all trading activities comply with relevant laws, regulations, and market rules
- Maintain accurate records of trades and report to regulatory bodies as required
- Stay updated on regulatory changes and their implications for trading activities
- Work closely with procurement, sales, and operations teams to align trading strategies with business needs
- Build and maintain relationships with market participants, brokers, and regulatory agencies
- Provide guidance and support to internal teams on market conditions and trading strategies
- Utilise advanced trading platforms and analytical tools to enhance decision-making and efficiency
- Stay informed about emerging technologies and methodologies in energy trading
- Drive process improvements to streamline trading operations
Knowledge & Skills:
- 3-5 years of experience in energy trading, market analysis, or a related field
- Strong understanding of energy markets, trading platforms, and regulatory frameworks
- Proficiency in trading software and tools (e.g., ETRM systems, Bloomberg, ICE, or similar platforms)
- Advanced Excel skills and experience with data analytics tools (e.g., Python, R, or Tableau)
- Strong quantitative and financial modelling abilities
- Excellent analytical and problem-solving skills
- Strong communication and presentation abilities to convey complex market insights effectively
- Ability to work under pressure and make decisions in fast-paced environments
Qualification & Education Requirements:
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field.
- Advanced degrees (e.g., MBA) or certifications (e.g., CFA, Energy Risk Professional) are an advantage.
Benefits:
- Working hours - Monday to Friday
- Buy & Sell Annual Leave Scheme
- Employee Assistance Programme (EAP)
- Access to Employee Health Scheme
- Career development
- Employee Recognition Incentives
- Company events
- Monthly dress down days
- Tea & coffee facilities & On-site Canteen
- Local discounts / benefits
What you need to do now?
If you would love to join us as our new Energy Trading Analyst, we encourage you to apply now!
Be part of our bright future and talk to Ruby today!