WHOLESALE TRADING EXPERT (F/M/D)

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Hiring Remotely in Vilnius, Vilniaus apskritis, LTU
In-Office or Remote
Utilities • Renewable Energy
The Role
Company Description

Do you want to contribute to projects changing the meaning of energy consumption in the Baltics and beyond? Ignitis is a part of the Ignitis Group – a renewables-focused integrated utility. Our purpose is to create a 100% green and secure energy ecosystem for current and future generations.  

Ignitis offers advanced energy solutions and services to both private and business clients, enabling effective energy management, consumption, and production. The electric vehicle quick-charge network, Ignitis ON, significantly contributes to sustainable mobility in the Baltics. Simultaneously, the platform eparkai.lt opens the door for everyone to become a green electric power producer. We supply power and natural gas to 1.5 million customers in Lithuania and, through our operations in Latvia, Estonia, Finland, and Poland, we are accelerating the development of green energy throughout the wider Baltic region. 

www.ignitis.lt #ignitislietuva

Job Description

We are currently looking for a new colleague to join the Ignitis. Our team is at the forefront of the energy market, handling a diverse range of responsibilities including Power Purchase Agreement (PPA) origination, managing electricity, guarantees of origin, and gas market access, conducting market analytics, and developing price forward curves. If that speaks to you, we’d be happy to welcome you to our team! 

Take YOUR part in #EnergySmart!  

You will contribute to green and secure energy ecosystem creation by:  

  • Executing trades in electricity, guarantees of origin (GOs) and other commodities on exchanges and over-the-counter (OTC) in line with the company’s strategy
  • Calculating, reporting and presenting trading results to internal stakeholders
  • Communicating with trading partners, potential clients and other stakeholders on market and trading matters
  • Managing contracts with exchanges and trading partners, including onboarding and ongoing contractual updates
  • Determining and managing portfolio positions, identifying trading needs and developing pricing and trading strategies in cooperation with colleagues from other units
  • Analysing factors affecting electricity, GO and related commodity markets
  • Improving and further developing trading portfolio management processes, models and tools
  • Reporting closed deals in accordance with EMIR and REMIT requirements

Qualifications

  • University degree in energy, finance, economics, statistics, applied mathematics or a closely related field
  • At least 2+ years of proven experience in the electricity market, power trading or related fields
  • Strong skills in MS Excel
  • Knowledge of econometrics, data analytics or statistical analysis
  • Basic understanding of commodity derivatives
  • Proactive, accurate and responsible, with strong attention to detail and numbers
  • Highly motivated and responsible, eager to learn and gain new experience
  • Fluency in English, both spoken and written

Would be an advantage:

  • Work experience in the energy sector
  • Knowledge of VBA
  • Programming skills in R and/or Python and/or SQL
  • Knowledge of financial markets
  • Trading experience in electricity, other commodities, equity or foreign exchange markets
  • Knowledge of EMIR and REMIT regulatory standards

Additional Information

  • A package of additional benefits to choose from: pension accumulation, health insurance, or another benefit from the selectable benefits list in the MELP application
  • Additional paid days for health improvement, short-term illness, volunteering, and accumulated work experience
  • A hybrid work model (3+2) and flexible working hours
  • Internal career opportunities
  • Extensive learning and qualification enhancement programs
  • Mentorship-based culture designed to facilitate meaningful and value-driven work
  • Take part in an unfolding energy transformation process to create a 100% green and secure energy ecosystem for both current and future generations

Join a growing and increasingly international team of energy smart people united by a common purpose. We all play our part in creating a 100% green and secure energy ecosystem for current and future generations.

And the way to achieve this is certainly not to wait for the perfect moment. We believe that the power to act comes from the charge we bring to our work every day. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. These are our mindsets. Together, they yield the energy that drives everything we do. The energy generated by our choices. If you are guided by the same mindsets – we look forward to welcoming you to our team!

As we pursue our strategic goals to increase gender balance in Ignitis Group, we are indicating “f/m/d” next to job titles, meaning we welcome candidates of all genders – female, male or diverse.

Ignitis Group ensures equal opportunities. We welcome all applicants and do not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.

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The Company
HQ: Vilnius, Vilniaus
1,628 Employees

What We Do

Ignitis Group is a renewables-focused integrated utility. The group’s core activities include power and heat production and supply, power and natural gas trading and distribution, and power system maintenance and development. The development of green energy is a priority for Ignitis Group with an aim to become the region’s main competence center for new energy and a leader in distributed energy solutions in the Baltic Sea region and beyond. Group companies operate in Lithuania, Latvia, Estonia, Poland and Finland. Group innovation fund invests in energy startups in the UK, Norway and France.

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