Power Trader, Shell Energy Japan

Summary

Shell Energy Japan (SEJ) offers a remarkable opportunity for an experienced trader to join the Japan Power Market. SEJ boasts an established trading desk with a robust network of customers and a wide-ranging remit.

Purpose

The Power Trader plays a crucial role in enhancing SEJ's profitability by focusing on speculative trading to generate profit through power transactions & fuel hedging. The role involves conducting detailed analytics to develop and support trading strategies, as well as assisting the Origination team with deal pricing and structuring to facilitate growth.

As a member of the Trading Desk, the individual will execute trades on exchanges (via brokers and directly with customers) and internally with Singapore & London teams for fuel hedging. Additionally, they will cultivate a deep understanding of physical operations and regulations.

Accountabilities

• Develop and execute speculative trading strategies.
• Proactively manage risk and exposures within the hedge books.
• Continuously monitor market prices, supply/demand dynamics, and industry participant activities.
• Provide timely assistance to the Origination and C&I teams with pricing and structuring deals from customers, covering both physical power and fuel hedging requirements.
• Support physical operations for the power station and wholesale market, including nominations, commodity operations up to settlement, and trade execution on exchanges.
• Maintain and enhance Shell's power fundamental model and collaborate with analysts to develop additional fundamental analysis tools.
• Represent the Trading Team on trading capability enhancement projects and communicate effectively with internal stakeholders.
• Engage regularly with peers and experts across other Shell entities to leverage global best practices.

• Proficiency in either Japanese or English at a business level, willingness to continue developing language skills (if needed)
• Over 5 years of energy trading experience.
• Bachelor's degree in a STEM/Financial Engineering subject or similar.
• Ability to analyze complex data and regulations, perform fundamental demand and price formation analysis, and distill insights succinctly.
• Proven success in international and multi-functional teams.
• Excellent team collaboration skills and ability to work both independently and collaboratively.
• Independent, self-starting attitude, strong work ethic, and high reliability in follow-up and delivery. Resilience and balanced self-confidence.

• Fluency in both Japanese & English
• Strong quantitative skills and technical proficiency in SQL / Databricks & Python.
• Understanding of the structure of the Japanese energy market, its liberalisation trajectory, and anticipated market mechanisms.
• Interest in the commodity business end-to-end value chain, including mid and back-office operations.