Derivatives Trader

As New Zealand's market-leading energy retailer, we look after more than 500,000 customers. We generate about 20% of the country's electricity from a diverse portfolio of thermal and renewable generation assets across the country.

**About the role**:
We're looking for a pragmatic Trader to join the Auckland based team, you'll be trading electricity derivatives and emission products to maximise trading gross margin. This includes ASX electricity futures, OTC derivatives, Financial Transmission Rights and NZ Emission Units.

**Key Responsibilities**:

- Trade futures and other related products to maximise the value of Genesis' trading portfolio for both hedging and speculative purposes.
- Analyse and negotiate significant short to long term hedge and forwards transactions.
- Trade carbon products for Genesis' obligation and speculative portfolios.
- Review hedge and forwards trading results and report on performance as required.
- Provide analysis, commentary and recommendations on forward market opportunities.
- Remain well informed on international markets and policy developments in Emissions trading and advise the business on potential impact and obligations.
**About you**:

- 2-5 years' commodity trading experience or equivalent trading/analytical experience in a highly compliance-based environment.
- An understanding of electricity markets - NZ or overseas.
- Conversant with the emissions trading framework within NZ
- Relevant commercial/business tertiary qualification.

Along with your technical experience, we are looking for an upbeat, reliable, and motivated team-player, who has a keen interest in all things trading. Derivatives trading at Genesis is high profile, exciting and ever changing, and you need to have the courage to take and mitigate risks and the commercial acumen to make the right decisions. You will be supported by an engaged leader and surrounded by some of the industry's best analytical minds as the energy industry evolves, with the evolution of technology driving the way we generate, sell, and trade electricity and emissions.

This is a cross-functional role, which will see you working intricately and collaboratively with the wider business, while also providing you with strategic insights. You will need to be a confident communicator who can easily build rapport and relay information appropriately.

**Our culture**:
Genesis is proud to be an inclusive workplace; we celebrate difference and diversity and aim to empower our employees. We're a business built on innovation and optimism; a place where we value our people and provide opportunities for them to build outstanding careers and a better New Zealand.

Create your world of tomorrow, at Genesis.
- If successful, your employment is likely to start with us during a period of community transmission of Covid-19 throughout New Zealand. As a business operating in that environment, we have responsibilities under the Health and Safety Act 2015 to reduce the risk that our workers might contract or transmit Covid-19 whilst performing their work._