Spot Trader

Tiakina te anamata, mā te tūhono i ngā tāngata me ngā wāhi o te inamata. Taking care of tomorrow: connecting people and place today.

Mercury is a bold future-focused organisation, providing energy and telecommunications to more Kiwi than anyone else, leading the way with renewable energy and working toward a sustainable future. At the heart is our purpose which pushes us to do all we can to create a better future for our people, our communities, and Aotearoa New Zealand.

**Our Opportunity**:
If you're a "numbers person" with highly developed analytical skills, comfortable with technology, able to formulate a position based on multiple input factors and be decisive in "pushing the go button" then we want to hear from you. An exciting opportunity is available within the Mercury Wholesale Markets team for a Spot Trader looking to develop skills and knowledge within the Electricity Industry. The principle function of a Spot Trader is to minimise risk and maximise Mercury's generation value within the New Zealand Electricity Market (NZEM).

As the market runs 24/7, we are looking for someone to work on a roster basis covering days and nights at our Auckland or Hamilton offices, you will be rewarded with outstanding career development opportunities across the wider business, full training/support and great benefits.

This is a gateway role which can progress to derivatives and portfolio management.

**Responsibilities include**:

- Manage the offering of Mercury's portfolio of generating assets in the NZ Energy Market
- Oversee real time scheduling and dispatch of Mercury's geothermal assets
- Implement prescribed trading strategies to maximise Mercury's trading value
- Provide advice or management reporting in the following areas:

- Transmission and Risk analysis
- Portfolio and fuel optimisation
- Energy margin and sales/generation volume forecasting
- Engage in research & projects to further the long terms interests of company
- Participate in innovation and cross-fertilisation of ideas for the development of the individual and the company

**We're looking for someone who is able to demonstrate the following**:

- University or equivalent degree in Commerce, Operations Research, Engineering or similarly numbers/analytical process related disciplines
- Good problem solving skills
- Competent in use of Excel
- An advanced ability to provide comprehensive analysis and reporting
- An ability to work autonomously and as part of a wider team
- Previous experience of the Energy Industry desirable
- Excellent time management and organisational skills

**Mercury offers (full benefits are listed on our Career Page)**:

- Additional 5 days leave per annum (MyDays)
- $400 one off tax-free payment towards setting up your home office
- A diverse workplace where your unique abilities and talents will be recognised and encouraged
- Annual salary reviews with excellent parental leave policy, with the option to purchase additional leave
- The opportunities, career paths and facilities associated with working for one of New Zealand's largest multi-utility providers
- Discounted health insurance and free life and income insurance
- Excellent well-being programme including up to $100 annual check ups and confidential assistance programme
- Gender affirmation leave and supportive bereavement leave to be taken when you lose anyone close to you, including your pet

Mercury is a learning organisation that is committed to providing you with opportunities to grow and develop that will benefit you now and in the future. Part of your role includes building your skillset and mindset through a variety of ways. We believe this creates an energised, innovative and agile work environment where you will feel valued.

**Job Details**:

- Reference #
- 38740
- Posted
- 11 Feb 2025
- Closing
- 25 Feb 2025 17:00
- Location(s)
- Auckland, Hamilton
- Expertise
- Trading
- Job level(s)
- Experienced
- Work type(s)
- Permanent full time