Intraday Algorithmic Trader - Power Markets

About the Role

This is an exciting opportunity to join Macquarie's newly established Intraday Trading desk, focused on proprietary intraday power trading across European markets. The desk is rapidly expanding into other regions by leveraging Macquarie's robust infrastructure, creating a dynamic platform for both systematic and discretionary trading strategies. The team is advancing proven algorithmic strategies that will become an integral part of Macquarie's global commodities operations.

Macquarie is a respected global financial services provider, operating across 30 markets with over five decades of continuous profitability. The company offers an empowering workplace where you can develop a meaningful career and contribute impactful insights to shape a better future.

Role Responsibilities

• Develop, implement, and optimize algorithmic trading strategies specifically targeting intraday power markets.
• Continuously monitor strategy performance to enhance profitability and effectively manage trading risks.
• Collaborate closely with other algorithmic and discretionary traders, as well as developers, to refine models and improve trade execution.
• Utilize data-driven methods for backtesting and validating trading strategies ensuring robustness.
• Stay informed on market trends, regulatory changes, and newer technologies to influence the broader trading strategy.
• Work in conjunction with traders and quantitative analysts supporting multiple timeframes.

Candidate Requirements

• At least three years of demonstrated experience in algorithmic trading within intraday power markets.
• Strong quantitative acumen paired with programming expertise in Python, C++, or comparable languages.
• In-depth knowledge of power markets in Europe, Japan, or the US, including pricing mechanisms and intraday trading tactics.
• Proven success in developing, testing, and deploying automated trading strategies.
• Expertise in risk management and operating effectively within a performance-driven trading environment.
• Track record of producing consistent trading profits through algorithmic approaches.
• Comprehensive understanding and compliance with relevant regulatory frameworks.
• Entrepreneurial mindset with ability to independently identify and evaluate innovative trading opportunities.
• Capable of thriving under high pressure and in collaborative team environments.
• Fluent in English; additional language skills are advantageous.

About Commodities and Global Markets

This division offers comprehensive capital and financing solutions, risk management services, market access, and execution logistics to clients spanning commodities, financial markets, and asset finance sectors worldwide.

Inclusion and Diversity

Macquarie values inclusive environments where diverse perspectives and experiences are respected. The company is committed to equal opportunity irrespective of age, disability, gender identity or expression, sexual orientation, marital status, pregnancy, race, religion, or socio-economic background. Reasonable adjustments during recruitment and employment processes are available upon request.