Senior Power Trader Budapest

Senior Power Trader
Budapest

Be part of MOL Group’s Shape Tomorrow 2030+ Strategy implementation, join a team of dedicated professionals who drive the company to the next decade!

If you see sustainability and circular economy as a way forward and want to contribute to MOL’s transformational journey then this is just for you:

We are looking for our new

Senior Power Trader

who will

lead, manage and maintain power supply and trading business and developments through market information, pricing/product development, and innovative business opportunities. Managing MOL Group's energy demand cost-effectively and profitably. Responsible for initiating, executing, and controlling physical positions and 3rd party transactions (e. g. , wholesale or retail).

These would be your main responsibilities:

Lead MOL Group's power supply and trading strategy implementation, propose and update strategies, and develop business reports and presentations for decision-making.

Contribute to Renewable Energy, Hydrogen, and Biogas projects, aligning with the 2030+ Strategy and collaborate with the Natural Gas & Power Supply & Trading team.

Generate innovative solutions for cost savings and margin/EBITDA enhancement, develop and implement new power trading opportunities, and track and report power PnL developments.

Develop new pricing, products, market analysis, and alternative monetization opportunities for the power trading portfolio, and maintain and develop market relations to ensure up-to-date information flow, focusing on European and CEE regions.

Coordinate and conclude long- and short-term deals on the Hungarian power market, including cross-border capacity auctions, supervise deals through their full life cycle.

Manage standard and flexible electricity purchase/sales contracts, keep contracts updated to meet legal and regulatory compliance, track electricity market changes to apply required strategic and operational adjustments for cost savings and margin maximization.

Support electricity purchasing for MOL Group's subsidiaries, assist in obtaining trading licenses, establish companies in new markets, harmonize and update energy purchasing/trading regulations and processes to ensure compliant operations and manage audit support.

Operate and supervise scheduling, online metering, and trading systems, maintain control mechanisms for Power Supply & Trading activities, ensure risk exposures are managed in cooperation with risk management, and optimize P&L through hedging.

The perfect candidate:

Has a BSc/MSc degree in economics or engineering

Speaks Hungarian and English on an advanced level

5+ years professional experience in energy market logistics or commercial activities

Outstanding knowledge of energy markets, logistics and infrastructure

Understanding of legal, financial, fiscal and operational aspects of physical trading

Experience in coordination and/or integration of different functionalities

Solid understanding market structure, pricing mechanisms, price risk and principles of its mitigation via inventory and position man-agement tools

Has a strong knowledge of MS Office, Trading platforms, ETRM system

Top reasons to work with us:

Attractive compensation package - gross 800, 000 HUF cafeteria, 10% performance bonus

Extensive training portfolio - you will have numerous opportunities for self-development, including internal trainings led by our experienced colleagues and external programs (e. g. university courses)

Medicover health insurance: Broad outpatient care and essential annual screenings at exclusive private clinincs and medical institutions, promoting conscious helath preservation

Well-being benefits: Covering for areas of life - health preservation, financial awareness and planning, community and support in all life situations

Life and accident insurance for the entire duration of employment

Opportunity to work for one of Central Europe's largest, stable and multicultural company in an extremely innovative environment at our HQ - MOL Campus

To have an impact: contribute to shaping the future of MOL Group and gain insights into the industry through collaboration with diverse, cross-functional teams

At MOL Group, we know that our strength lies in diversity. During the selection process, we provide equal opportunities to all applicants with the appropriate qualifications and work experience, regardless of age, gender, disability, or reduced work capacity, sexual orientation, or ethnicity. At MOL Group, everybody counts.

If you have any specific needs related to your reduced work capacity at any stage of the recruitment process, please inform our recruitment team! We are happy to assist.

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