Short Term Power Optimization Trading Manager

Sales
- COURBEVOIE(PLD)-COUPOLE(FRA)
- France
- Following its objective of carbon neutrality by 2050, TotalEnergies is strongly increasing its worldwide position in the whole power value chain, and especially in fast growing sector of renewables and flexible generation assets. T
- maximize the full value of such Power assets on spot markets, TotalEnergies Gas & Power aims to be present at each step of the value chain: from trading on the curve up to Day Ahead optimization, Intraday and ancillary services.
- This optimization of Short Power positions is based on a European framework with aggregation of generation (CCGT, Wind, Solar), flexibilities (DSR, Batteries), and power supply portfolio to maximize value creation for TotalEnergies company.
- The job holder is required to manage and develop a team that is based in Paris, while interacting with multiple teams spread across several European locations for strategy execution.
- The team will act in an uncertain energy commodity trading context with extreme market volatility due to a variety of factors including worldwide economics, energy resource development, political and legislative changes, climate change, and energy demand. Competitive environment for new business and growth opportunities.
- High stress working environment involving time critical activities.
- The Manager we are looking for is responsible for leading and developing the Short-term Optimization of TotalEnergies Gas and Power (Gas & Power trading arm of TotalEnergies group) in all European countries where TotalEnergies is present on the Power value chain on short-term power markets (including France, Belgium, Spain).**Team management**
- Effectively recruit, train, and develop employees
- Foster team spirit
- Maintain high level of expertise within the team to be recognized as optimization and market experts for other teams within the Company (Legal, Risk Control, Origination ).
- Ensure good relationship and support with local control centers and operations teams (Day-Ahead and Intraday trading) when deploying strategies and models.

**Power Optimization**
- Define optimal strategies and markets arbitrage strategies
- On day-ahead, intraday and balancing markets for power assets in Europe (CCGT, wind/solar plants, battery, Demand Side Response) and power supply portfolios
- On Ancillary services markets for the assets, including optimization between those markets and the energy short-term markets
- In cooperation with weather and modeling team in Geneva, develop weather expertise and models to feed short-term optimization strategies
- Work closely with the Power Short-term Trading local teams and Day-Ahead team to define cross-countries strategies while considering local specifies and to support local teams for proper implementation
- Be responsible of the optimization models, which will be run and maintained by his team.
- Continuously back test strategies to verify adequacy and optimality, and dynamically adjust when necessary
- Define and monitor KPI/P&L resulting of activities on short-term markets (report definition based on strategy and reporting analysis over multiple day to feed-in back testing)
- Perform impact analysis regarding design market and regulatory evolutions to identify market opportunities

**What is the ideal profile?**
- Undergraduate degree in economics, finance, engineering, business administration or equivalent experience
- 5+ years of power markets and short-term optimization experiences required
- Management skills
- In-depth understanding of the energy industry, power market structure, and risk management
- Passion for the markets which has resulted in successful trading track record
- Ability to work in a team environment; ability to communicate effectively across teams
- Well-organized and capacity to work under pressure
- Strong desire to be part of a fast-paced, entrepreneurial environment.

**Offer ID**
- 66462BR

**Metier**
- Sales, Trading Front Office

**Region, department, area**
- 92 - Hauts-de-Seine

**Employment type**
- Regular position

**Experience level required**
- Minimum 6 years

**Branch**
- Gas Renewables And Power

**About us / company profile**

**TotalEnergies, a broad energy company**

**TotalEnergies is a broad energy company that produces and markets fuels, natural gas and electricity. Our 100,000 employees are committed to better energy that is more affordable, more reliable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.