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Trading Manager
2 days ago
About the role: Flogas Ireland is seeking to recruit a Trading Manager to oversee the wholesale trading activities for the renewable generation portfolio, as well as the electricity and gas supply divisions. The successful candidate will join the management team responsible for managing the wholesale energy price risks for the Flogas Ireland group. The role involves working closely with the commercial, energy services, finance, operations and regulation teams. Key Responsibilities: Oversee the trading of forward electricity and gas positions to effectively mitigate wholesale price exposure, ensuring alignment with business objectives. Refine and optimise day-ahead and within-day trading strategies to maximise performance and minimise financial risk. Drive ongoing enhancements to trading strategies, processes, and performance metrics to deliver measurable results. Proactively identify, monitor, and reduce operational and trading risks, ensuring robust risk controls are in place. Track and report on key performance indicators, providing actionable insights and recommendations for improvements. Assess and onboard new trading counterparties, ensuring compliance with company standards and regulatory requirements. Ensure all trading activities meet relevant trade reporting obligations and industry regulations. Lead, mentor, and manage the trading team, fostering a culture of collaboration, accountability, and professional development. Develop team members through tailored training, feedback, and career progression plans. Manage relationships with key internal and external stakeholders, ensuring transparent communication and alignment of objectives. Represent Flogas in industry forums and discussions, providing expert insights and contributing to industry-wide initiatives. Stay informed on market trends, developments, and regulatory changes, driving the implementation of necessary adjustments to trading operations. Participate in and lead relevant project work, contributing expertise to cross-functional initiatives as needed. Ideal Candidate Profile: The ideal candidate will have a proven background in energy trading, with strong experience in managing wholesale electricity and gas positions. They will demonstrate expertise in trading strategy development, risk management, and regulatory compliance. Strong leadership and team development skills are essential, along with excellent analytical, problem-solving, and decision-making abilities. The candidate should have a keen understanding of market trends, regulatory landscapes, and industry best practices. Effective communication and stakeholder management skills are critical, as is a proactive and results-oriented mindset. A passion for driving innovation and continuous improvement in trading operations will ensure success in this dynamic and strategic role. About Flogas: Part of the DCC Group, Flogas Ireland was established in 1978 supplying Liquefied Petroleum Gas (LPG) throughout the island and to this day remains one of the leading suppliers in Ireland, servicing a diverse range of market sectors, including commercial, agricultural, and domestic. Over the years, Flogas has evolved and grown as an Energy business, and with the acquisition of Budget Energy, based in Derry, and Flogas Enterprise Solutions, (formally known as Naturgy) we are now also a leading supplier of Natural Gas and Electricity, as well as Renewables, including Corporate Power Purchase Agreements, and energy services in both residential and commercial markets across the island of Ireland. Flogas actively supports micro-generation, which involves generating electricity from renewable sources such as solar photovoltaic (PV), micro-wind, micro-hydro, and micro-renewable combined heat and power We have an esteemed reputation within the Energy Industry and have been awarded the NSAI Quality System Certificate from the I.S. EN ISO 9001 Series. As a Flogas Group, we are now driving our growth strategy to achieve our vision of being Irelands leading provider of total energy solutions, meeting our customers changing needs and delivering to the highest possible standard. Why work with us? Flogas is a well-established business within the DCC group and has grown significantly in recent years to become a leading provider in the commercial energy and energy management sectors, with significant further growth plans over the coming years making this is a very exciting time to join the Flogas Group. We offer a warm and welcoming environment, valuing our people and their input into the business. We encourage a collaborative workplace, where everyone feels included and heard. We are committed to working with our customers to help them transition to a more sustainable energy future. Benefits: Competitive Salary Defined Pension Contribution Healthcare Allowance Staff discounts Hybrid work options (role dependant) Health and Wellbeing Supports Learning and Development Opportunities Career Advancement is important to us in Flogas. All our roles are advertised internally, and we encourage internal progression right across the business. Flogas is an equal opportunity employer.We encourage diversity and are committed to creating an inclusive environment for all employees. Skills: analytical leadership attention to detail
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