Structured Products Trader - Spanish market

Alpiq AG seeks a Mid-level Structured Products Trader for the Spanish market, focusing on optionality-driven energy trading and collaboration with Southern European teams.

This position sits within the Structured Trading Desk, concentrating on optionality-driven topics across Southern Europe. The trader will collaborate closely with Origination teams in Spain while providing backup support for Italy, managing power and gas trading activities.

Responsibilities

• Utilize and improve pricing tools to handle deal flow, specifically targeting PPAs, VPPs, and other structures from Spanish counterparties.
• Manage positions along the energy curve to capture value through country and time spreads.
• Develop and implement trading strategies that express market views through innovative approaches.
• Support business development on optionality topics by assisting traders who specialize in more linear products.
• Track market trends and provide actionable insights to inform trading decisions.

Requirements

• Three to seven years of experience in energy trading, with a focus on structured, asset-backed, and optionality-driven deals in the Spanish market.
• Strong expertise in options trading, including pricing, volatility, and strategy.
• A Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering, or a related field.
• Fluency in English.
• Possession of an EU passport or a valid Swiss work permit.

Nice to have

• Fluency in Spanish or Portuguese.

About the company

The company provides a dynamic environment where analytical expertise meets commercial acumen in the energy sector.

• Opportunity to combine analytical skills with commercial insight in a dynamic energy market.