Job details
Company
CFP FlexPower
Location
Hamburg, Germany
Employment type
Internship
Seniority
Entry level
Primary category
Investment Management
Posted date
2 May 2025
Valid through
1 Jul 2025
Job description
Your mission
FlexPower traders work to facilitate the energy transition with bold and rapid decision-making. Our traders work in shifts to cover the time when our clients’ assets deliver power: always. Short-term electricity trading requires you to observe the state of the grid and the market in real time. You monitor fundamental factors influencing prices such as wind and solar output, the production of various conventional plants, the energy flow between neighboring countries, the state of the grid, temperature, demand, and the behavior of actors on continuous markets such as EPEX SPOT. You use this information to (hopefully) make profitable trading decisions. When you make mistakes (which you will) or spot patterns and have ideas about new strategies, you analyze to check your intuition against data. Trading can be an extremely fun, exhilarating experience; however, you need the ability to change your mind, focus under pressure and have the emotional maturity to step away from your keyboard when it is not the time to fight.
Communication is essential in this role, as short-term power trading is done within a shift team of around six traders who will support and carry you throughout the week. Furthermore, you will work closely with engineers who will help you build tools and whom you will help to create performant algorithms. The best traders tend to love the market as (some) kids love computer games. This is a job where passion beats talent any time of the day.
Your profile
You enjoy to
- Play games that require mental agility
- Take calculated risks
- Work under pressure
- Make decisions quickly
- Work well in a self-managed team that cherishes performance and supports one another in failure
You are confident in your ability to
- Beat anyone in the market with a university degree in economics, finance, math, or other quantitative subjects
- Do quantitative analysis (no rocket science needed)
- Motivate yourself and show initiative to improve yourself and others
- Write (or learn to write) some code in R, VBA, Python, or other
Why us?
You will learn to
- Understand European energy markets in depth
- Truly work in a very close team
- Make good, rapid decisions under pressure
- Carry large financial and operational responsibility
We are honest about the fact that energy, is still considered a male domain by some, and we wholeheartedly disagree! We build a diverse company environment that includes minds who do not think alike.
We are looking forward to your application and are happy to answer any questions you may have about the position in question.
As part of our recruitment process, all references provided will be verified, and—where legally permissible—a criminal record extract (certificate of conduct) will be obtained in accordance with the Federal Central Register Act. The collection and processing of this data are carried out in compliance with data protection regulations and solely for the purpose of determining suitability for the intended position.