Energy Trader

ScottishPower HQ, Glasgow (hybrid – 3 days onsite)

Salary from £43,600 + up to 10% bonus, single cover private medical & other excellent benefits   

Full-time, permanent position (happy to talk flexible working) 

Closing date: Friday 27th of November 2026

Help us create a better future, quicker!

As an Energy Trader, you will assist in the management of ScottishPower’s market exposure to a variety of energy commodities, in order to maximise value and minimise risk. Working within the Trading Team, you’ll collaborate with colleagues across Glasgow, Madrid and the wider Iberdrola Group, while developing strong relationships with external counterparties and brokers and building your reputation within commodities trading and wholesale energy markets.

What you'll be doing     

• Assist in managing portfolio positions and executing hedging strategies
• Execute trades in line with agreed portfolio hedging strategies
• Provide relevant market insights to senior management and other areas of the business
• Represent Trading and GEM across the wider IBE Group and externally within the industry
• Ensure adherence to all Risk Management and Compliance procedures
• Develop a strong understanding of ScottishPower’s portfolio, commodity markets and the wider business
• Engage in proprietary trading activity to gather market intelligence, maintain trading relationships and add value

What you'll bring

• Degree-level qualification in a numerical or energy-related discipline
• Familiarity with UK or EU energy markets and/or a strong interest in commodity markets
• Strong numerical and analytical skills, with the ability to process complex information quickly and accurately
• Strong communication and interpersonal skills, with the ability to build effective working relationships
• Proven ability to make balanced decisions and work effectively under pressure
• Programming experience, such as Python, VBA or similar, would be beneficial
• Knowledge of Microsoft 365 applications, including Copilot or similar would be advantageous.
• FCA/CISI qualifications, or working towards these, would be desirable

Minimum Criteria

• Degree-level qualification in a numerical or energy-related discipline
• Good understanding of, or demonstrable interest in, commodity market trading
• Strong numerical and analytical skills
• Strong communication and interpersonal skills
• Ability to work effectively under pressure and make balanced decisions
• Strong Microsoft Office skills, particularly Excel. Previous experience with Power Bi would be considered an advantage

What’s in it for you  

As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we’ll double match your contribution up to a company contribution of 10%.  

At ScottishPower, we believe it’s the little things we do in life that make a big difference. From helping you look after your family’s wellbeing, save for your future and take personal steps for climate action – our benefits are designed to help you do just that - so that you have everything you need to take care of your world – today and tomorrow. That’s why our benefits include: 

• 36 days annual leave 

• Holiday purchase – perfect your work/life balance with extra annual leave 

• Share Incentive Plan and Sharesave Scheme 

• Payroll giving and charity matched funding 

• Technology Vouchers – save more and spread the cost of your technology purposes 

• Count us in – pledge to reduce carbon emissions and help fight climate change 

• Electric Vehicle Schemes – to help you transition to green/clean driving 

• Cycle to Work scheme and public transport season ticket loans 

• Options to purchase dental insurance, private medical insurance, health cash plan and annual health assessments 

• Life Assurance (4x salary) 

• Access to ‘nudge’ financial wellbeing support 

• Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more 

Why ScottishPower 

ScottishPower is part of the Iberdrola Group, one of the world’s largest integrated utility companies and a world leader in wind energy. With a commitment to generate all of our energy from renewable resources and a drive to create the energy infrastructure of the future, we’re at the forefront of the journey to Net Zero and investing over £6m every working day to make this happen. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation. 

Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you’ll fit right in. 

ScottishPower is committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to careers@scottishpower.com. 

Mobility

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.

IMPORTANT 

Advert will close at 23:59 GMT the day before Job Posting End Date below