Power & Gas Trader

Our Company

Alpiq is one of Switzerland’s leading electricity producers and a key energy services provider across Europe. Headquartered in Lausanne and powered by a strong portfolio of hydropower, nuclear, and renewable energy sources, we’re all about impact, for the climate, for people, and for the security of supply.

More than 1,300 colleagues from nearly 60 nationalities bring their energy to a shared purpose: Together for a better climate and an improved security of supply.

We work in a values-driven culture shaped by trust, curiosity, and respect. Our 4 company values have been co-created with our employees and are embedded in everything we do as a company:

“We are ALP1Q “- reflects our team spirit

“We learn and grow together” - we have courage

“We share the steering wheel” - we take ownership

“We focus on the outcome” - your impact matters

At Alpiq, your energy matters!

Mission

Support the optimization and trading of Alpiq's thermal asset portfolio across European short-term energy markets. The role combines market analysis, risk taking, and execution of trading strategies to maximize portfolio value while operating within defined risk limits.

Your main responsibilities

• Analyze fundamental drivers of European power markets, including supply/demand balances, weather, fuel and carbon prices, renewable generation, outages, and cross-border flows.
• Identify and execute trading opportunities across short-term European power and gas markets.
• Take and actively manage proprietary risk positions within assigned limits.
• Support the optimization and value creation of physical generation assets and portfolios.
• Develop market views and translate them into actionable trading strategies.
• Monitor and assess optionality embedded in assets and market structures.
• Contribute to the development of AI-enabled trading tools, data-driven decision processes, and systematic trading capabilities.

Your profile

• Minimum 5 years of experience trading short-term European power and gas markets
• Strong understanding of European power market fundamentals and the ability to convert market views into trading decisions.
• Proven risk-taking mindset combined with disciplined risk management.
• Good understanding of financial options, derivatives, and optionality concepts.
• Experience trading or optimizing physical assets is a strong advantage.
• Strong analytical and quantitative skills.

What Success Looks Like

• Consistently generates and executes profitable trading ideas based on fundamental market analysis.
• Demonstrates sound judgment in taking and managing risk.
• Develops a strong understanding of asset-backed trading and portfolio optionality.
• Becomes a trusted contributor to the Asset Trading desk's performance and decision-making.

Disclaimer: Please note that applications submitted by agencies or third-party recruiters will not be considered unless the agency is part of our Preferred Supplier List (PSL).