Trading

Battery Trader (Long‑Term Risk Management)

Lausanne - 100% | Permanent

Alpiq is expanding fast in Battery Energy Storage Systems (BESS) across Europe—both our own assets and tolling/third‑party portfolios. We already operate and market battery flexibility (e.g., wholesale, FCR/aFRR) and are scaling further. We are recruiting a Battery Trader to own and manage the long‑term risks linked to BESS contracts and assets, stabilising cashflows while preserving some upside from flexibility. This role can be based in Lausanne or Olten, Switzerland.

Your responsibilities
  • Own the long‑term BESS risk book: identify, quantify and manage structural risks arising from merchant revenues, ancillary services, degradation and contractual features (e.g., tolling floors/caps, indexation, availability regimes).Design and execute hedging strategies across European power markets (and cross‑commodity where relevant) to stabilise cashflows and protect downside while preserving upside from flexibility.
  • Support the pricing and structuring of long‑dated battery exposures.
  • Trade options/structures to manage optionality embedded in BESS operations and contracts.
  • Partner closely with Origination/BD, Intraday/Asset Trading, Analytics/Quants, Risk, Legal and IT/Algo to ensure pricing, booking and risk monitoring reflect reality end‑to‑end.
  • Contribute to model specifications, stress tests and risk governance; propose limits/KRIs and help refine P&L and exposure reporting for batteries.
  • Maintain market & regulatory awareness across European reserve/flexibility products (FCR/aFRR/tertiary), capacity mechanisms and balancing rules, and translate impacts into trading/hedging actions, in line with the other teams trading these products.

 

Send us your application

Are you looking to make an impact in the energy sector? Become part of Alpiq - your energy matters!

Your profile

  • 5+ years’ experience trading European energy (power/gas) with a demonstrable track record of risk management and P&L delivery.
  • Strong foundation in Financial Theory / Asset Pricing (e.g., stochastic processes, options/real‑options, term‑structure modelling).
  • Experience in Power Intraday markets and Ancillary Services.
  • Hands‑on battery pricing/trading exposure.
  • Commodity options / structured products trading experience.
  • Fluency in English; additional European languages a plus.
  • Availability to work onsite in Lausanne or Olten.

Your benefits

Competitive salary package

Market-oriented salary

Training and development

Diverse opportunities for career growth

Flexible work models

Various flexible work models

Inclusion is at the heart of Alpiq

At Alpiq, we are committed to creating an inclusive work environment, where everyone can bring their ‘whole selves’ to work and feel valued, respected, and heard. This principle is central to our company’s purpose, values, and leadership approach. We strongly believe that organizations thrive through the inclusion of diversity. Everyone’s energy matters regardless of characteristics, such as age, gender, nationality, language, sexual orientation and identity, religion, social or ethnic background or any other personal traits.

 

Data protection

At Alpiq, data privacy is an important topic. Please therefore take note of the corresponding Privacy Notice that appears in the online application form and explains in detail the purpose for which we process your personal data. It is of great concern to us to inform you as transparently as possible and process your data only in a fair manner.