Senior Options Trader

We are strengthening our Continental Power Trading team in Hamburg and are looking for an experienced Senior Options Trader to drive our growing options trading initiative.

As a Senior Options Trader, you will take ownership of a proprietary options trading portfolio with a strong focus on power, EUAs, and other energy commodities traded across Vattenfall’s markets. In this pivotal role, you will shape strategies, manage risk, and contribute to the commercial success of our business.

Your responsibilities

• Manage and grow a proprietary options trading P&L with a primary focus on power and emissions; extend strategies to other relevant energy commodities.
• Combine directional trading with mid‑ to long‑term volatility and optionality strategies; originate, structure, and execute trades across multiple maturities, strikes, and structures.
• Use quantitative, fundamental, and technical insights to build high‑conviction trading views and translate them into disciplined risk‑taking.
• Actively manage Greeks and exposures: define hedging strategies, monitor positions, and adjust within risk limits and changing market environments.
• Ensure robust governance and risk discipline, including valuation integrity, trade booking accuracy, and documentation quality.
• Work closely with Trading Analysis, cross‑desk traders, and support functions (Risk, Operations, IT/Quants) to continuously enhance models, tools, and analytical capabilities.
• Communicate clearly and effectively with internal stakeholders and senior management, presenting market views, risk positions, and performance.
• Contribute to the growth and success of the Continental Power Trading team by advancing our Options Trading initiative.

Your profile

• Master’s degree or higher in finance, economics, mathematics, physics, engineering, statistics, financial engineering, or another quantitative field.
• 10+ years of relevant experience in energy derivatives or options trading with a proven and profitable track record; substantial experience in power and emissions is essential.
• Strong, hands‑on risk management capabilities with clear decision‑making and disciplined risk‑taking.
• Deep understanding of the broader energy complex (power–gas–coal–carbon) and the link between fundamentals, cross‑commodity dynamics, and volatility.
• Excellent analytical skills with the ability to connect data‑driven signals and market narratives into executable trading strategies.
• Strong communication skills and a collaborative mindset; willingness to share knowledge and engage with stakeholders across the organisation.
• Fluency in English (spoken and written); additional languages are a plus.
• Self‑driven, results‑oriented working style with high reliability, resilience, and full ownership of outcomes.

Benefits

Your development is a priority at Vattenfall BA Markets. Your professional journey will benefit from working in the exciting industry of energy trading, and in interdisciplinary teams. To support your career, we offer opportunities to grow through training, job rotations, talent programs and a working environment that stimulates learning.

Our work culture at Vattenfall is excellent. We have an open corporate culture with flat hierarchies. Modern and flexible working conditions, including mobile work, promote wellbeing. In Germany, our work week consists of 37.5 hours with, in many cases, the possibility to work part-time. Up to 49% of your working time can be mobile work, and you are entitled to 30 days of vacation per year.

Your health is important to us. We provide several health programs and support throughout potentially challenging life situations.

Your colleagues will be another highlight. We employ inspiring people with diverse backgrounds. Together with our culture and your tasks, they form an interesting and fun place to work.

You can find our new state of the art office next to Elbbrücken.

More information 
We welcome your application in English, no later than 25th of February 2026. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website. 

For more information about the recruitment process you are welcome to contact our Recruiter Jil Ungethüm via phone at +49 40 79022 1378. 

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party, called DISA. In addition, a certificate of good conduct (i.e. criminal record certificate) is required for certain positions.
 

We look forward to receiving your application! 

Vattenfall is a European energy company with approximately 20.000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.  

Right in the heart of Vattenfall, at Business Area (BA) Markets, you will find an inspiring international environment, with a culture of care and personal growth, enabling you to be who you are, having fun, building strong relationships and learning every day. Find out what our colleagues think about our culture: https://youtu.be/-9qGrDUCptA

We employ around 500 professionals who are active across Europe with offices in Sweden, Germany, The Netherlands, and the United Kingdom to drive the energy transition together. Our role in Vattenfall is to maximize the value of the overall portfolio by optimizing and dispatching, hedging, and sourcing for Vattenfall's sales and generation volumes. We serve as Vattenfall’s single access to energy commodity markets and trade electricity, emissions, fuels, freight, and renewable certificates.  

Within Markets the Business Unit (BU) Trading is the energy trading hub of the Vattenfall Group. BU Trading is responsible for all trading activities around Vattenfall´s asset and customer flows to maximize value creation and improve sourcing costs. It provides market access services for the Vattenfall Group which means managing all hedging flows, from generation assets or customers, by Market Access. Next to handling our flow business, BU Trading also has a proprietary mandate. Our working environment is based on a collaborative approach, as we strongly believe that through teamwork, we can develop the most successful trading strategies.