Assistant Manager/ Manager - Power Trading

About Sembcorp

Sembcorp is a leading energy and urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.

Join us in shaping a sustainable energy future

Drive Asia’s energy transition with us! Our Gas & Related Services segment is a key growth engine, delivering reliable and efficient energy to industries and communities across multiple countries. We support Asia’s growing energy needs while advancing the shift to a lower-carbon future.

Purpose & Scope:

• The Assistant/Manager, Electricity Trading supports the Trading Lead in the day‑to‑day execution, optimisation, and risk management of Sembcorp’s Singapore electricity trading portfolio.

• The role takes on responsibilities spanning market execution and optimisation, detailed market and portfolio analysis, operational and regulatory oversight, and selective leadership of initiatives and junior traders.

• The incumbent is expected to exercise independent trading judgement, contribute to strategy refinement, and ensure trading activities remain commercially competitive, compliant, and operationally robust.

Key Roles & Responsibilities:

1.Trading Execution & Portfolio Optimisation

• Execute and optimise electricity market bids and offers in Singapore’s wholesale electricity market (NEMS), in alignment with desk strategy and risk limits.

• Support the Trading Lead in managing generation, contract, and retail exposure, ensuring portfolio positions are efficiently structured across time horizons.

• Monitor intraday and forward positions, identify optimisation opportunities, and take timely corrective actions where required.

2. Market Analysis & Commercial Insight

• Conduct detailed analysis of demand‑supply fundamentals, fuel and emissions linkages, reserve and ancillary service markets, and regulatory or system‑driven market shifts.

• Translate market intelligence into actionable trading or hedging recommendations.

• Support development and refinement of bid strategies, pricing logic, and scenario analysis.

3. Risk Management & Governance

• Ensure all trading activities comply with internal risk management policies, delegated authority limits, and market rules and regulatory requirements.

• Work closely with the Trading Lead on monitoring risk exposures, validating stress scenarios, and escalating material risks or breaches promptly.

4. Operational Oversight & Market Interfaces

• Oversee daily trading‑related operational activities, including bid submission validation, settlement view, position and P&L reconciliation.

• Coordinate with internal operations, risk, and finance teams to resolve discrepancies and ensure data integrity.

• Liaise with external parties such as the market operator, counterparties, and regulators on operational or market matters.

5. Initiative Ownership & Team Support

• Take ownership of specific trading initiatives or improvement projects, such as trading process enhancements, analytical tool development, system or data quality improvements.

• Provide guidance and on‑the‑job support to junior traders or analysts, fostering best practices and disciplined execution.

Qualifications & Experience:

• Degree in Engineering, Economics, Finance, Business, or a related discipline.

• Min 4–8 years in electricity trading, market operations, or portfolio optimisation.

• Direct exposure to the Singapore electricity market (or comparable liberalised markets) is strongly preferred.

• Demonstrated ability to operate with commercial accountability, sound judgment, and attention to operational detail.

Skills & Competencies & Preferred Characteristics:

• Electricity Market Expertise: Strong understanding of market mechanics, bidding behaviour, and portfolio interactions.

• Analytical Strength: Ability to analyse complex datasets and derive commercially relevant insights.

• Risk & Control Mindset: Disciplined approach to risk management and regulatory compliance.

• Decision‑Making Under Pressure: Calm, structured thinking in fast‑moving market or operational situations.

• Collaboration & Communication: Effective engagement with trading, operations, risk, and management stakeholders.

• Ownership & Initiative: Comfortable taking responsibility for outcomes and driving improvements independently.

Our Culture at Sembcorp

At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition.

We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.

Join us in making a real impact!