Power Trader (Bulgaria) - Discretionary or Systematic/Algo (Python)
Indexed description
About Fluxsmart
Fluxsmart is a proprietary power trading company focused on short-term electricity markets. We combine market expertise, quantitative research, and automated execution to identify and capture trading opportunities across European power markets
.We are building a high-performance, data-driven trading business with a strong emphasis on disciplined risk management, robust infrastructure, and continuous strategy improvement
.
Role Overvi
ewWe are hiring a Power Trader focused on Bulgaria, with strong Day-Ahead + Imbalance experience and solid Python capabilit
y.We will consider two profiles for this rol
- e:Track A - Discretionary Trader + Tooling: strong market intuition and execution discipline, plus Python to build tools that improve speed, repeatability, and risk contro
- l.Track B - Systematic/Algo Trader: builds and runs systematic strategies end-to-end (research → realistic backtesting → implementation → live monitoring and iteration
).Regardless of track, this is hands-on position with high ownership and accountabilit
y.
Key Responsibiliti
es:Trading (Bulgaria DA + Imbalan
- ce)Trade Day-Ahead and manage imbalance exposure for Bulgaria within defined risk limi
- ts.Build a daily market view using fundamentals (load, RES, weather, outages, constraints) and market signa
- ls.Manage positions/exposures, monitor deviations, and actively control imbalance costs and tail ri
- sk.Run structured post-trade reviews and continuously improve execution discipli
ne.
Analytics, Automation & Tooling (Pyt
- hon)Use Python to build and maintain tools
for:-market monitoring and dashboa
rds,-position/exposure trac
- kingPnL reporting and performance attribution alerts/checks that reduce operational and risk lea
- kageReduce manual processes and improve reliability, speed, and auditability of trading workfl
ows.
Systematic / Quant Stra
- tegy Design, test, and iterate systematic approaches for DA and imbalance decision-ma
- king.Build or improve backtesting/validation with realistic assumptions and robust evaluation stand
- ards.Translate forecasting outputs into decision rules, sizing, and risk-aware execution l
ogic.
Risk Management & Process Disc
- iplineEmbed risk controls into daily trading and/or strategy workflows (limits, escalation protocols, stop logic where applic
- able).Stress-test behavior and/or strategies across regimes (forecast misses, volatility spikes, outages, dislocations, low liqui
- dity).Contribute to playbooks, documentation, and governance standards appropriate for a proprietary trading enviro
nment.
Collab
- orationWork closely with other traders to share insights, improve processes, and align risk p
- osture.Partner with engineers/ML where needed to productionize tooling, monitoring, or auto
mation.
Required Experience &
- ; Skills3+ years of short-term power trading experience; Bulgaria DA/imbalance experience strongly pr
- eferred.Strong understanding of DA market mechanics and imbalance dynamics (exposure management, deviation risk, operational disc
- ipline).Strong ownership, judgment, and decision-making under p
- ressure.Python proficiency for practical trading analytics/tooling (pandas/numpy; clean and maintainabl
- e code).SQL and/or other languages are
- a plus.Strong risk mindset and ability to balance opportunity with disciplined downside
- control.Clear communicator with strong account
ability.
Nic
- e to HaveExperience with SEE/Central Europe cross-border
- dynamics.Experience working with forecasting inputs (load/RES/weather/outages) to support DA/imbalance d
- ecisions.Prior exposure to automated execution, systematic trading, or quant research in energy
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