Project Manager - Short-Term Trading (Power & Gas)

Senior Project Manager – Short-Term Trading (Power & Gas)

Location: Remote (with travel to Copenhagen)

Contract Type: Contract – OUTSIDE IR35

Start Date: ASAP (Need to be able to start before the beginning of April)

🚨 Key Requirements – Please Read Before Applying

This role requires all three of the following:

1. Proven Project Management experience delivering complex IT transformation programmes
2. Hands-on Short-Term Trading experience (Day-Ahead & Intraday)
3. Strong Nordic power market knowledge

Candidates without experience across these three areas will not be considered.

Role Overview

We are seeking a Senior Project Manager / IT Transformation Lead to deliver a new end-to-end systems solution supporting short-term physical power and gas trading, with a primary focus on the Nordic power markets.

This is a remote-first contract role (OUTSIDE IR35) with regular travel to Copenhagen once a month. You will lead the programme across all phases - from discovery and design through build, testing, go-live and hyper-care - working closely with Front Office, IT, Operations, Compliance, and the selected technology vendor.

This is a high-impact leadership position requiring deep domain expertise in short-term trading combined with strong delivery governance and technical oversight capability.

Key Responsibilities

Project Leadership & Delivery

• Lead full lifecycle delivery: initiation, discovery, design, build, testing, migration and go-live
• Own project plan, milestones, budget, risk and issue management
• Drive delivery to agreed timelines, cost and quality targets
• Coordinate cross-functional teams (Front Office, IT, Operations, Compliance) and vendor resources
• Manage multi-vendor delivery streams where applicable

Short-Term Trading & Solution Oversight

• Lead functional and technical design for short-term power & gas trading workflows
• Oversee system configuration across trading, forecasting, dispatch and settlement
• Ensure alignment with Nordic market processes and balance responsibility frameworks
• Drive data migration, cutover planning and P&L shift validation
• Support VPP and flexibility trading platform integration (HEMS/EMS where applicable)

Stakeholder & Governance Management

• Act as primary interface between business leadership, IT and vendor
• Chair steering committees and provide structured executive reporting
• Manage regulatory engagement where required (e.g. Nordic TSOs and settlement bodies)
• Ensure regulatory compliance, audit logging and segregation of duties controls
• Oversee UAT planning, defect management and acceptance criteria

Essential experience

Project Management (Critical)

• 8–10+ years’ experience delivering complex IT or trading platform programmes
• Proven track record implementing ETRM or specialised short-term trading systems
• Experience managing cross-functional and multi-vendor environments
• Strong governance, risk and budget management capability
• Structured PM methodology expertise

Short-Term Trading Experience (Critical)

• Extensive hands-on experience in Day-Ahead and Intraday power trading
• Strong understanding of short-term gas trading
• Deep knowledge of full STT lifecycle:
• Order management
• Portfolio management
• Forecasting (production & consumption)
• Real-time dispatch
• Balance responsibility
• Settlement

Nordic Market Expertise (Critical)

• Strong understanding of Nordic power market structure and infrastructure
• Familiarity with market coupling, TSOs and settlement processes
• Knowledge of reporting and regulatory obligations within the Nordic region
• Experience working within Nordic trading environments

Technical & Systems Knowledge

• Experience leading ETRM or short-term trading system implementations
• Strong understanding of system architecture, integrations and APIs
• Data migration and reconciliation expertise
• VPP and flexibility trading systems experience advantageous
• HEMS/EMS integration knowledge beneficial

If you like the sound of the role and want to learn more, please apply or email me directly - lpignone@vallumassociates.com