Emissions trading in safe hands
Vertis, a MiFID II trading firm, supports companies in navigating through carbon compliance schemes, including different EU Emissions Trading Systems, CBAM and CORSIA, in a cost-effective way
I spend a lot of my day thinking, calculating and debating on how to approach our markets. In the end I need to decide on what to buy and what to sell (and how much of it, and how, and to whom). I then work with our sales traders and originators to put that plan into action!
The work is a good mix of intellectually stimulating work (often individual) combined with teamwork and collaboration with my colleagues. The fact that the job leans heavily on both means there’s lots of variety in my working day and I can keep things balanced.
I started my career 12 years ago as an engineer in an oil refinery, so not necessarily the most renewable of starts! I was always drawn to energy, and over the years I gravitated more to the renewable side, especially after a first experience trading the ETS. A few months ago, I decided to make the jump and go 100% renewable!
To start with, being a successful trader requires an analytical mindset: being able to synthesize a simple path forward out of a confusing and massive pile of information. On the long term it requires perseverance, the market doesn’t always go your way! And, especially at STX, you need to be a good collaborator: most of the results are achieved through others.
Things move fast, and you need to be prepared to chuck your assumptions out of the window and acquire a new set. Workload can pile up, and there may be 10 different opportunities to chase at once. Being able to prioritize effectively starts by understanding the big picture. It’s much easier to know what to do first if you know where you want to be at the end of the week/month/year.
The single thing that stands out most of STX culture is the can-do attitude: nobody feels above/below doing the work that will help us get forward as a team. Some examples I’ve seen: a junior front-office sales trader coordinating a multi-year contract with an investment fund, and our managing director picking up the phone for a customer when the traders are in meeting.
During the working day I enjoy having “lighter” interactions with my colleagues, taking the time to know my colleagues on a more personal level. Outside of work I prefer hobbies where I can completely shift focus to help me clear my mind. For example: it’s very hard to think about my trades when I’m trying to hit a tennis ball!
Prioritize learning over anything else at the start of your career. You’ll need to make choices, on whether to go for job A or B. Especially when you’re young, choose the role that is going to be the best launching pad for an interesting career!