🇬🇧Head of UK
Stand up the UK sovereign instance and run both sides of its market. For a GB power trader who read the cash-out price before it printed and knows why firm beats interruptible when the system tightens.
📍 London · Remote-first⬢ The book: GB power — day-ahead, intraday, the Balancing Mechanism and imbalance settlement.◇ Feeds: Elexon / BMRS · EPEX SPOT · N2EX
About sovrgn
sovrgn is building the market and control layer for intelligence. It continuously matches demand with the best permissible supply across compute, model and jurisdiction.
The operating cycle is forecast, qualify, clear, dispatch, meter and settle. Firm, Floating and Reserve shape the capacity portfolio; buyer policy determines which supply is allowed to compete.
Electricity markets are a useful analogy, but intelligence is not perfectly fungible. It also clears on capability and law. That is the market-design problem we are hiring people to solve.
The book you ran
GB power: the day-ahead auction, the continuous intraday market, the Balancing Mechanism, and single imbalance pricing. You know the difference between a hedge and a position, and you've sat through a settlement run that didn't go your way.
Experience with firm vs interruptible capacity, merit-order dispatch and day-ahead / real-time positions is relevant. Intelligence adds capability, security, latency and jurisdiction to qualification. Sovrgn is developing a market structure for those constraints, not copying electricity dispatch line for line.
What you'll do
- Stand up the UK sovereign instance end to end — providers, residency boundary, and the on-ramp.
- Own the buy side: bring UK businesses and agencies onto the instance and grow demand.
- Own the sell side: bring in-jurisdiction capacity onto the market — sovereign silicon, spare GPU, firm and floating.
- Run the market itself: Firm, Floating and Reserve positions, buyer qualification rules, dispatch and settlement design.
- Be the face of sovrgn in the UK — regulators, insurers, and the people who'll one day require this control.
What we're looking for
- You have personally carried a GB power or gas book — a trading desk, a utility, a supplier, an aggregator/VLP, or a large industrial load.
- Fluent in the GB market: day-ahead and intraday, the Balancing Mechanism, imbalance/cash-out, and (bonus) Capacity Market and ancillary services.
- You settle debates with numbers. Merit order, spread/basis, constraint and balancing costs, and the cost of certainty are second nature.
- Commercial range: you can talk to a director, a developer, and a regulator in the same week.
- AI-native or AI-curious. You don't need to write the router — you need to understand the market it runs.
- UK-based or willing to be. Most of the work is in-room with customers and counterparties.
Bonus points
- Origination or structuring experience — PPAs, tolling, bespoke hedges.
- Grid-operations or NESO (National Energy System Operator) / system-operator background.
- You've built a desk or a book from scratch, not just inherited one.
Why this desk
- First in seat for your market. You're not inheriting a playbook — you're writing it, the way you always wished your old desk had let you.
- Familiar market instincts applied to a harder clearing problem: demand, capacity, reserve and dispatch, with capability, model, security and jurisdiction added.
- Direct line to the founders. Decisions get made in hours, not weeks.
- Equity for the right person.
How to apply
Use the form at the bottom of this page — tell us which book you ran and where. A short note on the trade you're proudest of (or the one that taught you the most) goes a long way.
We read every application but won't reply to everyone — if we want to talk, we'll reach out.