For our London Portfolio Management team we are currently looking to hire a
Statkraft is Europe’s largest generator of renewable energy and is the leading power company in Norway. The company owns, produces and develops hydropower, wind power, gas-fired power and district heating. Statkraft is a major player in European power trading and has 4200 employees in more than 20 countries
Junior Portfolio Trader
Statkraft is Europe’s largest generator of renewable energy. As a major player in the energy wholesale market, we are developing green power solutions for renewable energy producers and companies from trade and industry. We support our customers on the way to a 100% renewable electricity supply. Join the team and take part in creating tomorrow’s energy world!
Trading & Origination is Statkraft’s central commercial unit for proprietary trading of standard and origination of non-standard energy related products and assumes the role of a market integrator for third party renewable and flexible assets encompassing the supply of power and green solutions to customers in Europe and in the US
Portfolio management requires a resource to work together with our portfolio trader. The role has two distinct facets, 1) developing code to assist position management, deal pricing and valuation, complex deal management, together with and coordinated by our portfolio quant dev team and 2) taking on trading activities alongside our Senior portfolio trader. Trading activities would include hedging retail fixings, execution on behalf of the portfolio(s), and complex deal management.
Developing tools and models in python/C#
Working closely with other quants and traders, the candidate will develop tools to analyse and assess the physical and financial exposures embedded in the UK PPA and Retail Portfolios
Assist the Senior Portfolio Trader in management of the Portfolio, hedging of the portfolio and optimisation of complex deals where they exist in the portfolio.
Work as part of the portfolio management team, providing support to the trading activity, origination activity, and retail activities.
Batchelor / Master’s degree in quantitative discipline - preferably in physics, computer science or mathematics
Software development experience
Commercial thinking, motivated by P&L
Experience in energy trading business an advantage, but not essential
Strong development experience in Python
Excellent IT skills in general – SQL, C#, MySQL
Self-driven with ability to work under pressure to tight deadlines
Excellent communicator, able to explain complex issues
Ability to make a personal impact on reducing climate change
Professional and personal development in a company experiencing strong growth
A positive working environment characterized by competence, responsibility, and innovation
A diverse workplace regarding gender, age, and cultural background
Competitive terms of employment and excellent benefit schemes
Contacts: Lorraine Psaras (VP Talent Management)
Telephone: +44 (0)7436 132895