Interested in joining a growing multinational business and taking a central role in one of Europe’s leading renewable energy trading teams? We’re looking for an experienced Portfolio Manager to join our Physical Asset Management (PAM) team, that can help us meet our high ambitions for growth and help move energy into a fully renewable future.
Join us at Centrica Energy Trading (CET) as our new experienced Portfolio Manager, where you’ll be providing the energy market expertise to help deliver on our long-term strategy of being the No. 1 Renewable Energy Trader in Europe and world-class globally. You will get a chance to be involved in the future of energy and work in a vibrant business environment with some of the world’s biggest investors and businesses looking to re-shape the energy industry and move towards a low carbon economy.
The vision of the PAM team is to create the finest valuation and pricing engine in the industry, that continuously shapes and supports the valuation needs of changing physical energy products and solutions. Together with our Asset Hedging department, the PAM team ensures that we constantly manage the commodity risks of Centrica and our clients.
The position is based out of our main office in Aalborg. However, the right candidate can work remotely from our offices in Copenhagen, Hamburg, or London. We are also very happy to talk about flexible working.
We move energy into a fully renewable future
Energy markets are increasingly dominated by an ambitious decarbonization agenda, and so are we. Leveraging our in-house talent and specialists, extensive market expertise, technical capabilities, and the strong balance sheet of Centrica plc, we’re focused on delivering on the net-zero agenda as a vital enabler of our future growth. Our ambition is to become Europe’s No. 1 renewable energy trader and a globally important player, and we’re delivering on an ambitious corporate- and commercial strategy to make those ambitions a reality. As one of Europe’s largest energy trading companies, we offer an opportunity to work directly with paving the way for a cost-efficient and sustainable transition to zero-carbon energy, where you will play a key role and make a real impact on the future energy system in Europe. Our work culture is flexible, entrepreneurial, and collaborative, marked by a high pace and equally high ambitions, but also emphasizing social engagement and having fun.
Make an impact as our next energy market and commercial expert
As our new Portfolio Manager, you will be commercially responsible for our physical Power Purchase Agreements, including wind, solar and hydro PPAs, production and grid-scale consumption as well as renewable flexibility. You will ensure profitable contracts with third-party asset owners through precise physical risk valuation, pricing, portfolio optimization and improvement of internal management processes. You are a market and product expert, and you will have a central role in making sure this critical understanding is kept updated and cascaded across the organization. Team spirit and thriving with communication is key – with your constant eye to the market development and valuation competencies, a part of your role will be to take part in cross-functional business and product development activities.
An in-field strategic player with strong market understanding and the ability to engage
Your finest and most important task is naturally centered around our portfolio – pricing physical energy solutions and cases in all European markets, following up on the performance of our physical asset portfolios, and providing suggestions and actions to optimize these. Further tasks include:
- Staying up to speed with market developments and engaging in product and business development initiatives and task forces
- Consulting with traders and analytics teams to improve tactics, and driving the improvement of cross-value chain processes
- Aligning valuation, product and pricing solutions with Asset Structuring and Hedging, as well as with our Origination teams.
Proactive and analytically minded team player with knowledge of physical power markets
We expect that you hold a degree with focus on analytical subjects, and some experience as a power trader or portfolio manager from a similar position. With your knowledge of physical power markets, you understand the drivers of the energy market as well as the changes and transition that will impact the industry in the coming years. You take a holistic approach to the role, keeping a keen eye on physical market risks, but also assessing other factors in your analytical work.
On a personal level you work independently and proactively, and you write and speak English fluently to communicate across all layers of the organization, across cultures and with external market players.
We are looking forward to hearing from you