Renewable Energy Portfolio Specialist

7 days ago


Oslo, Oslo County, Norway TN Norway Full time

Company Overview

Statkraft, a leading renewable energy company, has been driving the transition to a cleaner energy future for over 125 years. With its strong presence in Europe and the US, Statkraft is well-positioned to capitalize on the growing demand for sustainable energy solutions.

Job Description

We are seeking an experienced Portfolio Manager to join our Origination team in Norway. As a key member of the team, you will be responsible for managing a portfolio of third-party renewable energy contracts and environmental commodities. Your expertise will help us optimize the value of our US portfolio in the long-/mid- and short-term markets via OTC and screen trading.

Responsibilities

  • Work closely with the business and various departments across the organization to provide daily pricing advice, forecasting, and support regarding standard pricing and special conditions.
  • Build and maintain Statkraft's power market portfolio (PJM-focus initially).
  • Develop both quantitative and fundamental view of relevant environmental markets along the entire curve, liaising closely with team members and analysis functions to share know-how and market views.
  • Optimize the value of the US portfolio in the long-/mid- and short-term markets via OTC and screen trading, develop trade recommendations that enhance portfolio returns within the limits of the mandate.
  • Work closely with existing portfolio managers to identify all cross-commodity opportunities and risks, while being able to report a comprehensive view of the US portfolio.

Requirements

  • 5+ years' experience within the renewable energy sector.
  • Strong fundamental analysis, risk management, and market pricing experience.
  • Excellent quantitative and analytical skills; experience pricing structured, non-standard contracts in power markets.
  • High degree of analytical thinking and problem-solving. The ideal candidate must be able to troubleshoot and resolve issues of quantitative, qualitative, and structural variety.


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