You will be located in Statkraft’s office in Paris or Lyon and lead the French Origination team consisting of five FTEs. You will report directly to the VP Southern European Origination and be part of the management team. Your activities will include:
- Play a pivotal role in the scaling up of the portfolio of non-standard power, multi-commodity and guarantees of origin (GoO) contracts in the French market
- Manage, develop and grow a highly professional and talented team of originators
- Work closely with the other Origination Heads and Head of Portfolio Management for new deal origination, structuring and pricing in order to grow and optimize the portfolio
- Identify, develop, negotiate and execute complex structured energy transactions with embedded optionality in the French markets with a focus on renewable PPAs
- Actively support in the development of a long-term price curve and “market price levels” for illiquid and exotic long-term risks by actively engaging with all relevant market players
- Actively support in the knowledge build-up of market fundamentals/understanding of power and GoOs in France
- Develop and maintain relationships with large buyers of electricity such as industrials, corporates, suppliers/retailers
- Develop and maintain relationships with upstream generators, IPPs, project developers, investors, banks, utilities and merchant traders
- Explore markets and promote new products in collaboration with other desks, channel and distribute information and opportunities
- Originate new - out-of-the box - marketing and trading opportunities with counterparties/clients to enlarge Statkraft’s playing field
- Work closely with colleagues in Milan, Paris/Lyon, Madrid and Düsseldorf office, fellow originators, portfolio managers and risk analysts for new deal origination, structuring and pricing
- Manage entire deal approval process with all internal stakeholders and take full front-to-end ownership of implementation of new deals and products and contract management over the lifetime
Your profile:
- University degree in economics, engineering, business, or similar
- Minimum 10 years of professional work experience in energy markets, previous relevant commercial (front office) experience in the French power market
- Relevant management experience and strong management skills, capable of further the developing the business as well as the team
- Proven track record in the valuation, structuring, negotiation and execution of bespoke non-standard structured power / certificates / cross-commodity transactions
- Experience and familiarity with non-standard power contract terms, long-term renewable off take agreements / PPAs and master trade agreements, such as EFET, ISDA
- Strong understanding of and view on European power market fundamentals, interconnections, generation assets, market players and market regulations
- Solid quantitative modelling skills - demonstrable knowledge of modelling and pricing of complex energy structures as well as financial/investment modelling of power assets
- Strong team player able to co-operate with members from internal support desks (Operations, Risk, Legal, other Front Office desks) to manage the deal lifecycle from initiation to execution into operations
- Willingness to frequently travel between Statkraft offices France, Spain and Germany and to customers
- Strong commercial mind-set and high level of initiative and motivation
- Structured way of working - Planning, Organising & Integrating (Managerial) Knowledge
- Fluent in French and excellent communication skills in English, international work experience
Statkraft offers:
- Professional and personal development in an exciting company
- A positive working environment characterised by competence, responsibility and innovation
- A diverse workplace with regard to gender, age and cultural background
- Competitive terms of employment and excellent benefit schemes
