Sr. Portfolio Manager - Power

Sr. Portfolio Manager - Power

Gunvor is accelerating its presence in the Power sector, building a North American portfolio focused on thermal generation, energy storage, and structured offtakes. We are seeking a Sr Portfolio Manager to work closely with the Head of North American Portfolio Management Power in executing energy management solutions across both owned and third-party assets.

The role will combine commercial structuring, trading, and portfolio optimization, with responsibilities spanning from structuring and pricing risk management solutions (HRCOs, battery tolls, load firming for data centers) to implementing energy management agreements and developing asset-backed trading strategies.

This is a unique opportunity to join at the early stage of a platform build-out, where the successful candidate will have high visibility, broad responsibilities, and significant impact.

Key Responsibilities :

• Shape commercial assumptions for asset valuation models in support of M&A / Corp Dev processes.
• Lead the design and execution of Energy Management Agreements (EMAs) with third parties.
• Structure and negotiate risk management solutions, including :
• Heat Rate Call Options (HRCOs)
• Battery tolling agreements
• Load firming products (e.g., data center supply structures)
• Trade forward hedges (capacity, power, gas, emissions) linked to managed assets.
• Develop and implement asset-backed trading strategies to maximize risk-adjusted returns.
• Manage congestion rights, nodal spreads, and other products relevant to portfolio value.
• Proactively identify market opportunities to enhance the value of the portfolio.
• Contribute to building Gunvor's commercial and trading capabilities for power assets.
• Help establish pricing approaches, risk frameworks, and portfolio reporting.
• Coordinate with transversal teams (quants, risk, middle / back office) to ensure robust execution.
• Provide performance updates for internal stakeholders and external partners.

Candidate Profile :

Company Profile :

Founded in 2000, Gunvor Group is one of the world's largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded most. With strategic investments in energy infrastructurerefineries, pipelines, storage, terminals, mining and upstreamGunvor further generates sustainable value across the global supply chain for its customers.

Gunvor has more than 1,600 employees and it maintains offices in Geneva, Singapore, Shanghai, Dubai, Nassau, Amsterdam, and numerous other locations, with new offices planned in strategically relevant markets. The Houston office opened in August of 2016 under the name Gunvor USA.