Portfolio Manager - Generalist

Job Description

Statkraft is the largest generator of renewable energy in Europe and an established participant within the various US environmental commodities markets.

As part of the Origination department, the Origination team sources and manages a long-term portfolio of third-party renewable energy contracts and environmental commodities.

This portfolio usually consists of Power Purchase Agreements (PPAs) and long-term sales contracts with a variety of large customers and trading partners, and standard offtake contracts.

As a Portfolio Manager within the Origination team, you will be responsible for supporting the existing team with your individual strengths.

Depending on your area of expertise, you will be responsible for an area of the business, (e.g. market execution, risk analysis, new commercial ideas, etc.

and support the existing team on the remaining components of Portfolio Management including working closely with originators You will lead through your expertise and commitment to collaboration.

As a generalist PM, you will be responsible for or support the following :

Work closely with the business and various departments across the business to provide daily pricing advice, forecasting and support regarding standard pricing and special conditions.

Along with the team, build and maintain Statkraft’s power market portfolio (PJM-focus initially)

Work closely with originators for new deal origination, structuring and pricing.

Develop both quantitative and fundamental view of relevant environmental markets (including risks related to managing an intermittent renewable portfolio) 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.

Constantly improve modelling tools and optimization approach, actively shape the set-up of state-of-the art portfolio management infrastructure and procedures .

Interact with credit, operations, and trading teams as necessary to advance transactions.

Develop and maintain strong relationships with proprietary trading team, creating an atmosphere of collaboration and information sharing .

Assess and translate competition, industry trends, emerging customer challenges, and changes in the marketplace into market strategies and product offerings.

Take care of day-to-day administrative issues related to the portfolio.