Portfolio Manager Power
Portfolio Manager Power
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
We are Tibber the energy company that wants you to use less energy. Whaaat Thats right. Well get back to that. Yes we are by definition an energy company but were more techy than most. How and why you might ask. Well a third of our employees are actually working on developing products and solutions that can help you use energy in a smarter way and at a lower cost all with the help of cool fancy tech. Good for our customers their wallets and the planet.
Our growth rate has been truly amazing and still were just getting started. With millions of smart devices connected to the Tibber platform (like electric vehicles and smart thermostats) we have one of the most unique portfolios trading energy on the market.
Job Mission
As a Portfolio Manager youwill be responsible for the development and of energy portfolio strategies for Tibbers retail business across the European markets. This includes managing the risk optimization and profitability of a portfolio of power supply contracts and customer demand.You will work closely with the trading team and commercial teams to ensure the effective management and commercial success of the retail power portfolio.
What youll do
Portfolio Strategy & Development:Develop and implement portfolio strategies to optimize the procurement of power for retail supply considering market conditions regulatory changes and customer demand.Conduct market research and analysis to identify trends opportunities and risks in European power markets (e.g. spot futures and OTC markets).Develop and maintain portfolio models including supply curves demand forecasting and price projections.
Risk Management:Identify assess and manage the financial and operational risks associated with the power portfolio (e.g. price risk volume risk credit risk).Develop and implement hedging strategies to mitigate risks.Monitor and manage portfolio exposure including Value at Risk (VaR) and other risk metrics.Ensure compliance with all relevant regulatory requirements and internal risk policies.
Trading & Optimization:Execute power procurement and trading strategies within the portfolio. Collaborate with the retail and flex trading desk to execute hedging and optimization strategies.
Commercial & Customer Focus:Collaborate with Commercial leads and marketing teams to understand customer demand support in developing tailored supply solutions.Provide insights and analysis to support pricing decisions for retail power contracts.Monitor portfolio performance and provide regular reports to management including key performance indicators (KPIs).
Regulatory & Compliance:Stay informed about regulatory developments and changes in European power markets (e.g. REMIT EMIR etc..Ensure compliance with all relevant regulations and internal policies.Work with legal and compliance teams to address regulatory matters.
Teamwork & Communication:Collaborate effectively with crossfunctional teams including retail and flex trading commercial teams and finance.Communicate effectively with stakeholders at all levels of the organization.Provide training and guidance to members of the team.
What were looking for
Portfolio Management experience
- Minimum 5 years of experience in power portfolio management or energy trading within the European energy market.
- Provenexperience in developing and executing portfolio strategies including hedging and optimization techniques.
- Strong understanding of European power markets including market structures regulatory frameworks (e.g. REMIT EMIR) and trading conventions.
- Experience working with retail power portfolios is highly desirable.
Technical Skills
- Proficiency in power market modeling and analysis withstrong analytical and quantitative skills.
- Expertise in risk management methodologies (e.g. VaR stress testing). Strong knowledge of power trading platforms and market data providers.
- Proficiency in Microsoft Excel and experience with other relevant software (e.g. Python R other data analysis tools) is desirable.
- Bachelors or Masters degree in a relevant field such as Energy Engineering Finance/Economics Mathematics or related quantitative field
Interpersonal Skills
- Excellent communication and interpersonal skills withability to work independently as well as part of a team.
- Strong problemsolving and decisionmaking abilities withthe ability tomanage multiple priorities and meet deadlines.
- Strong attention to detail and accuracy.
- Fluency in English is required and fluency in another European language (e.g. German) is highly desirable.
The Tibber Mindset
Being on a mission to change an industry as we do fundamentally also means being prepared for the unexpected. Tibber is a startup in the words true sense which means we are on a journey of constant change. We do what others say cant be done try and fail together but never lose sight of our users.
We work passionately with sustainability and a circular approach both with our own products and in the entire ecosystem that is affected by everything we do.
Were very proud of being a missiondriven startup with thousands and thousands of new users every month. Starting out with two passionate founders in 2016 were now 300 people working for Tibber in our offices in Stockholm Frde Berlin Amsterdam Oslo and Helsinki and with that number growing each week were still just getting started. We will continue to grow within our markets and we are thrilled to be backed by investors like Balderton Capital Eight Roads Ventures Founders Fund Summa and Schibsted.
At Tibber we are committed to hiring developing and retaining exceptional people regardless of race color religion sex sexual orientation age marital status disability neurodiversity or gender identity. We strongly encourage people from underrepresented groups to apply.
Employment Type
Full Time
