Power Pricing Expert

The Power Pricing Expert defines implements and governs commercially attractive risk-controlled power pricing for the Spanish market ensuring pricing calculations are correct across all commodities offered. The role connects wholesale-market mechanics with customer product design margin protection invoicing accuracy and digital retail execution combining market and competitor analytics quantitative pricing portfolio management and operational understanding of balancing and ancillary-service costs.

Key Responsibilities

• Design and govern power pricing methodologies for the Spanish retail market - fixed indexed dynamic time-of-use and optionality-based structures - ensuring pricing calculations are correct for all commodities offered (power primary; gas where relevant).
• Price products and commercial options by converting wholesale curves shape and balancing costs ancillary-service exposure forecast uncertainty and margin targets into practical tariffs; build and maintain pricing models risk premia scenarios and back-tests to support launches and repricing.
• Manage the portfolio across its lifecycle - demand forecasting hedging input open-position monitoring margin / P&L attribution - and run periodic reviews to identify growth profitability and rationalisation opportunities.
• Assess balancing and imbalance exposure and intraday re-forecasting needs to reduce avoidable deviation costs.
• Coordinate with the trading desk and portfolio management on quotations fixings and purchases so they are executed error-free and protect or increase final margins.
• Ensure end-to-end pricing accuracy for invoicing - correct customer information pricing components and prices-to-invoice - working across Sales Finance Back office and internal databases.
• Analyse market trends competitor pricing and profitability and monitor OMIE / intraday dynamics REE / ESIOS data balancing ancillary services and regulation; translate intelligence into pricing recommendations and governance materials.
• Work with data and technology teams to enhance pricing tools / systems automate workflows and industrialise pricing logic into dashboards; define pricing controls documentation and post-launch monitoring and report on margins accuracy and P&L.

Qualifications :

• Masters degree in Engineering or Finance
• 3-5 years of experience in power pricing energy trading portfolio management market risk structuring or quantitative energy analytics gained on the Spanish/ Iberian power retail market
• Proven ability to price fixed indexed dynamic and time-of-use retail products plus risk premia and margin build-up
• Advanced Excel and quantitative modelling; ability to build and document pricing models and back-test
• Awareness of pricing governance model documentation risk limits and regulatory / compliance requirements
• Fluent Spanish and good communication skills in English 

Additional Information :

Remote Work :

No

Employment Type :

Full-time