Commodity Originator

Remotely; Hamburg; Hybrid; EUR 110.000 - 190.000; Vollzeit

Benefits dieser Stelle

30 days vacation

Mobile work up to 49%

State-of-the-art office

Zusammenfassung

Vattenfall is seeking a Commodity Originator to drive PnL growth by originating and executing high-value trading opportunities. You will identify new risk pools, negotiate and implement deals while aligning with traders and senior stakeholders to integrate origination into the broader commercial strategy.

You will own end-to-end processes from opportunity identification to deal closure, working embedded with the trading desk and cross-functional teams, ensuring governance and value creation in a

Qualifikationen

• 5+ years experience in energy trading
• Strong commercial mindset with focus on value creation
• Ability to structure and execute complex energy transactions
• Experience in physical and financial energy markets
• Understanding of European energy market and regulation
• Fluent English; other languages are a plus
• Experience working in international, cross-functional teams
• Proactive, independent, and reliable with strong delivery

Aufgaben

• Identify and originate structured and non-standard trading opportunities; lead pitching, mandating and execution of bespoke deals
• Expand risk and value pools to broaden and optimize Vattenfall’s portfolio
• Drive growth and innovation of the Origination business with a focus on PnL
• Continuously scan markets and engage with counterparties
• Collaborate with traders on the Hamburg floor to develop deal ideas and progress the pipeline
• Lead onboarding and drive internal approvals and deal closures
• Coordinate with Legal, Risk, Finance to ensure compliant deal execution

Kenntnisse

Energy trading

Commercial mindset

Structuring transactions

Physical markets

Financial markets

European market

English fluent

International teams

Team player

Mandating deals

Stakeholder alignment

Business case prep

Independent worker

Jobbeschreibung

Company Description

Vattenfall is a European energy company with approximately 20.000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.

Right in the heart of Vattenfall, at Business Area (BA) Markets, you will find an inspiring international environment, with a culture of care and personal growth, enabling you to be who you are, having fun, building strong relationships and learning every day. Find out what our colleagues think about our culture: https://youtu.be/-9qGrDUCptA

We employ around 500 professionals who are active across Europe with offices in Sweden, Germany, The Netherlands, and the United Kingdom to drive the energy transition together. Our role in Vattenfall is to maximize the value of the overall portfolio by optimizing and dispatching, hedging, and sourcing for Vattenfall's sales and generation volumes. We serve as Vattenfall’s single access to energy commodity markets and trade electricity, emissions, fuels, freight, and renewable certificates.

Within Markets BU Customers is offering power purchase agreements to operators of wind or solar parks. We provide market access services to large customers and (regional) energy suppliers and connect demand-side flexibility of industry to stabilize the electricity grid. We furthermore source electricity for Vattenfall’s consumer- and business customers with a strong focus to increase renewable sources of electricity.

Job Description

As our Commodity Originator, your mandate is to drive PnL growth by originating and executing high-value commercial opportunities. You will identify and structure new risk pools, negotiate and implement respective deals, while also maintaining regular semi-standard business to further develop our trading business on the one hand and actively shape our portfolio on the other.

A core focus lies on developing scalable and repeatable deal flows alongside targeted, high-margin non-standard transactions that enhance the overall profitability and optionality of the trading books.

As part of the “Commodity Origination” team you will operate embedded within the trading desk, in close alignment with fellow originators, traders and key stakeholders, ensuring seamless integration of origination activities into the broader commercial strategy and into the trading books.

End-to-end ownership of transactions is expected - from opportunity identification and structuring to negotiation and successful deal closure - in close coordination with the traders, including navigating internal governance processes, securing all required approvals, and leading contract negotiations.

The role requires a strong commercial mindset with a clear focus on value creation.

You have the following tasks and responsibilities

• Identify and originate structured and non-standard trading and customer-driven opportunities, translating market insights into executable transactions. Lead the pitching, negotiation, mandating and execution of bespoke deals.
• Expand and develop differentiated risk and value pools to further broaden and optimize Vattennfall’s portfolio.
• Be a driving force in the growth, innovation and expansion of Vattenfall’s Origination business with a clear focus on PnL generation and value creation
• Continuous market scanning of, identifying and engaging with established and new counterparties.
• Engage in daily exchange with the teams on the Hamburg trading floor to develop and advance innovative deal ideas. Identify potential new clients, ideas and strategies, while actively managing and progressing the existing opportunity pipeline. Manage and progress a prioritised funnel of structured deal opportunities.
• Lead and manage the onboarding process for new counterparties through to successful deal execution and closing. Facilitate and steer internal decision making processes, aligning stakeholders across all levels - from traders on the floor to senior and executive management
• Coordinate closely with Legal, Trade Control, Regulatory Operations, Market and Credit Risk, and Finance to ensure efficient and compliant deal execution.

Qualifications

Your profile

• At least 5 years of relevant experience in the energy trading sphere
• Strong commercial mindset and proven business acumen with a clear focus on value creation
• Demonstrated ability to structure and execute complex energy transactions
• Solid experience in physical and financial energy markets
• In-depth understanding of the structure of the European energy market, its regulation to date and anticipated market mechanisms
• Strong intrinsic motivation to generate PnL in a dynamic, competitive and rapidly evolving market environment. Excellent communication and interpersonal skills, with the ability to influence and align stakeholders across all levels. High degree of ownership, assertiveness and solution-oriented thinking. Fluent in English; additional languages are a plus
• Demonstrated success working in international, domestic and multi-functional teams
• Good team player with demonstrated ability to progress work collaboratively as well as individually
• Experience in mandating deals / business cases; and ability to maintain alignment with Counterparties on mandating processes and timelines
• Effectiveness in business case preparation, articulation, presentation and engagement with Senior Management - obtaining approval
• Independence, self-starting attitude, strong work ethos and high follow-up and delivery reliability.

Additional Information

Benefits

Your development is a priority at Vattenfall BA Markets. Your professional journey will benefit from working in the exciting industry of energy trading, and in interdisciplinary teams. To support your career, we offer opportunities to grow through training, job rotations, talent programs and a working environment that stimulates learning.

Our work culture at Vattenfall is excellent. We have an open corporate culture with flat hierarchies. Modern and flexible working conditions, including mobile work, promote wellbeing. In Germany, our work week consists of 37.5 hours with, in many cases, the possibility to work part-time. Up to 49% of your working time can be mobile work, and you are entitled to 30 days of vacation per year.

Your health is important to us. We provide several health programs and support throughout potentially challenging life situations.

Your colleagues will be another highlight. We employ inspiring people with diverse backgrounds. Together with our culture and your tasks, they form an interesting and fun place to work.

You can find our new state of the art office next to Elbbrücken.

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party, called DISA. In addition, a certificate of good conduct (i.e. criminal record certificate) is required for certain positions.