Portfolio Manager

U816 Veolia ES (UK) Limited; London Borough of Islington; On-site; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Enhanced company pension scheme

Private Medical Insurance

Company car or allowance £6,600 perann

Virtual GP access 24/7 for you and a/

Finance wellbeing support: early pay,

Job summary

Veolia in London is seeking a qualified professional to lead Capacity Market activities, combining engineering insight with market know-how to drive value for the group. You will own end-to-end responsibilities, engage with cross-functional teams, and shape strategies in a fast-moving energy landscape.

This hybrid London role offers a competitive package and opportunities for career growth within Veolia. Join a diverse, inclusive culture recognised by The Sunday Times as a Best Place to Work,

Qualifications

• Thorough experience in energy markets, operations, engineering, data, or other regulated environments.
• Strong analytical mindset and interest in power systems and market mechanisms.
• Experience working at the interface of clients, markets and technical systems in fast-moving environments.

Responsibilities

• Take ownership of Veolia's Capacity Market activities, generating substantial annual revenue, with full lifecycle management.
• Define and refine portfolio scope with regular steering meetings to align directions and set objectives.
• Develop understanding of energy market direction and translate into actionable strategies and pilot projects with KPIs.
• Register assets with relevant flexibility services and ensure ongoing compliance with participation rules.
• Collaborate with Veolia business units across Energy Markets, IWE, Treatment, Commercial and Municipal.
• Engage with Veolia zones and the Group to share best practice in flexibility and portfolio management.
• Represent Veolia UK in workshops and forums with TSOs/DSOs and market stakeholders.
• Act as main operational and technical contact for clients during onboarding, delivery and operations.
• Develop and maintain processes for performance tracking, risk evaluation, contract management, and regulatory compliance.

Skills

Energy markets

Data analysis

Engineering background

Problem solving

Education

Degree in a numerical discipline (e.g., mathematics, engineering, economics)

Tools

Excel

SQL

Python

Grafana

Power BI

Job description

Ready to find the right role for you? Salary: Competitive salary plus annual bonus, car allowance, medical cover and other Veolia benefits Location: London Head office, N1 9JY - with hybrid working offered Grade: 6.1

When you see the world as we do, you see the chance to help the world take better care of its resources, and help it become a better place for everyone. It's why we're looking for someone who's just as committed as we are, to push for genuine change and bring our ambition of Ecological Transformation to life. We know that everyone here at Veolia can help us work alongside our communities, look after the environment, and contribute to our inclusive culture.

What we can offer you:

• Access to our enhanced company pension scheme
• Private Medical Insurance
• Company car or allowance £6,600 per annum
• Access to a range of resources to support your physical, mental and financial health, so you can lean on us whenever you need to 24 hour access to a virtual GP, 365 days a year, for you and family members in your household
• Stream - Employee financial wellbeing support: early access to your earned pay, savings, budgeting, financial coaching & rewards.

What you'll be doing:

• Take ownership of Veolia's existing Capacity Market activities, generating £ms per year, managing all steps of the process with strong attention to detail and adherence to strict deadlines.
• Operate with a high degree of freedom in defining and refining the scope of portfolio activities, with regular steering meetings with the Head of Flexibility to align direction and set objectives.
• Develop and maintain a robust understanding of energy market direction and the evolving role of flexibility services, translating this into actionable strategies and pilot projects with defined KPIs.
• Responsible for asset registration with relevant flexibility services and ensuring ongoing compliance with participation rules, including instrumentation and data logging requirements.
• Maintain close and regular interaction with Veolia Business Units involved in and impacted by flexibility services — including Energy Markets, IWE, Treatment, Commercial, and Municipal — engaging at all levels from operations managers through to directors.
• Engage with other Veolia zones and Veolia Group to share and promote best practice in flexibility and portfolio management.
• Represent Veolia UK in workshops and forums with TSOs, DSOs, and wider market stakeholders, contributing to Veolia's external profile in the flexibility space.
• Act as the primary operational and technical point of contact for clients throughout onboarding, project delivery, and ongoing operations, ensuring high service quality and long-term client satisfaction.
• Develop, maintain, and continuously improve processes for asset performance tracking, aggregator performance monitoring, risk evaluation, potential assessment, contract management, and regulatory compliance.

What we're looking for:

• Essential:
  • Thorough experience in energy markets, operations, engineering, data, or other technical/regulated environments.
  • Strong analytical mindset and a solid interest in power systems and market mechanisms.
  • Working at the intersection of clients, markets, and technical systems in fast-moving environments.
  • Strong analytical and problem-solving skills.
  • Good understanding of energy markets, power systems, or regulated environments.
  • Ability to work with data and modeling tools (e.g. Excel, SQL, Python, Grafana or similar).
  • Interest in market mechanisms and energy regulation; knowledge of ancillary services is a plus.
  • Operational knowledge of capacity markets is a huge addition.
  • good understanding of fundamentals of flexibility markets.
• Desirable:
  • degree in a numerical relevant discipline (i.e. mathematics, engineering, economics)
  • Specific modelling and technical skills in energy markets.
  • Knowledge and comfort with modelling in Python, utilising Databricks, Grafana, Power BI or other analytical tools.

We're proud to have been named as one of The Sunday Times Best Places to Work for three consecutive years in 2023, 2024 and 2025. This consistent recognition reflects our commitment to our people, demonstrating that Veolia is not just transforming the environment, we’re also transforming what it means to have a rewarding, purposeful career.

As a proud Disability Confident Employer, we will offer an interview to applicants with a disability or long-term condition who opt-in to the Disability Confident scheme, and meet the minimum criteria for our roles.

We're also committed to ensuring that all applicants and colleagues receive fair treatment without discrimination on any grounds, aiming to create a diverse and inclusive workplace where everyone can thrive.

Ready to see the world as we do? Who is Veolia? Where other people see waste, our community here at Veolia see opportunity. We’re determined to push for ecological transformation through waste, water and energy, and are committed to getting the tough jobs done. And most importantly, we see the potential of every member of our team, and are giving them the chance to realise it with us. Whether it’s their potential, their commitment or their impact, we see it all. And with our values being community spirit, responsibility, innovation, customer focus and respect they keep us focused on those who matter – all 14,000+ of our employees, our customers and our communities too.