Along with the team, build and maintain Statkraft鈥檚 power market portfolio derived from the PPA business (PJM-focus initially). Work closely with originators for new deal origination, structuring and pricing
Optimize the value of the U.S. portfolio through dynamic hedge management and position optimization in long-, mid-, and short-term markets. Execute screen and OTC transactions and propose trade ideas that enhance risk-adjusted returns鈥攖aking mandate-aligned risks where appropriate to generate incremental revenue.
Develop both quantitative and fundamental views of relevant power markets along the entire curve, liaising closely with team members and analysis functions to share know-how and market views
Proactively contributes to the development and growth of the business:
Identify new market opportunities, and potential value-adding fields
Assess and translate competition, industry trends, emerging customer challenges, and changes in the marketplace into market strategies and product offerings. Help to drive the implementation of the business strategy forward (expansion to new regions/products/markets, deployment of new systems/frameworks, etc)
Work closely with existing US environmental products portfolio manager to identify all cross-commodity opportunities and risks, while being able to report and 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
Take care of day-to-day administrative issues related to the portfolio