Senior Originator at Statkraft

Paris, Ile-de-France, France -

Full Time

Start Date

Immediate

Expiry Date

12 Mar, 26

Salary

0.0

Posted On

12 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Energy Markets, Origination, Negotiation, Structured Transactions, Battery Offtake Agreements, Portfolio Management, Market Fundamentals, Relationship Management, Cross-Market Optimisation, Power Contracts, Commercial Mindset, Team Collaboration, Regulatory Monitoring, Communication Skills, French Language, English Language

Industry

Electric Power Generation

Description

Company Description Why Statkraft? Statkraft has been making clean energy possible for over a century. Today, we are Europe’s largest renewable energy producer and a global company in energy market operations. The business area Markets is responsible for commercially optimising and developing Statkraft’s flexible generation portfolio as well as providing market access, supporting investment decisions and securing long-term value through global hedging strategies. As part of the Markets business area, the Origination division creates value for our customers and the societies we operate in. We also continually innovate, putting renewable energy to work in new ways, even as the market structure and regulatory environment evolves. Origination is a market-facing division bringing renewable energies to the market and to consumers by offering tailored energy solutions to help maximise value for customers. Working in Southern European Origination Within the Origination division, the Southern European Origination business concludes non-standard, structured and often complex wholesale transactions in Spain, Portugal, France, and Italy. We have been a first mover on long-term PPAs in Spain, and across our countries of responsibility we have by now contracted more than 100 long- and short-term wind and solar PPAs. The business is planning to significantly grow its business in regional and product scope over the next years. The responsibilities within Southern European Origination are split between Origination Iberia (Madrid), Origination France (Paris), Origination Italy (Milan), and Portfolio Management (Düsseldorf). While the Origination teams focus on originating, structuring, and negotiating value-adding transactions, Portfolio Management is the custodian of the portfolios – responsible for valuing and wholistically managing all portfolio exposures in the market, as well as providing the model, data, tools and process landscape fundamental to our activities. The Southern European Origination business model is unique in that complete commercial responsibility for managing risk resides within the business. Local origination and portfolio management closely collaborate on a joint “one team – one PnL” philosophy per region – that is, we all have “skin in the game”. Job Description Your role: You will report to the Head of Origination France, be based in Statkraft’s Paris office and work within a team of dynamic and skilled originators. The key aspects of the role are the end-to-end origination of new business for France, supporting to manage the existing portfolio as well as business development. Your responsibilities will include: Identify, develop, negotiate and execute structured energy transactions with embedded optionality in the French markets with a focus on long-term battery offtake agreements Contribute to pricing of BESS income streams, including ancillary markets revenues and optimiser performance Contribute to the scaling up of the portfolio of other non-standard power, multi-commodity and guarantees of origin (GoO) contracts in the French market Contribute to the knowledge build-up of market fundamentals/understanding of power and GoOs in France Develop and maintain relationships with large buyers of electricity such as industrials, corporates, suppliers/retailers Develop and maintain relationships with upstream generators, IPPs, project developers, investors, banks, utilities and merchant traders Work closely with the other Origination and Portfolio Management team members for new deal origination, structuring and pricing in order to grow and optimize the portfolio Manage entire deal approval process with internal stakeholders and take full front-to-end ownership of implementation of new deals and products and contract management over the lifetime To be successful in this role requires that you: Possess a curiosity and continuous drive to uncover opportunities. Your creative, out-of-the-box thinking is highly valued. Continuously monitors regulatory and market developments to proactively capture emerging opportunities Have an outgoing personality and a confident, business-oriented communication style marked by assertiveness and determination. Show self-initiative and take ownership of topics within your purview Maintain an extensive network within the energy industry and actively capitalize on it to drive Statkraft’s strategic growth Have a structured and sustainable approach to work, with appropriate attention to detail and aligned with management and business objectives Have the maturity to know when to delegate and coordinate the efforts within the team, or with other internal stakeholders when needed Take a wholistic view of our business, with strong alignment to the “one team, one PnL” principle Proactively and critically contribute to strategic discussions Have impact on the portfolio management interface, challenging and contributing to products and pricing Qualifications University degree in economics, engineering, business, or similar is required At least 5 years of professional work experience in energy markets, previous commercial (front office) experience in the French power market Experience in origination, structuring and negotiation of battery offtake agreements Experience in cross-market optimisation including ancillary markets of flexible assets in the French market, preferably batteries Experience and familiarity with non-standard power contract terms, ideally with long-term renewable off take agreements / PPAs and master trade agreements, such as EFET, ISDA Strong understanding of and view on European power market fundamentals, interconnections, generation assets, market players and market regulations Strong team player able to co-operate with other team members and internal support desks (Operations, Risk, Legal, other Front Office desks) to head the deal lifecycle from initiation to execution Strong commercial mind-set and high level of initiative and motivation Fluent in French and excellent communication skills in English

Responsibilities

The role involves end-to-end origination of new business for France, managing the existing portfolio, and business development. Key tasks include identifying and executing structured energy transactions and developing relationships with various stakeholders.