Senior Commodity Originator
E.ON Energy Markets GmbH is a subsidiary of the E.ON Group, headquartered in Essen, Germany. Our main purpose is to bundle access to trading markets for our regional units, associated risks, and perform services and additional value-creating activities.
This includes provision of portfolio strategies, risk management concepts, and business activities in the field of data and information processing. We are active in various European countries.
We are one of the strongest operators of European energy networks and energy-related infrastructure, as well as a provider of advanced customer solutions for over 50 million customers. With a total of over 75,000 employees, we are represented in 15 countries.
By focusing on two sustainable growth areas and with the acquisition of innogy, we are ideally positioned to drive the energy transition in Germany and Europe.
Embracing Diversity
We believe that differences make us stronger. We welcome all people and are convinced that diversity matters. Become part of our inclusive and diverse company culture.
About the Role
We are looking for an Senior Commodity Originator (f/m/d) to join our team.
Your tasks will include:
* Growing our sourcing activities and value contribution through physical or financial commodity transactions of a complex and "non-standard" nature.
* Identifying, structuring, and capturing commercial opportunities in existing and new markets for us in a variety of energy commodities.
* Developing business opportunities together with other units and orchestrating across functions to deliver business readiness.
* Developing and executing hedging and risk mitigation strategies for positions stemming from origination transactions.
* Working closely with our portfolio management and front office departments to preserve and grow the value of our portfolio under management.
* Liaising and steering internal stakeholders in structuring, assessment, and approval of transactions.
Your Profile
To be successful in this role, you will need:
* A university degree in economics, econometrics, finance, physics, or engineering.
* Strong technical and quantitative skills.
* An excellent understanding of option pricing theories & tools and their application to physical assets.
* The ability to develop pricing tools for market-based valuation of flexible power offtakes, PPAs, cross-border capacities, and other physical energy assets.
* A highly entrepreneurial individual with a proven track record in PnL contribution and in the successful conclusion of complex commodity transactions.
* Deep understanding of financial and physical energy markets (futures, forwards, and exchanges).
* Thorough knowledge of European energy markets.
* Familiarity with market and credit risk management, balance sheet structures, asset valuation methodologies, accounting principles particularly with respect to structured transactions.
* Persistence and self-motivated individual, able to excel in an unstructured environment.
* Strong communication and interpersonal skills.
* Fluency in English is required; preferably able to speak additional European languages.
Why Join Us?
We are united in working on the most exciting issue that our generation needs to solve: climate change. With all our employees and customers, we are a global community of innovators and changemakers, all with the belief that each one of us can make a difference for our environment, for our society, and for our children – We shape the future.
To keep you motivated and healthy, we are offering you the following benefits:
* Flexibility: hybrid work model, flexible working times, sabbatical, or additional vacation opportunities allowing great work-life balance.
* Working from abroad: up to 20 days in the European economic area.
* Flat hierarchies: interdisciplinary and very cooperative working style providing room for own ideas.
* Modern work environment: workplace according to digital and ergonomic standards.
* Personal growth: life-long independent learning making use of a broad range of opportunities working with the newest technology and state-of-the-art trainings.
* Family service support: services in the areas of childcare, holiday care, nursing support, or everyday assistance.
* Nutrition & Health: wide selection of fresh meals and drinks in our subsidized bistro and canteen as well as various health offers (e.g. physiotherapy, flu vaccinations, mental health).
* Corporate Benefits: employee share program, pension scheme, employee discounts, special insurances (and much more).
* A central location: very good public transport connection, free parking, and charging points for e-vehicles.
* Individual mobility: private car and bicycle leasing as well as subsidized Deutschland Ticket.