Senior Originator (h/m/d)

Statkraft is Europe’s largest generator of renewable energy. As a major player in the energy wholesale market, we are developing green power solutions for renewable energy producers and companies from trade and industry. We support our customers on the way to a 100% renewable electricity supply. Join the team and take part in creating tomorrow’s energy world!

Working in Southern European Origination

As part of Statkraft´s global Origination unit, the Southern European Origination team builds and manages a portfolio of non-standard, structured transactions in wholesale energy markets in Spain, Portugal, France, and Italy with a focus on power and guarantees of origin. Set up as an fully integrated business line with a wide mandate and own books, it also counts with its own dedicated portfolio management, pricing and analytics capability based in Dusseldorf. Furthermore, the team cooperates closely with the other regional Origination teams to offer pan-European tailored energy solutions.

The responsibilities within Southern European Origination are divided into Origination Iberia, Origination Italy, Origination France as well as its own dedicated Portfolio Management team based in Düsseldorf. While the Origination teams focus on originating, structuring, and negotiating of value enhancing new transactions, the Portfolio Management provides the analysis, structuring and pricing platform to all non-standard commodity contracts and manages the entire portfolio exposure in the market across the forward curve until delivery. Origination and Portfolio Management closely collaborate on a “one team – one PnL” philosophy per market.

The team has been a first mover and leader in long-term PPAs in Southern Europe and in managing renewable energy risk with more than 130 wind and solar PPAs contracted. In addition, the portfolio consists of tailor-made long-term agreements with large end customers, structured wholesale products as well as standard products.

The team holds one of the largest route-to-market renewables portfolio in France and has concluded first long-term PPAs with producers and large consumers in France. The business is planning to significantly grow over the next years and expand into new products such as flex optimization and electrolysis supply.

Job Description

You will report to the Head of Origination France, be based in Statkraft’s Paris office and work within a team of skilled originators. The key aspects of the role are the end-to-end origination 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 renewable PPAs
• 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

Qualifications

Your profile:

• University degree in economics, engineering, business, or similar is required
• At least 3 years of professional work experience in energy markets, preferably previous commercial (front office) experience in the French power market
• 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 members from 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

Additional Information

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

This includes:

• Extensive professional and personal learning and development opportunities
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds
• A diverse workplace with regard to gender, age and cultural background
• Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.

Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.