Nordics Originator

Company Description

Vattenfall is one of Europe’s largest producers and retailers of electricity and heat. Our main markets are Sweden, Germany, the Netherlands, Denmark, and the UK. The Vattenfall Group has approximately 21 000 employees. We have been electrifying industries, powering homes and transforming life through innovation for more than 100 years.

Business Area (BA) Markets maximises the value of Vattenfall’s portfolio by optimising and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimise flexible assets such as batteries, and enter into origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in gas electricity, emissions, fuels, freight, and renewable certificates. We are the architects and owners of algorithmic trading solutions and manage the risk for the company wide gas positions. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with around 500 professionals working from Sweden, Germany, The Netherlands, and The UK.

Job Description

Within Markets, the Business Unit Customers is responsible for the Commodity Origination business. We offer our customers the opportunity to trade energy commodities, providing sustainable energy services and generate profitable origination transactions for Vattenfall. In addition, we take over the optimisation and market integration of renewable assets. In our Origination team we work on non-standard deals by identifying and putting together pieces of a puzzle. We enjoy exploring anything that has not been done before to get the next sustainable business idea over the line. Vattenfall offers you this exciting opportunity to take a leading role in paving the way towards a fossil free future!

We are now looking for a (senior) Nordics Originator to strengthen our team.

Your role

As our Nordics Originator you are expected to identify, develop, negotiate and implement new business opportunities as well as maintain regular semi-standard deals in order to develop our trading business and mitigate our risks. The main focus areas of the successful candidate will be on opportunities in the Nordics energy markets (Sweden, Finland, Norway and Denmark). Deal closure includes all internal approvals by relevant committees and contract negotiation. There is also the chance to work on a varied range of structured energy commodity transactions and non-standard contracts covering power, gas, certificates, biomass and flexibility products, where Origination holds the relationship to external counterparties. You will join a diverse team where close cooperation with our trading and asset business units, customer & solutions business area, as well as other important stakeholders is required. We expect that you will bring experience from one or several of the energy commodity areas we aim to strengthen.

You will have the following tasks and responsibilities:

• Identify structured / non-standard trading, asset & customer-based opportunities, with a main geographical focus in the Nordics markets
• Identify potential new clients and follow-up on current leads
• Grow and innovate Vattenfall’s Origination business and drive PnL generation
• Manage and drive onboarding process for new counterparties until deal closure and follow up to ensure robust implementation
• Facilitate decision making processes, potentially involving executive group management
• Internal coordination with Legal, Trade Control, Reg Ops, Market and Credit Risk, Finance

Qualifications

Your profile

To be smoothly up and running in this role you bring these hard skills and personal characteristics:

• High degree of commercial focus, strong business acumen and PnL responsibility
• Ability to structure complex energy transactions, taking ownership and responsibility for deals in order to drive them from idea generation to deal closure
• Experience in physical and financial energy markets in the Nordics region
• Existing network in the energy trading market
• Strong self-motivation to achieve PnL in a challenging and rapidly evolving environment
• Fluent in English
• Swedish and/or Finnish language skills is desirable
• Perseverance & resilience
• Growth mindset that embraces opportunity and creativity
• Strong communication and interpersonal skills
• High assertiveness and solution-focused thinking

Additional Information

Location

The location of this position is in Solna (Stockholm) and hybrid working is currently the norm. Other locations in the Nordics can also be an option and is to be discussed.

Our offer

We offer an interesting and challenging job within one of Europe’s leading energy companies and in a vital business area where we expect substantial growth within the next few years. You will be part of a innovative, dynamic and high performing team active in a rapidly changing market which provides quick feedback and reward. Initially you will work closely together with our market leading experts on market analysis and intraday trading and then your responsibilities will grow gradually as you are building knowledge and expertise. Over time you will have great opportunities to influence and steer your career path according to your own aspirations.

At Vattenfall we are convinced that striving for diversity helps to build a more profitable, efficient, and attractive company. Therefore we seek a harmonious balance of employees in terms of age, religion, gender identity & expression, sexual identity, disability and ethnic background. Read more on how we work with diversity and inclusion here: https://careers.vattenfall.com/about-us/diversity-and-inclusion/

For more information about the position you are welcome to contact recruiting manager Honey Duan, honey.duan@vattenfall.de. For information regarding the process please contact recruiter Carolina Osterman, carolina.osterman@vattenfall.com

Trade union representatives: Jens Morell (Unionen) and Sven Gunnar Gremlin (Akademikerna). To get in contact with the representatives, please call Vattenfall switchboard +46 8 739 50 00.

Application

We welcome your application, with CV no later than February 11th, 2025. Please note that we will not handle applications sent to us via e-mail. As we may conduct interviews on an ongoing basis, we encourage you to apply as soon as possible.