Team Lead Energy Portfolio Management (m/f/d) in Renewable Energies
- Elbe BidCo GmbH (Encavis, Hamburg oder Neubiberg bei München)
- Permanent
- Full-time
- 50% Mobile Office possible
What do we rely on at ENCAVIS? The sun. The wind. And on you.
Welcome to the world of Encavis! Our world is all about the power of the sun, the wind and the more than 400 people across our group who are working together to shape the energy system of the future in order to ensure a sustainable energy supply for future generations.
ENCAVIS Management GmbH & Co. KG is the holding company of Elbe BidCo GmbH, one of Europe's leading electricity producers from renewable energies. We operate a broadly diversified portfolio of over 330 onshore wind farms, ground-mounted solar plants and battery storage facilities in 13 European countries with an installed capacity of more than 3.8 GW. And best of all, we are continuing to grow! Our subsidiaries, Stern Energy SpA, which operates throughout Europe as a specialist in technical services for photovoltaic systems, and Encavis Asset Management AG, which specialises in supporting institutional investors, complement our portfolio.
What does this mean for you? The opportunity to make a difference, to shape and change things. As part of a multinational team that enjoys helping to make the energy transition a success.
As the Team Lead Energy Portfolio Management, you will be responsible for advancing our power hedging strategy and managing exposure across all core markets of Encavis. Your primary objective is to establish an optimized position management system with a direct profit and loss (PnL) responsibility, focusing on the delivery years ahead.
Your sunny outlook:
- Build and lead a Quantitative Team dedicated to realizing our shared vision of algorithmic-based portfolio management.
- Collaborate with Originators to structure positions and manage exposure. This involves quantitatively assessing various hedging scenarios using different instruments, such as Power Purchase Agreements (PPAs), for individual projects or portfolios within our European-wide asset base.
- Work in partnership with other departments to enhance algorithmic trade execution of hedges, adapting to market conditions and evaluating new products to mitigate exposure.
- Develop and implement a central Encavis PPA pricing methodology and tool for all commercial departments.
- Analyze trends and developments in electricity markets, monitor long-term price movements, and formulate the Encavis market outlook to inform hedging strategies.
- Utilize quantitative techniques to optimize energy trading portfolio performance and develop innovative strategies. This includes evaluating and analyzing various hedging products and their pricing, with support from the Energy Risk Management team.
- Establish key performance indicators (KPIs) for hedging performance and set up automated position reporting processes.
We'll get wind of that soon:
- You hold a degree in mathematics, physical sciences, or a comparable field.
- At least three years of professional experience in roles such as energy trading, risk management, or developing hedging strategies with own PnL responsibility set you apart.
- Analytical thinking is your strength—you have hands-on experience in statistical analysis and apply stochastic and fundamental models to assess risk/return metrics. Knowledge of meteorological or commodity market data is a plus.
- Expertise in assessing risks and creating hedging strategies, including solving complex challenges in energy trading and portfolio management. Ability to effectively communicate complex quantitative concepts to non-technical stakeholders.
- Proficiency in extracting and manipulating data from various sources. Experience in data extraction from APIs, CSV files, and databases, with solid knowledge of SQL, R, and Python, is preferred.
- Excellent English communication skills to operate successfully in an international environment. German language skills are considered an asset.
What we offer:
Employee Assistance Program
Individual counselling and coaching by the Fürstenberg Institute
Professional & personal development
Comprehensive onboarding, individual training opportunities, language courses, development programmes
Health & well-being
Health platform machtfit (including health budget), health weeks, free drinks and fruits
Lunch offer (only in Hamburg)
Subsidised meals in the office in Hamburg
Culture & Cooperation
Small and large corporate and team events, Giving Back Week, Sustainability Working Group
Employee Bonuses
Finder's Fee for new colleagues
Employee Discount
Use of Corporate Benefits
Mobility
Takeover of the Deutschlandticket and subsidised JobRad
Office room for animals (only in Hamburg)
Possibility to bring a pet to a specially reserved office if the care of a pet cannot be guaranteed
Great Location
Office space next to the river Elbe, easily accessible by bus and train
Provision & insurance
Employer subsidy for company pension scheme and occupational disability insurance, group accident insurance free of charge, subsidy for computer glasses
Work-Life-Balance
Flexible working & mobile office (up to 50%), 30 days holiday (+1 day each for Christmas and New Year's Eve)
Does that sound good?
Then we look forward to getting to know you!
Contact:
Artur Rychter
People & Culture Business Partner
www.encavis.de