Commodity Originator

Company Description

Energy is our contribution to quality of life – day after day. With around 20,000 colleagues Vattenfall provides comprehensive electricity and heating offerings to several million customers in northern Europe. For the work ahead we need people who are fully dedicated to our customers and to a sustainable society – people like you. 

Vattenfall is one of the European market leaders in the generation of renewable energy and is primarily active in Scandinavia, Germany, UK and the Netherlands. Together we discover renewable energy solutions. We also have a significant stake in the growing wind energy market in Western Europe. We are a dynamic company with an international focus and a social face at the heart of society. Our goal is to make fossil-free living possible within one generation. 

Job Description

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!   

 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. 

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. 

 We are now looking for a Commodity Originator to strengthen our team. 

Your role   
As our Commodity 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 of the successful candidate will be to explore, acquire and onboard flexibility into Vattenfall’s portfolio, be it standalone assets or assets linked to system-integration projects. 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, green certificates, CO2, biomass and flexibility products, where Origination acts as the single interface to the market. You will join a diverse team where close cooperation with our trading and asset business units, as well as other important stakeholders is required. We expect that you will bring experience from one or several of the commodity areas we aim to strengthen. 

 You will have the following tasks and responsibilities: 

• Identify structured / non-standard trading, asset & customer-based opportunities, mainly in the area of system flexibility and energy storage 
• 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 

Location    
Amsterdam

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. Familiarity with energy storage systems is preferred 
• Existing network in the energy trading market 
• Strong self-m