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Portfolio Management Specialist

Overview

  • Join a dynamic Energy Management team within a leading independent power producer in the Iberian Peninsula. Your role will contribute to the growth and development of the Energy Management sector.
  • Collaborate on defining and implementing strategies to optimize energy sales and hedging policies, aiming to boost portfolio profits while mitigating market and operational risks in a volatile power market.
  • Structure and analyze products for negotiation in Power Purchase Agreements (PPAs).
  • Analyze and monitor the position and risk control of the current and prospective portfolios.

Key Responsibilities

  • Assist in the definition, implementation, and enforcement of risk policies for the Energy Management of current and future portfolios.
  • Optimize the portfolio based on market risk analysis, utilizing risk metrics such as P&L, MtM valuation, VaR, and WCS.
  • Develop and implement a market risk strategy for the portfolio, aligning with the company’s hedging policy.
  • Create and refine tools to enhance the analysis and visualization of portfolio positions and evaluate hedges (ERTM).
  • Structure and analyze products involved in the hedging strategy for both short-term and long-term (PPA).
  • Identify and analyze risks based on market fundamentals.

Experience

  • Minimum of 3 years of experience in a similar role.
  • Proficiency in the derivatives market.
  • In-depth knowledge of the Iberian power production market (Spain and Portugal).
  • Experience in risk management related to the energy market.

Education

  • Degree in a scientific-technical field or engineering, with additional training and verifiable knowledge relevant to the position.
  • A Risk Certification (FRM) is advantageous.
  • Knowledge of Python programming is a plus.

Skills Needed

  • Strong operational and problem-solving abilities.
  • Effective planning and collaboration skills.
  • Ability to work well in a team environment.
  • Innovative and proactive mindset.
  • Curiosity and flexibility towards new challenges.
  • Numerical affinity and strong analytical thinking