Hedging Lead

Company Description
Vattenfall is a European energy company with approximately 20 000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We now want to make fossil-free living possible within one generation. To be able to reach this ambitious goal we are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.
Job Description
Do you want to help shaping a fossil free future?
Business Area (BA) Markets maximizes the value of Vattenfall’s portfolio by optimizing and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimize 3rd party batteries and enter into origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in electricity, emissions, fuels, freight, and renewable certificates. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with more than 450 professionals working from Sweden, Germany, the Netherlands, and the UK.
In Business Unit (BU) Assets we monetize the value of all Vattenfall assets through optimal planning, bidding and dispatching of our conventional and renewable generation. In addition, we are responsible for the development and execution of Vattenfall’s hedging strategy for the overall power generation portfolio. Besides having a leading role in the group-wide hedging process, we are involved in strategic hedging transactions (like renewable Corporate PPA) and other topics concerning the management of group wide commodity exposures. By this, we contribute to the financial stability of Vattenfall, thus enabling our investments into the energy transition.

BA Markets is now looking for the right person in Hamburg or Stockholm to fill the position as
Hedging Lead.


Your Job
In this position, you will have the opportunity to be involved in very-high impact decision making and be able to develop a unique holistic perspective of the financial steering of Vattenfall.
You will be welcomed by a very engaged and diverse team that values cooperation, in an environment where both business and employees can thrive.
The position will be situated in the department Planning & Optimisation Continental, but will work in a cross-functional setup across the organisation.
As Hedging Lead you have the following key responsibilities:
Identification and coordination of issues and themes regarding to the group-wide hedging strategy within a cross-functional team (similar to a product owner)
Quantitative and qualitative analysis of portfolio risks and assessment of hedging strategy options
Communication and documentation of analysis and decision proposals towards senior stakeholders
Liaison with stakeholders of the hedging process (Group Finance, Risk Management, business)
Follow-up, monitoring and analysis of portfolio and market development



Location
Stockholm or Hamburg
Qualifications
Your Profile
You have a solid foundation in financial risk management methodology and quantitative / statistical analysis
You strive to seeing the big picture and have a holistic and structured mindset
You are good at expressing complex problems and situations and know how to present this effectively
You understand how companies are steered financially
You know how energy markets work
You hold a relevant quantitative university degree (e.g. Engineering, Science, Economics)

Additional Information
Our offer
Good remuneration, a challenging and international work environment, and the possibility to work with some of the best in the field. You will be working in interdisciplinary teams and you can always count on support from committed colleagues. We offer attractive employment conditions and opportunities for personal and professional development.


More Information
We welcome your application in English, no later than December 11th, 2022. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website.

For more information about the recruitment process you are welcome to contact our recruiter Carina Böhle via phone: +49 40 79022 1623.
At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.

We look forward to receiving your application!