Spot Trader Consumption

At Fortum we drive change where it matters. We are a European energy company providing our customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency. Together with our subsidiary Uniper, we are the third largest producer of CO2-free electricity in Europe. With around 19,000 professionals and activities in more than 40 countries, we have the competence and resources to grow and to drive the energy transition forward. We strive to make an impact through a culture of open leadership, curiosity and continuous improvement. Do you want to take an active role for a cleaner world? Come lead the change with us! www.fortum.com
Trading and Asset Optimisation (TAO) organisation optimises the best price for electricity production and consumption and hedges earnings from these operations with commodity derivatives far into the future. About 95 TWh of physical electricity trading and about 200 TWh of trading in commodity derivatives pass through TAO each year. We operate in several commodity exchanges such as Nasdaq Commodities and ICE, as well as physical electricity markets, Nord Pool and TGE (Polish Power Exchange). We also operate Fortum’s hydro plants to enable total optimisation of our hydro fleet in the volatile energy market. In-depth understanding of the electricity business and market knowledge are an essential part of TAO's business. In addition, TAO Ventures pilots new start-ups such as Fortum Spring.
Your role
We are looking for a Spot Trader to join our Customer Balance Management team in Physical Trading unit within the Trading and Asset Optimization (TAO) business area at Solna United in Stockholm area. Customer Balance Management team is responsible for forecasting consumption and buying power for our B2B and B2C customers from Nord Pool as well as selling our own and our customer's renewable production. At Customer Balance Management we also trade ancillary service products towards our system operators. You will be part of a team where operative tasks are combined with development of tools and processes.
We offer you
This is the start of your meaningful career journey at Fortum. We actively encourage job rotation and development activities across the company with open leadership as our guiding principle.
We offer you a front row seat in the energy transition. You will have the possibility to develop your skills in both production optimizing and forecasting wind and consumption for our internal and external customers. In your daily work you will be in close contact and cooperate with the whole physical trading team together with market analysis, hydro operators and balance settlement. The energy landscape is changing rapidly and more focus needs to be put on serving our customers and in our team you can be in the center of it and help in defining new ways of working.
Your qualifications
We expect you to have a Master's degree in a relevant field together with a passion for electricity trading. You can be recently graduated or you have few years of experience from the energy sector. In order to succeed in this position you need to have strong analytical thinking, trading and a constant hunger for growing and learning new things. Interest or knowledge in AI and regression analysis is a plus. In addition to this you work well under stress and as we are a pan-Nordic team both written and spoken English is a prerequisite. It is an advantage if you master one of the Nordic languages as well.
Interested?
If you are interested in hearing more about the position please contact Peter Ström, Manager Customer Balance Management, +46 70 2386020 or peter.strom@fortum.com. In order to apply for the position please use our online recruiting tool and submit your application before 2021-08-24.
Background security clearance including drug tests will be required for this position.
For contact with union representatives in Fortum, please call +46 8 671 70 00. Fortums Akademiker: Per Kenttä, Unionen: Birgitta Henriksson