Portfolio Manager

We are representing a globally recognised company with operations spanning multiple European locations. The organization is a leader in energy procurement and trading, actively managing power purchase agreements (PPAs) and energy assets. It is also involved in trading power, gas, and carbon to ensure efficient hedging, operational excellence, and sustainable practices.

We are seeking a highly motivated and experienced Portfolio Manager specializing in energy trading and hedging to join our innovative team. This position is based in the Mannheim region and offers a hybrid work arrangement, with three days per week in the office.

Responsibilities

As a Portfolio Manager, you will:

• Implement hedging strategies for power, gas, and carbon positions in forward markets.
• Handle PPA exposure management, including assets such as wind projects.
• Procure gas for multiple European locations, catering to both short-term and long-term needs.
• Manage EUA (European Union Allowance) procurement and hedging.
• Create Python-based forecasting and automation tools to streamline processes.
• Develop and execute long-term PPA hedging strategies for forward market positions.
• Work collaboratively within a small, dedicated team to optimize energy procurement operations.

Qualifications

Successful candidates will ideally possess:

• Experience in power, gas, and carbon trading or hedging, particularly in forward markets.
• Proficiency in Python programming for tasks like forecasting and automation.
• A strong quantitative foundation (preferred but not essential).
• Approximately 3 to 8 years of relevant experience, depending on the role level.
• A collaborative and trustworthy work ethic, paired with strong problem-solving skills.
• A willingness to relocate to the Mannheim region.

Day-to-Day

Your daily responsibilities may include:

• Monitoring and managing energy market positions in line with organizational strategies.
• Designing and improving Python-based tools for forecasting and process automation.
• Collaborating with team members to address energy procurement objectives across European sites.
• Strategizing for long-term PPA hedging and forward market planning.
• Exploring opportunities for new initiatives and optimizing existing processes through team collaboration.

This role offers a competitive package, including:

• A competitive base salary ranging from €80,000 to €100,000, based on experience.
• A stable 15% performance-based bonus.
• A hybrid working model, allowing both office-based and remote work.
• Opportunities to grow within a well-established organization with exposure to diverse energy markets.
• Involvement in innovative projects focused on automation and advanced forecasting tools.

Why Join Us?

• Be a part of a collaborative and inclusive team environment.
• Gain hands-on exposure working with energy procurement across multiple European markets.
• Contribute to groundbreaking projects that incorporate innovation and technology.
• Work in a role that emphasizes professional growth and skill development.