Intern / Working Student Portfolio Management - Pricing and Structuring

Intern / Working Student Portfolio Management - Pricing and Structuring

Location: Dusseldorf

Please comment in your application if you are available for internship, work student ot both. 

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be  the  solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. 

But there’s more work to be done – that’s why we need you to join us.

Job Description

Working in Portfolio Management

As part of Statkraft’s front office, the Central European Origination team concludes non-standard, structured and often complex transactions in wholesale energy markets. To this end, it cooperates closely with Statkraft’s trading desks and the other regional Origination teams to offer pan-European tailored energy solutions. The responsibilities within the team are divided among Origination, Market Access and Portfolio Management.

Portfolio Management consists of two teams. The Pricing & Structuring team structures and prices all non-standard commodity contracts and manages the resulting position. The portfolio consist of a large portfolio of market access contracts and of tailor-made long-term Power Purchase Agreements (PPA) as well as other non-standard flexible and structured wholesale products. The Quantitative Portfolio Management team aids decision making by analysing large amounts of data, building software tools and ideating as well as programming models for pricing and position management.

As a Pricing and Structuring Working student or Intern, you will work closely with our team of experienced portfolio managers and quants, gaining exposure to some of the various areas of analysis and contributing to ongoing projects. You will have the chance to apply your analytical and programming skills while building an understanding of power and related commodities with a focus on renewables. Specifically, you will

• Play a pivotal role in the pricing of standard market access contracts,
• Support analysts and portfolio managers in pricing of non-standard contracts,
• Perform quantitative analysis on markets, portfolios and pricing methodologies,
• Contribute to the team’s Python libraries,
• Connect, operationalise and pre-process new data sources,
• Create dashboards, reports and visualization tools,
• Manage own quantitative projects,
• Closely cooperate with portfolio managers, originators and key account managers.

Qualifications

• Student of a quantitative discipline (E.g. Economics, Physics, Engineering, Finance , Mathematics )
• Proficient programming skills (preferably Python)
• Strong mathematical and numerical skills

Experiences in these areas are also useful in your role:

• Statistical analysis and time series analysis,
• Software development workflows (e.g. Git),
• Energy markets and trading
• Commercial mind-set with a proactive and independent way of working
• Attention to detail
• Fluent in English

Additional Information

What we offer

At Statkraft, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:

• A collaborative and supportive work environment characterised by competence, responsibility and innovation
• A diverse workplace with regard to gender, age and cultural background
• Flexible working hours to accommodate your study schedule

Our vision is to renew the way the world is powered. To navigate the complex journey ahead, we need every voice at the table. We therefore work actively to be a diverse and inclusive workplace and welcome all applicants regardless of background, gender, age, sexual orientation, religious belief, ethnicity, nationality or disability.

Please note: Statkraft manages critical infrastructure and services in several countries. We conduct background checks on qualified applicants before hire. This may include a conflicts of interest statement from candidates.