(Senior) Originator Italy, Milano, (m/f)
- Full-time
- Business Units: MO - Origination
Company Description
Who We Are
Statkraft Markets (Origination):
Statkraft has been making clean energy possible for over a century. Today, we are Europe’s largest renewable energy producer and a global company in energy market operations.
The business area Markets is responsible for commercially optimising and developing Statkraft’s flexible generation portfolio as well as providing market access, supporting investment decisions and securing long-term value through global hedging strategies.
As part of the Markets business area, the Origination division creates value for our customers and the societies we operate in. We also continually innovate, putting renewable energy to work in new ways, even as the market structure and regulatory environment evolves. Origination is a market-facing division bringing renewable energies to the market and to consumers by offering tailored energy solutions to help maximise value for customers.
Southern European Origination:
Within the Origination division, the Southern European Origination business concludes non-standard, structured and often complex wholesale transactions in Italy, Spain, Portugal, and France. We have been the biggest long term PPA off-taker in Italy in 2022 and years before a first mover on long-term PPAs in Spain. Across our countries of responsibility we have by now contracted more than 100 long- and short-term wind and solar PPAs. The business is planning to significantly grow its business in regional and product scope over the next years.
The responsibilities within Southern European Origination are split between Origination Iberia (Madrid), Origination France (Paris), Origination Italy (Milan), and Portfolio Management (Düsseldorf). While the Origination teams focus on originating, structuring, and negotiating value-adding transactions, Portfolio Management is the custodian of the portfolios – responsible for valuing and wholistically managing all portfolio exposures in the market, as well as providing the model, data, tools and process landscape fundamental to our activities.
The Southern European Origination business model is unique in that complete commercial responsibility for managing risk resides within the business. Local origination and portfolio management closely collaborate on a joint “one team – one PnL” philosophy per region – that is, we all have “skin in the game”.
Job Description
Role Description
A (senior) originator in Italian Origination plays several critical yet diverse roles within the business. These might be variously described as:
- Business Developer
- Networker and Market Player
- Negotiator and Solution Finder
- Business Enabler and Deal Maker
Responsibilities:
- Develop and maintain effective relationships with electricity market stakeholders in Italy
- Identify, develop, negotiate and execute structured energy transactions in Italy
- Explore the market and work out opportunities for new products
- Manage end to end deal approval processes with all internal stakeholders
- Support and manage issues arising from existing transactions
- Close collaboration with your team mates, but also with colleagues across other business and support units
Requirements of the Role:
To be successful in this role requires that you:
- Possess a curiosity and continuous drive to uncover opportunity. Your creative, out-of-the-box thinking is highly valued.
- Be willing to make and justify decisions under uncertainty and accept the risk that goes with this.
- Show self-initiative and take ownership of topics within your purview.
- Recognise that we have “skin in the game” and act accordingly – give attention and scrutiny to matters relative to their value and potential impact or risk.
- Project gravitas and credibility when presenting ideas and aligning on business topics with portfolio managers and management
- Proactively and critically contribute to strategic discussions
- Have impact on the portfolio management interface, challenging and contributing to hedging and pricing
Qualifications
Qualifications:
- At least 3 years’ experience in similar roles, with shared and/or individual PnL responsibility
- Experience with complex power contracts and industry standard such as EFET and ISDA
- Strong understanding of the Italian power market
- University degree in a relevant field of study
- Excellent quantitative and analytical skills
- Written and spoken fluency in Italian and English is essential
Additional Information
If you feel spoken to, please reach out. We’d love to hear from you.
What we offer:
A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between, we have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.
This includes:
- Extensive professional and personal learning and development opportunities
- The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds
- A diverse workplace with regard to gender, age and cultural background
Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.
Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.