Job Description

Company DescriptionWhy Statkraft?Statkraft has been making clean energy possible for over a century. That\'s what we offer. 128 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.As part of the Norwegian state owned Statkraft Group, Statkraft Markets Pvt. Ltd. has been in India since 2012. Statkraft is one of the largest traders in the European energy market and an important actor internationally. We trade energy and commodities in more than 20 countries and are active on 13 energy exchanges. Statkraft Markets holds a Category-1 inter-state trading license that allows it to trade unlimited volumes both bilaterally and through power exchange and thereby serve clients efficiently.As Head of Front Office, you\'ll report to Vice President-Market Operations, India and would be working with Statkraft Markets which is responsible for commercial activities and operations for Statkraft\'s assets/portfolios in India. Statkraft Market\'s mandate is to optimize assets revenues, grow, operate, and manage profitable portfolios of structured power transactions and develop business ideas which can be asset backed or risk capital backed. The risk-capital based activity is classified internally as Trading and Origination (T&O). Statkraft Markets is a category-1 Trading License in India and with teams setup with specializations in Deal Origination, Portfolio Management, Market Analysis, Deal Operations, Risk Management, Energy Management, Commercial Project Management and other support/corporate functions. The team works in a cross functional environment with strong links with the local business verticals, including asset and project development teams, and with other commercial teams in the global Statkraft organization. To add further-

• This role and position require a candidate who can drive value creation for Statkraft. His/her commercial skills can primarily create attractive business portfolios and revenue (P/L) propositions for Statkraft\'s activities in India - for both, production Assets and T&O.
• The candidate will take commercial ownership of business ideas (be P/L responsible) - develop and operate on Commercial/T&O strategies that is in line with the company\'s growth strategy, internal policies and value principles.
• This person will be required to support/lead the overall business planning processes and in managing the overall business operations as well.
• While the role requires relevant experience, it also provides a unique opportunity for learning and growth from Statkraft\'s commercial & business expertise in Global Energy Markets, including Europe, where the Group has a market leading position in asset activities and power market operations.
• You are expected to utilize your understanding of the full energy market value chain to derive and execute, analytically and numerically, profitable business ideas. The role is heavily reliant (80%-90%) on a hands-on approach.
• You will be directly responsible to a 2-3-person strong FO team. The size of the team can be scaled up on business requirements.

QualificationsWe look for experienced personnel with the essential skills and background that includes:

• 20 years in a commercial role in the power sector, heavily weighted towards power sales/trading and transaction closures in the B2B segment (demonstratable, as leading and originating).
• Demonstrated ability towards ideation, deal-making, structuring products around electricity, sales, business development, and people leadership responsibilities.
• Strong expertise and experience in portfolio management and modelling/quant skills, with necessary analytical skills to identify market trends, inefficiencies and opportunities which arise through market design, regulatory changes and other factors.
• Implement and monitor operational procedures for efficient workflow/deal life cycle.
• Strong academic background - up to Masters or higher Levels and with very deep exposures to fundamental economic, financial and Quant concepts.
• Candidates with strong experience in Commodity/Energy/Financial derivative Trading are encouraged to apply as well.

Additional InformationA 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:

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leaderships program.
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.
• The opportunity to work somewhere with pride, and to be able to honestly say \xe2\x80\x9cMy work is contributing to saving the planet\xe2\x80\x9d.
• A work culture that puts emphasis on the individual, offering flexible working

Expected start date: As soon as possibleLocation: New DelhiLast date to submit applications: 20th September 2024

Statkraft