Senior Originator - Energy Markets (f/m/d)

E.ON Energy Markets GmbH

E.ON Energy Markets GmbH is a subsidiary of the E.ON Group headquartered in Essen, Germany. Its main purpose is to bundle access to trading markets for E.ON's regional units, the associated risks and to perform services and additional value-creating activities. This includes the provision of portfolio strategies, risk management concepts and business activities in the field of data and information processing. The company is active in various European countries.

E.ON is one of the strongest operators of European energy networks and energy-related infrastructure, as well as a provider of advanced customer solutions for more than 50 million customers. With a total of over 75,000 employees we are represented in 15 countries. By focusing on two sustainable growth areas and with the acquisition of innogy, we are ideally positioned to drive the energy transition in Germany and Europe.

At E.ON diversity matters. We welcome all people and are convinced that differences make us stronger. Become part of our inclusive and diverse company culture!

We are looking for an Senior Originator (f/m/d) to join our E.ON Energy Markets GmbH team.

Senior Originator - Energy Markets (f/m/d)

Location: Essen, North Rhine-Westphalia, Germany

Your tasks

• Further grow E.ON`s sourcing activities and value contribution through physical or financial commodity transactions of a complex and non-standard nature (Renewable Power Purchase Agreements, flexibility products, gas storages and other transaction structures with embedded derivatives)
• Identify, structure and capture commercial opportunities in existing and new markets for E.ON in a variety of energy commodities (electricity, gas, renewables, and cross-commodities)
• Develop and execute hedging and risk mitigation strategies for positions stemming from origination transactions.
• Work closely with E.ON's portfolio management and front office departments (central and regional) to preserve and grow the value of our portfolio under management
• Analyze markets, identify commercial opportunities, and develop sound origination strategies. Contributes to E.ON's earnings target by delivering on/above budget
• Strong team player who can liaise and steer internal stakeholders (Risk, Portfolio Strategy, Finance, Contract/Legal, etc) in structuring, assessment and approval of transactions
• Experienced networker who is able to develop and keep up excellent relationships with all relevant internal and external stakeholders (Counterparties, Industry Associations, etc.)

Your profile

• University degree in economics, econometrics, finance, physics or engineering.
• Strong technical and quantitative skills.
• Excellent understanding of option pricing theories and tools and their application to physical assets.
• Able to develop pricing tools for market-based valuation of flexible power offtakes, gas storages, cross-border capacities, and other physical energy assets.
• Highly entrepreneurial individual with proven track record in PnL contribution and in the successful conclusion of complex commodity transactions. Lead responsibility for major commercial transactions
• Deep understanding of financial and physical energy markets (futures, forwards, and exchanges). Thorough knowledge of European energy markets.
• Familiarity with market and credit risk management, balance sheet structures, asset valuations methodologies, accounting principles particularly with respect to structured transactions highly appreciated.
• Experienced in and familiar with master trade agreements, such as EFET and ISDA
• Persistence and self-motivated individual, able to excel in an unstructured environment
• Strong communication and interpersonal skills
• Fluency in English is required; preferably able to speak additional European languages

Apart of our inspiring and dynamic inernational working atmosphere we have the following attractive employee benefits to keep you motivated and healthy:

• flexible working hours

• regular trainings

• private car leasing

• free parking space for E.ON employees (Standortabhängig)

• job ticket available

• cooperations with local kindergarten

• family service support

• subsidized canteen

• corporate benefits

• Health offers (e.g. Fitness club and physiotherapy, colon cancer screening, flu protection, etc.)

• E.ON Pension Plan for all E.ON employees

Additionally, we offer:

• A crucial role in shaping E.ONs future in a green and sustainable energy world
• The opportunity to be part of building a top-notch data-driven and green sourcing function for Europes largest energy customer portfolio
• Exciting business challenges to be solved
• A space to develop ideas and create personal impact
• An agile and hands-on environment.
• An opportunity to work with colleagues in multiple E.ON operating regions.

Inclusion

As long as the position is advertised on our careers page, we are looking for suitable candidates (f/m/d). We look forward to receiving your application!

Any questions?