Our client
Electrabel is a leading European utility with activities across Europe and is positioned in Europe as a provider of comprehensive and tailor-made energy solutions. Electrabel is part of SUEZ, an international industrial and services group that is active in energy and the environment.
Electrabel Trading & Portfolio Management is an active trader on all of Europe’s energy markets and the number one trader of continental gas (TTF & Zeebrugge) and power (France, Holland, Belgium). By actively managing Electrabel’s positions in power, natural gas and other related energy products, the team plays a central role within the company by optimising Electrabel’s European portfolio. The Trading and Portfolio Management team develops and offers the most innovative products and services to our customers by combining physical delivery, transmission access and financial instruments.
Electrabel is constantly looking for young professionals with an education background in engineering, economics and finance. Career opportunities are offered in Belgium and other European countries. Electrabel is currently looking for 30 International Traders, Portfolio Managers and Originators to strengthen its trading division in the headquarters situated in Brussels.
TRADER
Tasks & Responsibilities
As a trader, you will:
• Manage a trading book for a specific geographic area and commodity;
• Quote prices, bring liquidity and take physical/financial positions on the market;
• Analyze energy markets and the factors influencing them;
• Work in a team environment
• Report internally about the market and trading strategies.
Profile
• Master university degree in economics, finance or engineering;
• 0 to 3 year of work experience;
• Fluent in English and knowledge of an additional European language.
• Analytical mind;
• Able to make rational decisions under stressful situations;
• Result-oriented, autonomous;
• Additional qualifications in business or risk management (auditing, banking, trading in a bank or energy company) is a plus;
• A first relevant experience in the energy industry is not mandatory, but is a plus.
PORTFOLIO MANAGER
Tasks & Responsibilities
As a Portfolio Manager, you will:
• Analyze and understand Electrabel’s European asset portfolio, in all its complexity in physical and financial commodity risks, foreign exchange risks, weather risks, plant risks etc;
• Structure the portfolio into a comprehensive & logical book/risk structure and the global view on the financial risk position;
• Designing hedging strategies in line with the company’s hedge policy, performing a detailed market and portfolio analysis in close collaboration with Trading and the Structuring desk;
• Execute hedging strategies through the sales and trading channels, translating the asset hedging strategy in the communication towards the local portfolio management departments, the Sales departments and Trading;
• Report on the hedging strategies and their status of execution;
• On a monthly basis, support the Controlling department in explaining the deviations in future portfolio value and the deviations between realized results and budgeted results.
Profile
• Master university degree in economics, finance or engineering;
• 0-3 year of working experience;
• Fluent in English and knowledge of an additional European language.
• Strong analytical and reflective mindset;
• Additional qualifications in business or risk management (auditing, banking, trading in a bank or energy operator) is a plus;
• A first relevant experience in the energy industry is not mandatory, but is a plus.
ORIGINATOR
Tasks & Responsibilities
As an originator, you will:
• Based on in-depth European Energy market knowledge, create, proactively promote, negotiate and sign non-standard and innovative products with authorized counterparts and internal parties;
• Ensure proper deal execution and invoice settlement;
• Gather the customer’s requests and all contextual information and structure this information within clear and accurate transaction term sheets;
• Provide answers to customer requests swiftly and professionally and review the quality and market consistency of the requested quotations delivered by Trading or Internal Portfolio Management;
• Ensure the operational follow-up of booked transactions; participate actively to daily reports when needed and Electrabel’s market bullets; make sure that the transaction’s embedded market, legal, operational and credit risks are fully understood, booked and reported within the organisation.
Profile
• Master university degree in economics, finance or engineering;
• 0-3 years of working experience;
• Fluent in English and knowledge of an additional European language;
• Commercial, persuasive, negotiator with excellent communications skills;
• Entrepreneurial mindset;
• Analytical skills;
• Additional qualifications in business or risk management (auditing, banking, trading in a bank or energy operator) is a plus;
• A first relevant experience in the energy industry is not mandatory, but is a plus.
Our offer
• Clear responsibilities and numerous challenges;
• A very stimulating international working environment;
• Competitive salary package;
• Career opportunities;
• Training & development (internal mobility);
• Work-life balance.
Interested?
If you are interested in joining Europe’s front-runners in the energy sector, please send your resume at electrabel@futurestep.be. If you want more information, please contact Virginie Berteloot +32 (0)2 645 07 40.
