Statkraft · 1 month ago
Power Portfolio Manager
San Francisco, CA
Full-time
Onsite
Mid, Senior Level
$170K/yr - $190K/yrStatkraft is a leading company in the renewable energy sector with over a century of expertise. The Power Portfolio Manager will be responsible for building and maintaining the power market portfolio, optimizing its value, and contributing to the business's growth through market strategies and product offerings.
EnergyHydroelectricOil and GasRenewable Energy
Responsibilities
Along with the team, build and maintain Statkraft’s power market portfolio derived from the PPA business (PJM-focus initially). Work closely with originators for new deal origination, structuring and pricing
Optimize the value of the U.S. portfolio through dynamic hedge management and position optimization in long-, mid-, and short-term markets. Execute screen and OTC transactions and propose trade ideas that enhance risk-adjusted returns—taking mandate-aligned risks where appropriate to generate incremental revenue
Develop both quantitative and fundamental views of relevant power markets along the entire curve, liaising closely with team members and analysis functions to share know-how and market views
Proactively contributes to the development and growth of the business:
Identify new market opportunities, and potential value-adding fields
Assess and translate competition, industry trends, emerging customer challenges, and changes in the marketplace into market strategies and product offerings. Help to drive the implementation of the business strategy forward (expansion to new regions/products/markets, deployment of new systems/frameworks, etc)
Work closely with existing US environmental products portfolio manager to identify all cross-commodity opportunities and risks, while being able to report and comprehensive view of the US portfolio
Constantly improve modelling tools and optimization approach, actively shape the set-up of state-of-the art portfolio management infrastructure and procedures
Interact with credit, operations, and trading teams as necessary to advance transactions
Develop and maintain strong relationships with proprietary trading team, creating an atmosphere of collaboration and information sharing
Take care of day-to-day administrative issues related to the portfolio
Create systems and tools to help business scale
Qualification
Required
Strong fundamental analysis, risk management, and market pricing experience
Excellent quantitative and analytical skills
IT & Coding Skills (Python)
Working knowledge of the structure and policy of the PJM power market (and underlying states)
Communication Skills
Entrepreneurial
Attention to Detail
Personal Integrity
Team Player
Benefits
Healthcare coverage
Wellness programs
401(k)-retirement plan with company matching
Generous paid time off
Professional development opportunities
Company
Statkraft
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy.
Founded in 1895
5001-10000 employees
H1B Sponsorship
Statkraft has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (2)
Funding
Current Stage
Late StageTotal Funding
$1.47BKey Investors
Nordic Investment Bank
2025-04-03Debt Financing· $339M
2024-09-11Debt Financing· $48.12M
2024-03-19Debt Financing· $1.09B
Leadership Team
Birgitte Vartdal
President and CEO at Statkraft
Tone Skuterud
EVP People, Organisation and Sustainability and acting EVP and CFO, Statkraft
Recent News
GlobeNewswire
2025-12-12
Company data provided by crunchbase