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Työnimike: Development Specialist

Työnkuvaus:
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2017, our sales were EUR 4.5 billion and 61% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

Generation division is responsible for the large scale power production, physical optimization and trading activities in the Nordic area. This division comprises nuclear, hydro and thermal power production, portfolio management and trading, industrial intelligence and nuclear services.
 

Your role

Trading and Asset Optimization (TAO)
TAO Business area is a part of Generation Division. Generation division is responsible for the large scale power production, physical optimization and trading activities in the Nordic area.
TAO's responsibility is to be a comprehensive business that optimizes the best price for electricity production and consumption, and hedges earnings from these operations with commodity derivatives far into the future. About 95 TWh of physical electricity trading and about 200 TWh of trading in commodity derivatives pass through TAO each year. We operate in several commodity exchanges such as Nasdaq Commodities and ICE, as well as physical electricity markets, Nordpool and TGE (Polish Power Exchange). In-depth understanding of the electricity business and market knowledge are an essential part of TAO's business. In addition, TAO Ventures pilots new start-ups such as Fortum Spring and Fortum SolarPlus.

Risk and Compliance team
Risk and Compliance (RC) team is responsible for risk analysis, reporting and controlling of Fortum's hedging and trading activities in the Nordics, Baltics and Poland. In addition the team is responsible for contract management and credit exposure monitoring, as well as ensures compliance with market conduct and energy market regulations. The team is also accountable for cyber and personal security operations in TAO. Risk and Compliance team is in close co-operation with TAO's front office (financial and physical trading desks), Finance function (business control and back office) and IT representatives as well as with various functions in other Fortum divisions and business units.

Your role
The energy market is getting more complex and external demands on the risk management and compliance for energy trading are constantly increasing. Hence, we have decided to strengthen the market risk and compliance control operations in TAO. Your role as Development Specialist in Risk and Compliance team is to manage and develop trading and risk metrics to enhance the performance of risk management strategies. You will take a lead on developing energy risk management and control processes and you give a core input in developing energy trading and risk management system. You will also be part of daily process of analyzing, modelling, monitoring and controlling market risks. Understanding commodity markets and the fundamental drivers will be vital as underpinning such markets are a key part of this role.
 

We offer you

Trading and Asset Optimization business area provides you the driving seat position in energy market risk management operation in the leading energy trading company in Northern Europe. We offer you to work in a collaborative team and you are able to develop your skill in financial and physical energy management, financial trade through process and trading and risk metrics to enhance the performance of risk management. In addition there is a close co-operation with Corporate Risk Management which is great chance for you to broaden your networks.


Your qualifications

To succeed and thrive you need strong mathematical skills and Master's degree in Economics, Engineering or similar. You have a five years' working experience of evaluating and measuring commodity price risk in portfolio management and trading industry. You are able to utilize market knowledge to understand and explain commercial activities and strategies. Microsoft Excel 2013 with VBA programming skills are an asset. Fluency in written and spoken English is a must. Some of the Nordic languages, Russia or German is seen as advantage as well as Matlab and/or other programming experience. You are proactive and have the ability to work under pressure. You are a team player who contributes to a great team spirit with your communicative and collaborative skills.
To be selected for the position, the applicant must go through background clearance and health examination including drug testing.
 

Interested?

Send your application and CV with salary request via our online recruitment tool at www.fortum.com/careers by March 24th at the latest.
For more information, please contact Suvi Paaso, Head of Risk and Compliance, +358504536054 or suvi.paaso (at) fortum.com or Mikko Kerola, Manager, Risk and Compliance, +358407114662 or mikko.kerola (at) fortum.com.
 
Contact information for Union representatives, switch board number: +46 8-671 70 00
Fortum Akademiker: Per Kenttä
Unionen: Birgitta Henriksson

numberOfPosts: 1

jobCategoriesCodes_0: http://data.europa.eu/esco/isco/C2431

positionTypeCode: directhire

Työnantajan nimi: Fortum Oyj

source: TIVA