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.

Why 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 Senior Manager- Front Office, you’ll report to Head of Trading and Origination in India office and would be working in Statkraft Markets which is responsible for commercial activities and operations for Statkraft’s assets in India. The team’s goal 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. It comprises of specialists in the fields of Deal Origination, Portfolio Management, Market Analysis, Deal Operations, Risk Management, Commercial Project Management. The team works in a cross functional environment with strong links with the local business verticals, including asset development, and with other commercial teams in the global Statkraft organization.

• This role represents a unique opportunity for a candidate who understands the Indian power markets thoroughly, and proactively apply his/her commercial skills to optimize or create value for Statkraft asset and business portfolios.
• 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 will take commercial ownership of business ideas and be expected to define and work on commercial strategies that is in line with the company’s growth strategy, and value principles.
• You are expected to have a deep understanding of the full energy market value chain to derive and execute profitable business ideas.
• The role is heavily reliant (100%) on a hands-on approach.

We look for experienced personnel with the essential skills that includes:

• 10-15 years in a commercial role in the power sector, heavily weighted towards transaction closures in the B2B segment.
• Demonstrated ability towards ideation, deal-making, sales, business development, and people leadership responsibilities.
• Strong expertise and experience of power trading in Indian market
• Demonstrated and strong quantitative/analytical skills to identify market trends, inefficiencies and opportunities which arise through market design or regulatory changes. Sound understanding of the fundamental market drivers of power and energy space.
• Implement and monitor operational procedures for efficient workflow.

A 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 “My work is contributing to saving the planet”.
• A work culture that puts emphasis on the individual, offering flexible working

Expected start date: As soon as possible

Location: New Delhi

 Last date to submit applications: 10th April 2024