Flex Analyst, Southern European Origination, Düsseldorf, (m/f)

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Flex Analyst, Southern European Origination, Düsseldorf, (m/f)

Full-time

Business Units: MT - Trading & Origination

Company Description

Who We Are

Statkraft Markets (Origination):

Statkraft has been making clean energy possible for over a century and is Europes largest renewable energy producer. Within Statkraft Markets, Origination structures and manages energy contracts—ranging from long-term Power Purchase Agreements (PPAs) to shorter-term hedging solutions.

Southern European Origination:

Our Southern European team leads structured wholesale transactions across Spain, Portugal, France, and Italy. These are often bespoke deals tailored to client needs.

What sets us apart is our business model: full commercial responsibility for both PnL and risk sits within the business. Origination teams in Madrid, Paris and Milan work hand-in-hand with Portfolio Management in Düsseldorf under a “one team – one PnL” setup: we jointly price, manage, and own the commercial outcome.

Portfolio Management (PM) is the commercial backbone of this setup. We price transactions, manage portfolio risk, and execute hedging strategies in the market. To do so, we develop and operate the models, data, and tools that underpin all trading and commercial decision-making.

Flexible assets, especially batteries (BESS), are an exploding market in Southern Europe. As were scaling our position as leading provider of long-term hedging and short-term optimisation solutions for these flexible assets, the mission of the Flex Structuring team is to act as the key strategist and custodian of flex value and risk within the business.

Job Description

The Flex Analyst is a front-office role within the portfolio management team. You will approach your work with a commercial lens: how does it generate PnL, and what risks does it introduce or mitigate? You will work directly on transactions and portfolio decisions with tangible commercial impact.

Your core activities will include:

Analysing asset performance and relevant market dynamics, from historical revenues to short-term trading strategies and long-term market scenarios. The focus is on flex assets, above all BESS, but also on the balancing behavior of our large portfolio of RES assets and understanding the interplay between these balancing costs and flex revenues.

Translating this analysis into commercial strategy: defining products, pricing approaches, and how we structure flexibility purchase agreements (FPAs)

Building and improving pricing tools that are used across a large pipeline of transactions

Deep-diving into the risk/return profile of individual deals, supporting pricing and structuring decisions on high-value transactions

In addition, you will:

Track and challenge the short-term optimisation of our flex portfolio, ensuring performance meets commercial expectations

Develop a deep understanding of how these assets generate value, and feed this back into our modelling and valuation, in close cooperation with our Pricing & Analytics team (who has responsibility for the overall modelling and valuation framework)

What the work looks like:

Highly analytical, working with data and models across short-term markets and long-term scenarios

Direct exposure to large transactions and portfolios, with tangible impact on PnL

Bridging modelling and commercial decision-making—turning complex analytics into actionable insights for valuation, deal structuring and pricing, and trading and optimisation