Associate Short Term Portfolio Manager

We are pleased to announce a new opening in our Short Term Portfolio Management Academy in Berlin, to start on September 1st this year.

Our Short Term Portfolio Management Academy provides exposure to renewables and gas portfolio management and systematic short term power trading in an international energy trading company. This is an ideal opportunity for someone looking to develop a career in the world of commodities trading.

After a structured training period, you will be exposed to the balancing risk of our European and Japanese renewables portfolio boosting the PnL by expertly managing the deviations of wind & solar production and optimising the flexibility of our renewables sites through a combination of discretionary trading decisions and support from our automated trading systems. You will monitor the system health of our automated trading systems including our systematic short term power trading strategies that you can also contribute to with new trading ideas. You will also be exposed to the European natural gas portfolio, where you will build responsibility in operating the physical gas asset portfolio (storages, cross border capacities, supply, demand) via scheduling, capacity booking, and short term trading of asset optionality.

In addition to your training for supported development, as part of our Short Term Portfolio Management Academy you can expect to receive a clearly defined career path aligned with transparent growth milestones. Practical experience of renewables or gas portfolio management is not required – but the commitment and hunger to develop a long-term career within our industry is essential.

Please note that, due to the nature of Short Term Portfolio Management, this role will be required to work on a shift basis on rotation. The shift rota will include working during some weekends, bank holidays and nights.

The role will be based in our Berlin office on Ernst-Reuter-Platz, and will include the following day-to-day responsibilities:

Upon joining, you will undertake our bespoke Short Term Portfolio Management training program, providing accelerated career knowledge and expert insights into European power and gas markets.

Working with the fundamental aspects of supply and demand in order to optimise portfolios and execute trades, including ownership of monitoring profit and loss.

Working in a fast-paced team environment whilst managing market and operational risks.

Undertaking regular project work when ‘off shift’ based on your skills and interests. Projects can be analytical, quantitative, operational or commercial.

About You

We are looking for people who are commercially minded and operationally diligent, with a keen interest in becoming experts within the world of commodities portfolio management and / or trading. As English is our 'company language', your English language skills will need to be fluent, both written and spoken, in order to successfully engage in these roles and complete the Short Term Portfolio Management Academy training program.

In addition we believe the following attributes will best set someone up for success, and we will prioritise accordingly:

Knowledge of, and experience with, coding in Python. [Required, this will be tested during the interview process]

A University degree in Engineering, Mathematics or another quantitative subject.

Analytical and highly numerate approach, with strong attention to detail.

Demonstrable knowledge and thorough understanding of European power and / or gas markets.

Strong communication skills, with the ability to collaborate effectively across the Short Term Portfolio Management Team and the wider global business.

A proactive, pragmatic problem solver with a strong bias for action.

A positive and team-oriented mindset.

Ability to thrive in a fast-paced trading environment.

What we offer

Competitive compensation and participation in Engelhart’s discretionary bonus plan.

28 days of annual holiday entitlement plus Berlin public holidays.

€3,000 per year contribution to a private pension scheme on your behalf.

€20 monthly subsidy towards BVG tickets.

€25 monthly subsidy towards ClassPass membership.

A subsidy for German language courses to help you immerse yourself in the local culture.

A sociable working environment with an open, international culture.