Power originator

Company Description

MET Central Europe is a leading player in the Hungarian and Central-European natural gas and power market. We provide our partners with a diverse product portfolio and tailor-made business services (sales and purchase, storage services, logistic and swap services, portfolio management).
In our dynamic team creative and original ideas are always appreciated and innovations are part of the daily routine. We value intellectual horsepower and people who demonstrate proactivity, independence and agility in complex situations. We know you want to feel valued every single day and develop yourself that is why we do performance assessment on a regular basis to help you reach your highest career goals at MET.

Job Description

• Develop the client business for structured power products (prospecting, building commercial pipeline and closing deals) focusing on:
  • Renewable PPAs (offtake and sale)
  • Physical an financial hedging
  • Exotic power products for utility-size flexible assets such as thermal assets (spread options, Tolling agreements, etc.), battery energy storage
  • Illiquid and tailor-made power products
• Evaluate and generate new leads for renewable energy offtake in Eastern Europe, with a focus on Hungary and as secondary focus, Croatia and Slovakia.
• Identify, develop, negotiate and execute complex structured transactions e.g. PPA, tolling, clean-spark spread capture, physical and financial hedging
• Develop and maintain strategic relationships with key partners (e.g. asset owners, project developers, operators, big industrials) to access and generate new commercial possibilities in power procurement and sales.
• Perform deal assessment, including feasibility studies and risk analysis, with support of internal and selected external resources (e.g. technical and legal advisors).
• Structure and negotiate supply and offtake power contracts
• Coordinate and interface closely with other internal functions
• Price structured power products in close collaboration with the power trading team for the desk deal funnel and support other origination teams in structuring and pricing structured power deals for their clients,
• Contribute to the development/improvement of pricing methodologies and models in close collaboration with trading, risk, market analysts, quant teams and IT

Qualifications

This is a front office role, working in a dynamic environment and in close collaboration with trading, quants, risk, legal, and other origination teams.
Hard skills

• Strong analytical skills
• Strong knowledge of the power markets in Central Europe
• Adept in structured power products and option pricing
• Well connected with various power market players Soft skills
• Result-oriented
• Strong commercial drive as acting in front
• Stress resilient and ability to operate in a demanding environment
• Team player with strong interpersonal skills, excellent verbal and written communication skills and the ability to interact with very diverse professional profiles (clients, traders, quants, sales, support functions, etc.)

Education and professional background

• At least 3 years of professional experience and proven track record in developing structured power origination
• Master degree in a quantitative discipline (engineering, economics, finance, etc.)

Languages

• Fluent in English, any other European language is a plus

Additional Information

If you are interested in the opportunity to be part of shaping one of the most turbulent industries of present times, send your professional Hungarian CV to us.

Can’t wait to hear from you!