Director Optimisation Continental & Portfolio Strategy

Vattenfall is one of Europe’s largest producers and retailers of electricity and heat. Our main markets are Sweden, Germany, the Netherlands, Denmark, and the UK. The Vattenfall Group has approximately 21 000 employees. We have been electrifying industries, powering homes and transforming life through innovation for more than 100 years. 

Business Area (BA) Markets maximises the value of Vattenfall’s portfolio by optimising and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimise 3rd party batteries and enter into origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in electricity, emissions, fuels, freight, and renewable certificates. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with around 500 professionals working from Sweden, Germany, The Netherlands, and Denmark. 

Are you keen on being at the centre of operating the new energy system, running renewables and conventional assets in a smart and integrated way? Are you driven by leading teams of experts and managing complexity and business transformation? Join us as our Director Optimisation Continental & Portfolio Strategy. 

The department Optimisation Continental & Portfolio Strategy is part of Business Unit (BU) Assets, whose main activities are production planning, optimisation and dispatching of all power assets and hedging of Vattenfall's overall exposure to energy markets. BU Assets commercially maximises the value of the Vattenfall and 3rd party assets, enabling fossil free living by connecting and optimising the energy system.  

As Director Optimisation Continental & Portfolio Strategy you will be managing a department of around 25 FTE and approximately 12 direct reports. You will be reporting to the Senior Vice President of Business Unit Assets and become a member of the Business Unit Assets Management Team. 

The department is responsible for: 

• Operational daily bidding of power and ancillary services of Vattenfall's generation assets in Germany, the Netherlands and UK (covering thermal, pumped hydro power, renewable and battery assets). 
• Forecasting of renewable power generation. 
• Mid-term planning and valuation support for pumped storages and other assets and contracts. 
• Supporting the onboarding of new assets into the portfolio as well as contributing to model and systems development. 

As our Director Optimisation Continental & Portfolio Strategy  you are end responsible for delivering in these areas and are pivotal in the management, coaching, recruitment, development and retention of a department of over 25 people. 

You will further more be playing an important role in: 

• Engaging in special projects, strategy development, and regulatory affairs. 
• Contributing to the group wide hedging process as well as development of Vattenfall's portfolio strategy 

The location of this position is in Hamburg. 

Who are you? 

As our ideal Director Optimisation Continental & Portfolio Strategy you of course have a relevant university degree. You have a passion for energy markets and are known for your strategic mindset and vision. As a leader, you exemplify the four pillars of the Vattenfall LEAD model: Lead Yourself, Enable People, Align Teams, and Drive Performance. 

Next to this you:  

• have relevant experience in energy markets, understanding strategic challenges as well as the operational reality.  
• possess strong conceptual and analytical skills and an affinity for digital transformation.  
• are a performance oriented leader with strong people management skills and at least 5 years of experience in managing operational business teams.  
• have great cooperation and communication skills, with the ability to convey complex information and manage different stakeholders on all (managerial) levels. 
• are fluent in English, both verbally and written. Fluency in German is a plus. 

We offer
Good remuneration, a challenging and international work environment, and the possibility to work with some of the best in the field. You will be working in interdisciplinary teams and you can always count on support from committed colleagues. We offer attractive employment conditions and opportunities for personal and professional development. 

More Information
We welcome your application in English no later than September 20th via the application button at this page. We kindly request that you do not send applications by any means other than via our website. 

For more information about the recruitment process please contact executive recruiter Manon Helleman, [email protected]

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. 

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be a good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation. Click here for further information.

We look forward to your application!