DirecciónEDP Renewables is a global leader in the renewable energy sector and the world's third-largest wind energy producer. With a sound development pipeline, first class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 17 markets (Belgium, Brazil, Canada, Colombia, Chile, France, Greece, Hungary, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, US and Vietnam).
EDPR is committed to furthering social advances in terms of sustainability and integration. This is reflected by the inclusion of the company in the Bloomberg Gender Equality index and the fact that it has been certified as a Top Employer 2021 in Europe (Spain, Italy, France, Poland, Portugal and Romania), both of which recognise its employee-driven policies.
MISSION
Provide support to the Global Energy Management platform within the EDP Group by supervising MARKET RISK in both renewable and conventional power generation and corresponding trading activities.
Evaluate impact in exposures of evolving market regulation scenarios. Contribute to obtain an integrated view of MARKET RISK by integrating different geographies in the MARKET RISK factors monitored along with the development of the relevant risk metrics.
MAIN ACCOUNTABILITIES
1. Making part of the Global Energy Management (GEM) platform within the EDP Group, preparation of Steering Committees held every month, covering the following items :
- Monitor and control of price, volume and shape risk in open exposures arising from both conventional and renewable generation and financial hedges (electricity, gas, coal, CO2, environmental attributes, etc.)
- Calculate and monitor risk metrics that supervise the activity of the Global Energy Management platform (Generation, Prop Trading and Asset Backed Trading).
- Monitor basis risk, together with hedge ratio through financial swaps and FTRs at EDPR Global level.
- Liquidity risk assessment.
- Definition, implementation and backward testing of risk policies.
- On-demand strategic analysis.
2. Risk support to EDPR Market Operations Department :
- Risk models for hedging commodities and congestion.
- Risk models for scheduling.
3. Propose MARKET RISK procedures improvements in the Global Energy Management platform.
4. Automation of Market Risk monitoring in the GEM Platform (SQL, Datalake, PowerBI)
REQUIREMENTS PROFILE
1. ACADEMIC LEVEL
Bachelor’s degree in business administration, Economics, Engineering. Excellent Academic Record required.
2. REQUIRED PROFESSIONAL EXPERIENCE
Less than 2 years of professional experience in a risk, financial or consultant position.
3. SPECIFIC KNOWLEDGE
- Finance, Accounting and Statistics.
- Knowledge of Microsoft Office.
- Knowledge of SQL, Power BI and other Data automation tools.
4. LANGUAGES
- English Fluent.
- Spanish Fluent.
- Portuguese (a plus).
5. SKILLS / COMPETENCES
- Good analytical and quantitative skills.
- Ability to work under pressure and meet tight deadlines.
- Good team worker within and outside department
Among EDPR's principles we would like to highlight diversity and inclusion as a strength in our values and practices. Reinforcing these principles has a real impact on the satisfaction of commitment, increases talent and the quality of leadership of our professionals.
To achieve all our objectives, it intends to attract, develop and retain different profiles, assuming diversity as a key factor and differentiator of fundamental innovation in our organisation.
We welcome and value all people, and we are committed to the inclusion and sense of belonging of each person who is part of EDPR.
What makes us proud as an employer :
TOP Employer Europe 2023 certification.
Bloomberg Gender Equality Index 2021.
Top Workplaces US 2021.
- Certification in Conciliation (Excellence) by the Más Familia Foundation;
