Power Deal Structurer - Europe
Where you fit in
The front-office Deal Structuring environment at SE-EE is changing significantly with the growing businesses. The team, under common leadership, is organized into three product lines as DS Power, DS Gas and DS Environmental Products. This structure allows us to develop synergies and accelerate rationalization of products & models while aligning ourselves closely with respective businesses. DS Power team currently consists of 12-14 people who are highly analytical and play a pivotal role in the delivery of material power deals within SE-EE working closely with originators and trading desks.
We are therefore looking for a senior individual who combines the quantitative and analytical skill set of a Deal Structurer with a commercial mindset and the ability to manage a complex stakeholder environment. The candidate is expected quickly build a strong relationship with the Power business and increase Deal Structuring activity for the growth of the Power business in Europe.
The Power business in Europe is active in all the major European power markets across the entire power value chain and furthermore provides non-standard structured solutions for customers and counterparties. The role therefore requires specialized knowledge of the European power markets and the corresponding regulatory environment as well as an agile, creative mind and strong work ethic to keep pace with the market developments.
The candidate will have the opportunity to participate in external business meetings with customers and on occasion to travel within Europe and accompany the power originators for external meetings with customers.
What’s the role?
This role is an exciting and challenging position with excellent development opportunities across T&S and the wider Shell group. We require a creative individual with excellent analytical/numerical and interpersonal skills, working under tight deadlines and pressures requiring dynamic expectation management of stakeholders. The candidate will be needed to continue delivering to an excellent standard, with clear focus on the bottom line and priorities in hand. The successful candidate will show the will and the ability to contribute to this objective and to constantly improve personal and team performance.
The main responsibility of the role is to collaborate with the power business and support the growth of the power portfolio in Europe, while being accountable for the methodology of the valuation and risk assessment of complex transactions.
The role specifically involves the following:
Represent the Deal Structuring team and build strong relationships with the local stakeholders in the power business and with internal functional departments (Risk, Finance, Credit)
Collaborate with power originators and traders to create innovative structured products in response to demand and changing market conditions
Provide specialized knowledge on structure, valuation and risk assessment for opportunities in the European power market
Provide an independent view on structured transactions, with constructive challenge of the deal owner as required and suggest alternative solutions or improvements
Develop and own valuation methods and models for pricing and risk assessment of complex structured contracts. Identify value drivers and risks inherent in the transactions (e.g. market risk, performance risk, credit risk, regulatory risk, financing risk).
As part of the deal team proactively engage with commercial project leaders to (re-)structure non-standard transactions during negotiation phase, be creative to suggest alternative solutions and adaption of contract structures
Work closely with all relevant internal stakeholders during the approval process
Collaborate with deal owners to manage and extract value from acquired structured positions
Maintain close, collaborative relationships with the wider team and other internal partners in the value chain
Maintain an outward mindset and ongoing commitment of Deal Structuring to the One-team approach
What we need from you
We are keen to hear from individuals who are quick learners with demonstrable experience of leading individually as well as small teams towards finding solution to complex business problems and grow within a dynamic environment of power trading.
With deal structuring at the heart of this role, the candidates would ideally need prior relevant experience in structuring/valuation and/or qualification in numerical subject (MSc, CFA, CQF, ACA or similar), with proven track record of working in Power/Gas markets (Preferably one or more European power markets).
Beyond the key requirements mentioned above, strong knowledge or experience in at least one or more areas listed below will be advantageous in succeeding and thriving in this role:
Theory and Practice of quantitative finance, models and application to gas and power derivatives
Knowledge of corporate finance and accounting principles
Commercial acumen and strong grasp of principles of long-term commodity investments & risk drivers
Experience of structured asset and deal valuations, including risk management strategies.
Developing and maintaining high quality excel financial models for business end use
Programming in python and Excel VBA
Coaching/mentoring junior team members
Fluency in the English language, with Dutch / German speaker preferred
If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.
Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.
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