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Statkraft

Statkraft is hiring: Power Marketer in San Francisco

Statkraft, San Francisco, CA, United States, 94199

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Why Statkraft?

Statkraft has been making clean energy possible for over a century. We offer unrivalled expertise in supplying the world with renewable energy, and a forward‑facing career filled with amazing opportunities and offerings.

Job Description

Statkraft is the largest generator of renewable energy in Europe and an established participant within the U.S. energy markets. The Origination team sources and manages a portfolio of short‑ and long‑term energy contracts, primarily from renewables. The team is focused on PJM but may expand to other ISOs. We are seeking a highly experienced and commercially driven Senior Power Marketer to expand our power marketing activities in PJM, emphasizing mid‑market transactions with banks, trading partners, and downstream customers.

Responsibilities

  • Strengthen Statkraft’s power marketing business in PJM, focusing on OTC mid‑market transactions and portfolio trades via the exchanges.
  • Identify, structure, negotiate, and execute complex energy transactions, leveraging deep market knowledge and relationships.
  • Drive commercial strategy for mid‑market sales, including pricing, risk management, and product development for downstream customers.
  • Develop and execute risk‑reducing transactions.
  • Communicate and collaborate closely with Origination, Portfolio Management, Credit, Operations, and Trading to ensure seamless execution and risk‑aligned deal flow.
  • Develop and maintain strong relationships with key mid‑market and downstream customers, acting as a trusted advisor and long‑term partner.
  • Educate colleagues with your knowledge and unique perspectives.
  • Support day‑to‑day management of the contracted portfolio with Portfolio Management and Operations.
  • Design and implement scalable systems, tools, and processes to support business growth and operational efficiency.

Qualifications

  • 5+ years of experience in power marketing, trading, or origination, with a strong focus on mid‑market transactions in PJM or similar U.S. power markets.
  • Experience executing power products via various exchanges (ICE, CME, and/or NODAL).
  • Experience executing bilateral and structured power transactions.
  • Experience operating under risk mandates and reducing risk via hedging strategies.
  • Established network with power market players (industrials, utilities, funds, banks, trading houses, etc.).
  • Success executing structured deals with LSEs, cooperatives, and municipal agencies.
  • Familiarity with standard and non‑standard power contract terms and master agreements (ISDA, EEI).
  • Excellent communication skills.
  • Self‑starter able to operate independently and drive initiatives from concept to execution. Proactive, not reactive.

What We Offer

A career with Statkraft is one filled with purpose: every employee not only makes a living but also makes a real difference to the planet, our communities, and the future. We offer competitive terms of employment and a comprehensive benefits package that supports well‑being both at work and beyond. This includes healthcare coverage, wellness programs, and a 401(k) retirement plan with company matching. Additional perks include generous paid time off and professional development opportunities.

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