**\\uD83C\\uDF0D We’re Revolutionizing Energy to Change the World** At **Octopus Energy**, we’re not your typical utility company. We’re a team of passionate people working every day to make energy 100% renewable, accessible, and fair for everyone. We believe **technology and innovation are key drivers of change**. Our mission is to transform the way the world consumes energy breaking down barriers, simplifying processes, and delivering a more human and transparent service. That’s why our commitment is clear: clean energy should be the norm, not the exception. To achieve this, we combine sustainability with a people\-first approach, delivering outstanding service and building a team that shares our vision. \\uD83D\\uDCA1 **But none of this would be possible without people like you.** To keep growing and transforming the energy sector, we’re looking for talent that wants to make a real difference. If you want to be part of this change, bring your energy, and help build a greener future, we want to meet you!! **What Are We Looking For?** We’re looking for a **Portfolio Manager** to join our team. In this role, you’ll be responsible for managing Octopus Energy’s electricity and gas portfolio, executing hedging strategies in financial markets and ensuring strict compliance with our risk policy. You’ll work at the intersection of markets, risk, data, and strategy, helping mitigate exposure to price volatility in an environment marked by regulatory change, uncertainty, and constant evolution. If you enjoy making data\-driven decisions, understanding market fundamentals, and taking ownership in a high\-impact role, this might be the perfect fit for you. We Call It the ‘Octopus Effect’ Working at Octopus Energy means being part of a company where culture and people truly matter. We support flexibility and work\-life balance. We want you to reach your full potential. We believe in a fairer, cleaner, and more sustainable energy model. **We’re waiting for you!**### **\\uD83D\\uDCDD What You'll Do** * **Execute and monitor hedging strategies** in organized markets (OMIP, EEX, MIBGAS) and OTC markets. * Propose and adjust hedging strategies in line with the company’s **risk policy** and portfolio needs. * Analyze **market fundamentals** to support hedging and pricing decisions. * Calculate and monitor **portfolio risk and performance metrics**, including MtM, P\&L, and VaR. * Develop medium\- and long\-term forecasts for consumption, customer growth, and churn. * Manage the procurement and tracking of **Guarantees of Origin (GoOs)**. * Work cross\-functionally with Finance, Procurement, and Commercial teams **to align risk, pricing, and growth.** ### **\\uD83C\\uDFAF What You’ll Need to Shine in This Role** * **5\+ years of experience** in **energy markets, portfolio management, risk analysis, trading, or structured products** (energy, commodities, or financial markets). * **Strong understanding of electricity and gas markets**, including **forward curves, derivatives, and hedging instruments**. * **Proven experience in managing price and volume risk** for a **customer or generation portfolio**. * **Hands\-on experience with forecasting, time series analysis, and scenario modelling** applied to hedging and risk decisions. * **Advanced skills in Python and/or R**, with working knowledge of **SQL for data extraction and automation**. \\uD83D\\uDCA1 **Nice to Have:** * Postgraduate degree in Quantitative Finance or Energy. * Knowledge of Iberian **market regulation (OMIE, OMIP, CNMC, MIBGAS).** * Familiarity with Guarantees of Origin **(GoOs)** and **sustainability reporting.** * **Experience building BI dashboards**, automated reporting, or decision\-support tools. ### **\\uD83D\\uDC9C What We Offer** * \\uD83D\\uDCCD **Location:** Valencia \- Madrid \- Barcelona. * + **Schedule:** Full\-time 40 hours per week \\uD83D\\uDCC8 Perks \& Benefits: * \\uD83D\\uDCB0 Share optionsin Octopus Energy * + Breakfast and fresh fruit in the office * \\uD83C\\uDFE5 Flexible benefits (meal vouchers, transport, childcare, health insurance…) * \\uD83D\\uDE98 Support for purchasing electric vehicles * \\uD83C\\uDFE6 Pension plan * \\uD83C\\uDF93 Product training \& professional development * \\uD83C\\uDF89 Fun, dynamic and inclusive work environment * \\uD83C\\uDF7D️ Events: Family Dinners and many more team experiences ### **\\uD83D\\uDC9A Why You’ll Love Working Here** * At Octopus Energy, we do things differently. We believe in a work environment where you can be yourself, grow professionally, and feel part of a team that truly wants to change the world. * \\uD83C\\uDFC6 We’re a **Great Place to Work!**On Glassdoor, we’ve been ranked among the top 50 best companies to work for, and our culture has been recognized time and time again. * \\uD83C\\uDF99️ Curious about how we work? Check out this podcast episode with our CEO talking about our culture and values. **\\uD83D\\uDCE9 Ready to Join the Change?** If you're excited about building a more sustainable future with us, we’d love to hear from you! \\uD83D\\uDCCE **Send us your CV**, and if your profile fits, we’ll be in touch. **We can’t wait to meet you! \\uD83D\\uDE09** We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.