Description

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! 🚀📝 What You'll DoExecute and monitor hedging strategies in organized markets (OMIP, EEX, MIBGAS) and OTC marketsPropose and adjust hedging strategies in line with the company’s risk policy and portfolio needsAnalyze market fundamentals to support hedging and pricing decisionsCalculate and monitor portfolio risk and performance metrics, including MtM, P&L, and VaRDevelop medium- and long-term forecasts for consumption, customer growth, and churnManage the procurement and tracking of Guarantees of Origin (GoOs)Work cross-functionally with Finance, Procurement, and Commercial teams to align risk, pricing, and growth.🎯 What You’ll Need to Shine in This Role5+ 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 instrumentsProven experience in managing price and volume risk for a customer or generation portfolioHands-on experience with forecasting, time series analysis, and scenario modelling applied to hedging and risk decisionsAdvanced skills in Python and/or R, with working knowledge of SQL for data extraction and automation💡 Nice to Have:Postgraduate degree in Quantitative Finance or EnergyKnowledge 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💜 What We Offer📍 Location: Valencia - Madrid - Barcelona⏳ Schedule: Full-time 40 hours per week📈 Perks & Benefits:💰 Share options in Octopus Energy☕ Breakfast and fresh fruit in the office🏥 Flexible benefits (meal vouchers, transport, childcare, health insurance…)🚘 Support for purchasing electric vehicles🏦 Pension plan🎓 Product training & professional development🎉 Fun, dynamic and inclusive work environment🍽️ Events: Family Dinners and many more team experiences💚 Why You’ll Love Working HereAt 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🏆 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🎙️ Curious about how we work? Check out this podcast episode with our CEO talking about our culture and values📩 Ready to Join the Change?If you're excited about building a more sustainable future with us, we’d love to hear from you!📎 Send us your CV, and if your profile fits, we’ll be in touch.We can’t wait to meet you! 😉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.

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’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! 🚀📝 What You'll DoExecute and monitor hedging strategies in organized markets (OMIP, EEX, MIBGAS) and OTC marketsPropose and adjust hedging strategies in line with the company’s risk policy and portfolio needsAnalyze market fundamentals to support hedging and pricing decisionsCalculate and monitor portfolio risk and performance metrics, including MtM, P&L, and VaRDevelop medium- and long-term forecasts for consumption, customer growth, and churnManage the procurement and tracking of Guarantees of Origin (GoOs)Work cross-functionally with Finance, Procurement, and Commercial teams to align risk, pricing, and growth.🎯 What You’ll Need to Shine in This Role5+ 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 instrumentsProven experience in managing price and volume risk for a customer or generation portfolioHands-on experience with forecasting, time series analysis, and scenario modelling applied to hedging and risk decisionsAdvanced skills in Python and/or R, with working knowledge of SQL for data extraction and automation💡 Nice to Have:Postgraduate degree in Quantitative Finance or EnergyKnowledge 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💜 What We Offer📍 Location: Valencia - Madrid - Barcelona⏳ Schedule: Full-time 40 hours per week📈 Perks & Benefits:💰 Share options in Octopus Energy☕ Breakfast and fresh fruit in the office🏥 Flexible benefits (meal vouchers, transport, childcare, health insurance…)🚘 Support for purchasing electric vehicles🏦 Pension plan🎓 Product training & professional development🎉 Fun, dynamic and inclusive work environment🍽️ Events: Family Dinners and many more team experiences💚 Why You’ll Love Working HereAt 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🏆 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🎙️ Curious about how we work? Check out this podcast episode with our CEO talking about our culture and values📩 Ready to Join the Change?If you're excited about building a more sustainable future with us, we’d love to hear from you!📎 Send us your CV, and if your profile fits, we’ll be in touch.We can’t wait to meet you! 😉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.

We’re waiting for you! 🚀📝 What You'll DoExecute and monitor hedging strategies in organized markets (OMIP, EEX, MIBGAS) and OTC marketsPropose and adjust hedging strategies in line with the company’s risk policy and portfolio needsAnalyze market fundamentals to support hedging and pricing decisionsCalculate and monitor portfolio risk and performance metrics, including MtM, P&L, and VaRDevelop medium- and long-term forecasts for consumption, customer growth, and churnManage the procurement and tracking of Guarantees of Origin (GoOs)Work cross-functionally with Finance, Procurement, and Commercial teams to align risk, pricing, and growth.🎯 What You’ll Need to Shine in This Role5+ 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 instrumentsProven experience in managing price and volume risk for a customer or generation portfolioHands-on experience with forecasting, time series analysis, and scenario modelling applied to hedging and risk decisionsAdvanced skills in Python and/or R, with working knowledge of SQL for data extraction and automation💡 Nice to Have:Postgraduate degree in Quantitative Finance or EnergyKnowledge 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💜 What We Offer📍 Location: Valencia - Madrid - Barcelona⏳ Schedule: Full-time 40 hours per week📈 Perks & Benefits:💰 Share options in Octopus Energy☕ Breakfast and fresh fruit in the office🏥 Flexible benefits (meal vouchers, transport, childcare, health insurance…)🚘 Support for purchasing electric vehicles🏦 Pension plan🎓 Product training & professional development🎉 Fun, dynamic and inclusive work environment🍽️ Events: Family Dinners and many more team experiences💚 Why You’ll Love Working HereAt 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🏆 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🎙️ Curious about how we work? Check out this podcast episode with our CEO talking about our culture and values

• Analyze market fundamentals to support hedging and pricing decisions
• Calculate and monitor portfolio risk and performance metrics, including MtM, P&L, and VaR
• Work cross-functionally with Finance, Procurement, and Commercial teams to align risk, pricing, and growth.
• Develop medium- and long-term forecasts for consumption, customer growth, and churn
• Propose and adjust hedging strategies in line with the company’s risk policy and portfolio needs
• 🚘 Support for purchasing electric vehicles
• Execute and monitor hedging strategies in organized markets (OMIP, EEX, MIBGAS) and OTC markets
• Manage the procurement and tracking of Guarantees of Origin (GoOs)

Requirements

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.

• Postgraduate degree in Quantitative Finance or Energy
• Proven experience in managing price and volume risk for a customer or generation portfolio
• Knowledge of Iberian market regulation (OMIE, OMIP, CNMC, MIBGAS).
• 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
• 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
• Experience building BI dashboards, automated reporting, or decision-support tools
• Familiarity with Guarantees of Origin (GoOs) and sustainability reporting.

Benefits

💜 We support flexibility and work-life balance.

• 🏥 Flexible benefits (meal vouchers, transport, childcare, health insurance…)
• 🎓 Product training & professional development
• 🎉 Fun, dynamic and inclusive work environment
• 🏆 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
• ☕ Breakfast and fresh fruit in the office
• 🏦 Pension plan
• 💰 Share options in Octopus Energy
• 🍽️ Events: Family Dinners and many more team experiences

Training + Development

Interview process

Visa Sponsorship

Security clearance