Nuon
Our organization
Asset Optimization and Trading (AOT) is the Business Division where all Asset Optimization and Trading activities are centralized for the Vattenfall Group. Our activities are multi-site located across Europe with more than 600 professionals working from Sweden, Germany, The Netherlands, Denmark and Poland. We trade the full range of energy commodities such as electricity, gas, oil, coal, freight, renewable energies and emissions, take responsibility for a diversified sourcing of power, fuels and carbon credits and optimise the running and hedging of Vattenfall’s generation assets. These efforts are the basis for maximum profitability and continuous business growth.
Your responsibilities
The analyst will work in a team of four and will report to the Manager, Confirmations and Commodities. The analyst will ensure that the trades entered into Nuon’s trading system by the trading department reconcile both with the traders, deal pads and also with the confirmations and trade lists provided by trading counterparties and brokers. The analyst will produce and process inbound and outbound counterpart trade confirmations and to identify deal entry errors (by traders) to ensure that Nuon meets all contractual obligations and realized expected revenue. The analyst will facilitate the daily management of collateral, processing outgoing and incoming margin calls, and assisting with margin call disputes, by reconciling trade lists and analysing exposure calculations with margining counterparties. The analyst will resolve problems with trading counterparts or internal departments relating to the accurate representation of Nuon’s trading obligations. The scope includes all of Nuon’s trading operations including power, fuel, environmental, and FX trading
You are educated to HBO level (for example Finance, Finance and controlling, International financial management). This position is not meant as a graduation internship.
Accurate working habits are essential as the role involves not only handling large amounts of data without error, but also identifying the errors of others.
You are structured in your work and have a logical approach to solving problems and resolving issues.
You are proficient in English and comfortable to communicate, both verbally and in writing, with Nuon’s external counterparties as well as other departments in Nuon.
Living and Studying in the Netherland.
- Start as soon as possible.
We offer a place to learn about working in the European Energy Markets, a high-paced environment comparable to any of the Global Markets. You will learn about the trading environment and its commodities, such as oil, gas, coal, and power. For interns we have a fixed compensation.
We look forward to your application! For more information about this internship please contact Joyce van Neden, Recruiter via 06-55697715.