Head of Hedging

**Head of Hedging & Margin Controlling Commercial Asset Optimisation M/F/t**:

- **Location(s)**:

- Essen, NW, DE, 45141

**RWE Supply & Trading GmbH**

**To start as soon as possible, full time / part time, permanent**

**Your future plans**
The Hedging & Margin Controlling team for the Commercial Asset Optimisation Continental Europe (CAO CE) operates within the controlling division at RWE Supply & Trading GmbH (RWEST). Its primary mandate includes overseeing risk control for CAO CE’s hedging desk and handling the calculation, analysis, and reporting of the generation margin for RWE's power generation assets.

The team actively engages in cross-functional collaboration with various teams across RWEST, RWE AG and the generation companies. This dynamic interaction affords team members the chance to participate in overarching discussions and decisions, offering valuable insights into the core operations of RWE.
- Lead an international team of twelve employees with a functional lead-sub-structure for Risk Controlling and Margin Controlling
- Ensure adequate risk controls and suitable performance and risk reporting for CAO CE Hedging Desk; be responsible for continuous improvement and coordination of financial planning, forecasting and reporting processes for CAO CE Hedging Desk
- Provide relevant information on performance and risk to top management (e.g. in the context of the Commodity Management Committee)
- Provide telling margin analyses in actuals, forecast and plan for both the renewables and the conventional power generation companies across all of RWE group (CE)
- Monitor market risk limits, timely communication of limit breaches, market conformity checks
- Liaise with front office in order to challenge trading strategies, markets, products and business processes
- Take business ownership of risk IT infrastructure specific to CAO CE, in particular margin database, hedge benchmarks and associated workflows
- Ensure excellent collaboration and information flows with neighboring teams within the CAO Risk and Controlling organisation
- Setting the conceptual framework and implementation of hedge benchmarks, in particular Reference Hedge Path (RHP) and Benchmark Trader (BMT)
- Support new business activities

**Your powerful skills**
- Profound knowledge on business model of RWE’s generation business as well as sound understanding of energy markets, products, processes and trading strategies
- Exceptional conceptual and strong analytical / quantitative skills with a strong attention to detail and excellent communication skills to simplify complex matters for senior management discussions across RWE group (both German and English)
- Relevant experience in Risk Controlling or CAO Front Office at RWE Supply & Trading GmbH and broad knowledge of Controlling processes around generation margin across RWE group beneficial
- Evidence of consistent delivery of excellent quality outputs on time and in a complex environment
- Strong leadership skills
- Know-how in relevant systems (in particular Microsoft Excel & Access, VBA, SQL and OLF Endur)
- Being a team player with high motivation, passion and drive

What we value most is passion, willingness to learn and a determined and resilient work ethic. So, even if you think you do not yet display all of the skills above we would still like to hear from you.

**Benefits you can rely on**
We really appreciate you going the extra mile and using every ounce of energy when the heat is on. That’s why we want to make your time with us as enjoyable as possible. At RWE Supply & Trading GmbH we value our employees and strive to create a supportive and inclusive work environment. With a range of competitive benefits, we not only offer excellent development prospects and an attractive remuneration package, but also take care of your well-being and understand that life-work integration is essential.

Also our offer includes the following perks:

- Work at the commercial heart of RWE - right on one of Europe’s largest trading floors directly shaping the energy transition
- Task oriented and hybrid working model
- Join a diverse and multicultural team in a highly dynamic and rapidly growing business State-of-the-art campus with free fitness center, child care, on-site barista & restaurants

Any questions? Madlen Krembel (Recruiting), +49 162 2960416
We look forward to meeting you

Of course, you can find us on LinkedIn, Twitter and Xing, too.

RWE Supply & Trading is the interface between RWE and the energy markets around the world. Around 2,000 employees from over 70 different countries trade electricity, gas, commodities and CO2 emission allowances. The trading entity also ensures the commercial optimisation of RWE’s power plant dispatch and markets electricity from RWE.

**More insights**

**From here, you can turn passion into valuable impact.**

Dive into our world of trading and find out which impact you can make with us.