Portfolio Manager

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.

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

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.

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

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

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 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

• 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.**