Head of Nordic Proprietary Trading

Company Description

Head of Nordic Proprietary Trading

Location: Oslo

Why Statkraft?  

Statkraft is Europe’s largest generator of renewable energy. As a major player in the energy wholesale market, we are developing green power solutions for renewable energy producers and companies from trade and industry. We support our customers on the way to a 100% renewable electricity supply. Join the team and take part in creating tomorrow’s energy world!

Working in Nordics Trading

Statkraft trades energy products in more than 20 countries and is active on 13 energy exchanges. Our proprietary trading strategy is mainly operated from Oslo, Düsseldorf, London and the Unites States, trading power, natural gas, oil and petroleum products in the global markets.

The Proprietary Trading department at Statkraft is known for its innovative and data-driven approach, and our team members are expected to have strong analytical and problem-solving skills, as well as a passion for renewable energy. Collaboration is a key part of the culture in Trading and employees work closely with other teams within the company. Working in Proprietary Trading at Statkraft offers opportunity to be part of a dynamic and growing company that is at the forefront of the energy transition, while gaining valuable experience in the fast-paced and exciting world of energy trading.
You will lead a highly experienced Nordic trading unit of 11 professionals, working closely with global trading hubs.

Job Description

We are seeking a senior leader to head our Nordic Proprietary Trading Unit, with full responsibility for performance, strategy, and risk management. You will lead trading activities across power, fuel and emissions markets, driving profitability while ensuring disciplined risk-taking and compliance. This is a leadership role at the core of Statkraft’s trading operations. 

Your responsibilities 

• Lead and develop Statkraft’s Nordic proprietary trading activities across Oslo, Trondheim, and Stockholm 

• Own trading performance, including P&L, risk exposure, and capital efficiency 

• Define and continuously refine the unit’s strategy in collaboration with VP Trading and VP Trading Strategies 

• Ensure robust risk management, compliance, and liquidity oversight 

• Drive the integration of fundamental analysis into trading decisions in close collaboration with analyst teams 

• Build strong interfaces with key internal stakeholders, including Risk, Operations, and Analysis 

• Provide transparent and proactive communication of market developments, risks, and opportunities 

• Lead, develop, and inspire a high-performing team of traders and analysts 

Qualifications

• Strong academic background in economics, finance, mathematics, or similar 

• Proven track record in proprietary trading, including leadership responsibility 

• Deep understanding of European energy markets (power, gas, emissions) 

• Demonstrated ability to manage risk and deliver consistent trading performance 

• Experienced leader with strong people development skills 

• Commercial mindset combined with high integrity and sound judgment 

• Excellent communication skills and ability to influence senior stakeholders 

Additional Information

What we offer 

A career at Statkraft means contributing to a sustainable future while operating in one of the most dynamic trading environments in Europe. 

We offer: 

• A key leadership position in a leading European energy trading organisation 

• Significant impact on strategy and performance 

• Opportunities for professional and personal development 

• A diverse, international, and highly skilled working environment 

• Competitive compensation and benefits 

Statkraft manages critical infrastructure and services in several countries. The position requires eligibility for security clearance.