Ostro

Sourcing, Hedging & Pricing Specialist - Power Markets

Berlin, Berlin, Germany

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Energy Management, Utilities, Renewable EnergyIndustries

Requirements

The ideal candidate possesses a Master's degree in a quantitative discipline and at least 2 years of experience in energy procurement, risk management, hedging, pricing, or power trading. Strong knowledge of electricity markets, including PPAs, futures, spot, intraday, and balancing, is essential. A solid understanding of hedging strategies and instruments like futures/forwards and options, along with risk management principles, is required. Proven proficiency in writing production-grade Python code and advanced SQL, incorporating software engineering practices such as Git, automated testing, and code reviews, is necessary. Excellent written and spoken communication skills in both German (B2-C1) and English (B2-C1) are mandatory. Familiarity with German energy market regulations and dynamics, experience in data visualization and dashboard development, and prior experience in a start-up environment are considered advantageous.

Responsibilities

This role involves taking full ownership of monthly power tariffs, including power procurement, hedging, and pricing. Key responsibilities include further developing value-hedging tools to minimize price and volume risks, continuously improving consumption forecasting tools for various customer load profiles, and enhancing pricing tools with premium calculations for balancing, credit, and spot price risks. The specialist will also define short- to mid-term risk metrics, implement automated risk monitoring, and maintain/automate an efficient data pipeline for sourcing, hedging, and pricing, ensuring data quality and resolving inconsistencies. Building tools with Python and SQL, applying software engineering best practices, and collaborating with the intraday trading team to align on spot sourcing are also core duties.

Skills

Python
SQL
Risk Management
Consumption Forecasting
Data Pipelines
Pricing
Hedging
Power Markets
Energy Management
Software Engineering

Ostro

AI-driven personalized healthcare solutions

About Ostro

Ostro operates at the forefront of the healthcare technology sector, specializing in personalized healthcare journeys. It embraces cutting-edge AI and ML technologies to ensure compliance with PRC-approved content and offers unique tools like Ostro Navigate for personalization and Ostro Attribute for detailed analytics. This focus on technological sophistication and compliance assurance, combined with its commitment to advancing personalized healthcare experiences, makes it an attractive workplace for professionals looking to impact the healthcare industry positively while working with the latest technology.

Miami, FloridaHeadquarters
2019Year Founded
$69.4MTotal Funding
EARLY_VCCompany Stage
AI & Machine Learning, HealthcareIndustries
51-200Employees

Benefits

Remote Work Options
Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
Home Office Stipend
Company Equity

Risks

Emerging health tech startups pose a threat to Ostro's market share.
Data privacy concerns could impact Ostro's operations and consumer trust.
Departure of key executives may affect Ostro's strategic direction and leadership stability.

Differentiation

Ostro offers personalized healthcare journeys enhancing consumer and HCP engagement.
Partnerships with companies like CooperSurgical highlight Ostro's focus on patient education.
Ostro's platform bridges the gap between medicine makers and consumers effectively.

Upsides

Ostro's revenue grew by over 250% recently, indicating strong market demand.
The $45 million Series B funding boosts Ostro's expansion and innovation capabilities.
Ostro's collaboration with CooperSurgical enhances its reputation in patient-centric solutions.

Land your dream remote job 3x faster with AI