Deal Structurer - Power at Shell

What’s the role

The front-office Deal Structuring environment at Shell Energy Europe Limited (SEEL) is changing significantly with the growing businesses. The team, under common leadership, is organized into three product lines as Power, Gas and Structured Energy. This structure allows us to develop synergies and accelerate rationalization of products & models while aligning ourselves closely with respective businesses.  Deal Structuring Power Team currently consists of 14 structurers leading modelling & valuation of complex asset backed transactions in European power and play a pivotal role in the delivery of material power deals within SEEL working closely with originators and trading desks.

We are looking for an individual who combines quantitative and analytical skill set with a commercial mindset and the ability to manage a complex stakeholder environment. The candidate is expected to quickly build strong relationships with the Power business (origination, trading and mid-office) and increase Deal Structuring activity for the growth of the Power business in Europe.

The Power business in Europe is active in all the major European power markets across the entire power value chain providing structured solutions for customers and counterparties. The role therefore requires keen interest or specialized knowledge of the European power markets and the corresponding regulatory environment as well as an agile, creative mind and strong work ethic to keep pace with the market developments.

The candidate will have the opportunity to participate in external business meetings with customers and on occasion to travel within Europe accompanying originators for external meetings with customers.

What you’ll be doing

This role is an exciting and challenging position with excellent development opportunities across T&S and the wider Shell group. We require a creative individual with excellent analytical and interpersonal skills, working under tight deadlines and pressures requiring dynamic expectation management of stakeholders. The candidate will be needed to continue delivering to an excellent standard, with clear focus on the bottom line and priorities in hand. The successful candidate will show the will and the ability to contribute to this objective and to constantly improve personal and team performance.

The main responsibility of the role is to collaborate with the power business and support the growth of the power portfolio in Europe, while being accountable for the methodology of the valuation and risk assessment of complex transactions.

The role specifically involves the following:

• Commercial structuring as well as Financial & Quantitative modelling of complex power transactions
• Represent the Deal Structuring team and build strong relationships working with the local stakeholders in the power business and internal functional departments (Risk, Finance, Credit)
• Collaborate with power originators and traders to create innovative structured products in response to demand and changing market conditions
• Provide specialized knowledge on structure, valuation and risk assessment for opportunities in the European power market
• Provide an independent view on structured transactions, with constructive challenge of the deal owner as required and suggest alternative solutions or improvements
• Develop and own valuation methods and models in python and excel, for pricing and risk assessment of complex structured contracts.
• As part of the deal team proactively engage with commercial project leaders to (re-)structure non-standard transactions during negotiation phase, be creative to suggest alternative solutions and adaption of contract structures
• Collaborate with deal owners to manage and extract value from acquired structured positions
• Maintain an outward mindset and ongoing commitment of Deal Structuring to the One-team approach undefined 

What you bring

We are keen to hear from individuals who are quick learners with demonstrable experience of leading individually as well as small teams towards finding solutions to complex business problems, with proven exposure to the Italian market and the ability to grow within a dynamic environment of power trading.

With deal structuring & quantitative analysis at the heart of this role, the candidates would ideally need prior relevant experience in structuring/quantitative analytics and/or qualification in numerical subject (MSc, CFA, CQF, ACA or similar), with proven track record of working in Power/Gas/LNG markets (Preferably one or more European power markets).

Beyond the key requirements mentioned above, strong knowledge or experience in the areas listed below is needed to succeed and thrive in this role:

Required

• Programming in python and Excel VBA
• Developing and maintaining high quality excel financial models for business end use
• Theory and Practice of quantitative finance, models and application to gas and power derivatives
• Experience of structured asset and deal valuations, including risk management strategies.
• Fluency in the English language, with Italian/German speaker advantageous

Advantageous

• Knowledge of corporate finance and accounting principles
• Commercial acumen and strong grasp of principles of long-term commodity investments & risk drivers
• Coaching/mentoring junior team members