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Head of Nordic Proprietary Trading

Posted 14 days ago

OfficeOslo, Oslo County, NorwayEX

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.

Job details
Workplace
Office
Location
Oslo, Oslo County, Norway
Experience
EX

Statkraft is Europe’s largest generator of renewable energy. We produce hydropower, wind power and solar power and are a global company in energy market operations.

Employees
4560
Industry
Electric Power Generation
Headquarters
Oslo, Oslo
Company location
Lilleakerveien 6, Oslo, Oslo 0283, NO
Specialties
Renewable energy, Hydropower, Wind power, Gas power, District heating, Energy services, Energy trading, and Grid Services

Key team members

Lars Odin Mellemseter

Lars Odin Mellemseter

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