Senior Originator

Shell

Shell

Software Engineering
London, UK
Posted on Wednesday, December 7, 2022
, United Kingdom


Job Family Group:

Trading Jobs


Worker Type:

Regular


Posting Start Date:

November 23, 2021


Business unit:

Downstream


Experience Level:

Experienced Professionals


Job Description:

Where you fit in

Shell Energy is a key part of Shell’s industry leading Trading and Supply organisation and provides more and cleaner energy across a global portfolio of LNG, gas, power and environmental products to meet our suppliers’ and customers’ current and future needs for more and cleaner energy. Shell Energy is positioned to play a significant role at the heart of Shell’s Energy Transition. Shell Energy’s Ambitions are to be the Leading Global Provider of Energy Products and Services; the Leader in Cleaner Energy Solutions; the Most Trusted Energy Partner; and a Winning Team.

Shell Energy Europe and Environmental Products (SE-EE) supplies and trades natural Gas and Power across Europe and Africa centred in London, with representation across the markets we trade. We also manage Shell’s Environmental Products supply and trading business globally based in the key global trading markets. We are growing fast with the expansion of power and cleaner fuels along with products such as carbon credits and environmental offsets as part of Shell’s strategy to thrive through the Energy Transition. Our counterparties and customers encompass major resource holders of gas, upstream producers, investment banks, offset developers, compliance entities, trading houses, utilities and aggregators, power generators and large industrial and commercial energy users. Through our people, we promote innovation and a customer centric approach to business as key enablers for our growth and development.

Gas Origination Team

The Origination Team covers all European gas markets, working in close partnership with the Trading desks to identify, negotiate, and execute structured gas transactions, physical/virtual transport and storage positions, LNG regasification capacities and supply agreements. The Team is also responsible for originating tailored Upstream off-take deals, and help the Trading desk optimize the regional portfolios.

What’s the role?

The Senior Originator (Business Development Manager) is part of the Gas Origination South & East regional team, and is responsible for originating and leading the execution of new structured positions with counterparties in the South and East Europe gas markets, looking at long and short term opportunities to grow Shell Energy’s gas portfolio in the region. Key focus growth areas for the regional team are portfolio building in Southern Europe (Italy and Spain), Eastern Europe, South-eastern Europe and North Africa. The annual target for the team is >$100m.

The role is an exciting deal making opportunity and offers work in an, experienced and highly driven commercial team, with strong focus on delivering value for Shell. The Senior Originator will be responsible for representing Shell Energy Europe in the South & East European gas markets, with the opportunity to also work with the rest of the team on a wide range of transactions, including new market entries, new structured supplies, infrastructure deals, options etc.

The primary accountabilities of the Senior Originator are:

  • Develop a healthy deal funnel in the regional and focus on efficient deal execution.

  • Lead negotiations with external counterparties and work with highly experienced multicultural project teams.

  • Collaborate with other Originators to ensure consistency in the deal funnel, with opportunity for learning across regional focus.

  • Ensure alignment with management and Trading desks on deal funnel focus and help develop a strategic view for the growth of the regional portfolio.

  • Maintain and develop close relationships with counterparties in the region.

  • Work closely with the regulatory team, understanding the framework as translating opportunities/risks for the business and counterparties.

  • Work effectively with other Originators including across other products like Power, EPTB.

This role will be based in London and will report to the Team Lead Gas Origination SE within SE-EA.

What we need from you

  • Experience in gas business development / gas origination / gas contract negotiations.

  • Commercial acumen backed by in-depth industry knowledge of the markets in the region.

  • Proven track record of commercial deal making from deal identification through to delivery.

  • Experience in supporting or leading multi-disciplinary and multi-cultural deal teams / project teams.

  • Excellent interpersonal skills with proven ability to manage a wide range of different relationships at all levels, including government, internal and external senior management.

  • Ability to understand, structure and explain highly complex deal structures / strong understanding of trading value drivers and ability to challenge.

  • Strong understanding of deal economics with the ability to commission detailed analysis by Deal Structuring and engage in discussion on quantitative insights.

  • Effectiveness in business case preparation, presentation, and discussion with senior management.

  • Knowledge of price- and volume risk management techniques (e.g. hedging; options etc).

  • Fluency in English and either Italian or Spanish are a must, French, German, Russian or any other language in the region are a plus.

Diversity and differences are seen as opportunities for enhancing Shell’s performance, therefore showing genuine belief in, and respect for, people is considered key and we welcome applications from all backgrounds – please let us know if you need any assistance for, or during, your application.

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.

  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.