Our client

Fortum is a leading Nordic energy company committed to driving the transition toward a cleaner and more sustainable future. Within its Corporate Customers and Markets (CCM) division, Fortum combines deep market expertise with a strong customer orientation to optimise power production assets and deliver innovative trading solutions. The company supports both production and consumption side strategies, increasingly focusing on customer-driven flexibility.

Known for its collaborative and inclusive work culture, Fortum offers its employees the opportunity to grow alongside seasoned professionals, contribute to impactful work, shape the future of the Nordic energy landscape, and achieve net-zero targets.

Purpose

As a Senior Portfolio Manager, you will take on a key role in expanding and managing Fortum’s physical production and consumption portfolio. The focus is increasingly shifting from purely asset-based trading toward integrating customer-side flexibility, including managing client assets and developing innovative physical trading products tailored for large industrial consumers.

This is a strategic and operational role where you will help Fortum meet growing customer demand for advanced, value-adding trading services across the Nordic markets. You’ll be part of a seasoned, highly supportive team known for both strategic thinking and hands-on operational excellence.

We are looking for someone who brings real-world experience in physical portfolio management and understands the dynamics of the Nordic electricity market, particularly where production and consumption intersect.

Responsibilities

• Manage and oversee the operative physical trading strategy for Fortum’s Nordic production and consumption portfolio.
• Develop, improve, and price Fortum’s physical trading product offering for both internal and external (industrial) customers.
• Work closely with sales and market analysts to design solutions that bring customer value and enhance flexibility.
• Monitor and optimise portfolio performance (incl. P&L reporting), ensuring transparency and compliance with Nordic power market regulations.
• Collaborate cross-functionally with trading desks, analysts, regulatory experts, and sales to ensure consistent delivery of Fortum’s strategic roadmap.
• Participate in product development initiatives and contribute to strategic planning and roadmap execution.

Background and Requirements

• Master’s degree in a relevant field (e.g. engineering, economics, energy systems, finance).
• Experience with physical trading and ideally exposure to financial energy products.
• Practical understanding of product pricing and market-based value creation.
• Experience working with industrial energy companies, with a focus on the consumption side—either in-house or in a client-facing role.
• Understanding of Nordic power markets and regulatory frameworks.
• Fluency in English (mandatory), Finnish and/or Swedish are significant assets.
• Strong analytical skills and the ability to turn data into insights and decisions.

It’s great if you also have:

• Familiarity with pricing tools, forecasting methods, and P&L modelling.
• Exposure to both physical and financial energy products.

What Fortum Offers

• A front-row seat in the evolving Nordic energy market.
• An opportunity to help shape Fortum’s next-generation customer-centric trading products.
• A hybrid and flexible working model, with offices in Espoo or Solna.
• A purpose-driven, inclusive, and supportive culture focused on sustainability, growth, and innovation.
• A chance to influence and grow — not just within Fortum, but in shaping the energy transition at large.