Spot Trader (Physical Power)

We are looking for a Spot Trader to join Physical Customer Portfolio Management team in Solna, Sweden.

Join a collaborative team focused on strong performance and continuous improvement. By excelling in the imbalance risk management and unlocking the value of customers’ flexibility in the electricity markets, we help make electrification more affordable and support Fortum’s strategic priority of driving decarbonization in industries.

About the role

In this role, you will work as a physical power trader on a rotating shift schedule. Shifts are planned within normal working hours, but cover every day of the year, so you should be prepared to work some weekends and public holidays. On non-shift days, you will focus on portfolio management and development tasks. Your total monthly working time will remain within normal working hours.

Your key responsibilities include:

• Configure and maintain inputs across trading and forecasting systems
• Produce day-ahead and intraday consumption and production forecasts
• Execute trades in the day-ahead market
• Monitor automated intraday and reserve-market trading and troubleshoot issues
• Prepare monthly performance reports
• Assess imbalance risk for customer cases when needed
• Implement new physical trading products or trading arrangements in our processes, systems, and tools
• Develop and implement improvements in forecasting, trading strategies, tools, processes, and compliance
• Contribute to relevant development projects

Physical Trading is continuously evolving, and the CPM team’s responsibilities may develop over time. This will also shape your role. We’re looking for someone who is open to change and who can help implement improvements as our processes and tools develop.

The Physical Customer Portfolio Management team is responsible for physical trading of B2B and B2C customer assets. Customer assets include, for example, industrial and commercial electricity consumption, power-producing assets such as wind and solar parks, battery energy storage systems, portfolios of retail customers’ consumption. The team produces day-ahead and intraday consumption and production forecasts and trades in the electricity markets.

About you 

You are eager to learn and grow, and you take ownership of your work. You prioritise effectively, bring improvement ideas proactively, and follow through to implementation. You collaborate well with others – supporting colleagues, sharing knowledge, and listening actively to understand different perspectives. You have strong analytical, mathematical and problem solving skills, an interest in power trading, and a drive to optimise results. You stay calm in unexpected situations and make sound decisions under uncertainty.

We expect you to have:

• At least bachelor’s degree in energy engineering, mathematics or economics
• Solid understanding of spot, intraday, reserve, and balancing markets in Finland, Sweden, and Norway
• Experience in quantitative analysis
• Professional working proficiency in English

The following is seen as advantage:

• Experience in physical power trading across multiple electricity markets
• Experience in power market analysis
• Programming skills (e.g., Python)
• Familiarity with databases such as MongoDB
• Knowledge of the MQTT protocol
• Advanced PowerBI, Excel and PowerPoint skills
• Business-fluent Swedish and Finnish is a plus due to stakeholder communication

Interested?

Submit your application (CV) latest on 10 May 2026. If you would like to hear more about the position, please contact Sergey Ilyukhin (tel. +358 40 352 4511 or email sergey.ilyukhin@fortum.com).

We will begin interviews already during the application period and close the position once the right individual is found.

To be selected for the position, the applicant must go through background clearance and a health examination including drug testing.

We are Fortum
Fortum is a Nordic energy company. We generate and deliver reliable energy to our customers and the Nordic energy system while at the same time helping industries decarbonise their processes and grow. Our core operations comprise efficient and best-in-class low-carbon power generation, customer services, and heating and cooling. Fortum’s power generation is already 99% from renewable or nuclear sources with one of the lowest specific CO2-emissions in Europe. We are guided by our ambitious SBTi-validated emission reduction targets on our way towards net-zero by 2040. For our ~4,500 employees, we commit to be a safe and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com