Meet our people
Portfolio Manager (Gas)
Would you like to work at the heart of the European gas markets, where analytical insight and commercial judgement go hand in hand? As Portfolio Manager in our Gas Portfolio Management team, you will play a central role in sourcing and optimising gas assets across Europe. This is a position where your analysis directly influences trading decisions and commercial outcomes.
The team
You will join the Gas Portfolio Management Team at Norlys Energy Trading A/S in Aalborg. The team is responsible for sourcing and optimising gas assets across the European gas markets, participating in primary and secondary market auctions, engaging in bilateral negotiations, and valuing gas assets.
The team works closely with traders, analysts and risk managers, and operates close to real-time market developments. It is a commercially driven environment where analytical depth, collaboration and clear decision-making are essential.
The role
As Portfolio Manager, you will drive the execution and ongoing development of storage capacity strategies across European gas markets, applying quantitative analysis and commercial insight to support asset valuation, auction participation and strategic positioning. The role offers significant ownership, with direct involvement in asset‑related decisions, collaboration across trading and risk, and contributions to the tools and models supporting portfolio management. You will work at the intersection of analytics, strategy and commercial execution, as you will value gas assets, support commercial decision‑making and provide input for developing analytical tools in collaboration with software developers and quantitative researchers. In addition, you will monitor tariffs, fees and regulatory developments.
What I like most about this role is the responsibility. You get real ownership of storage strategies and see the outcome of your decisions directly in the portfolio. It is hands-on, commercial and very close to the market.
What we are looking for
We are looking for a commercially minded and analytically strong professional who thrives in a dynamic trading environment. You are comfortable taking ownership of business cases and translating complex analysis into clear recommendations.
Must-have qualifications:
- Relevant academic degree in Economics, Finance, Mathematics, Engineering, or a similar quantitative field
- Minimum 2 years of experience from energy trading, portfolio management, financial markets, or a similar commercial environment
- Solid analytical and quantitative understanding, including the ability to interpret valuation models
- Strong understanding of market dynamics and risk/return considerations
- Proficiency in Excel
- Fluent in English, both written and spoken
Nice-to-have qualifications:
- Experience with data analysis tools such as Python, VBA, SQL or similar
Personal qualities:
- Structured and detail-oriented, with a disciplined approach to analysis and decision-making
- Commercially minded and comfortable taking ownership
- Able to work independently while collaborating closely with traders, analysts and risk managers
- Clear communicator who can explain complex subjects in a concise and practical manner
What we offer
At Norlys Energy Trading, you will join a modern and ambitious energy trading company headquartered in Aalborg. In the Gas Portfolio Management team, you will gain direct exposure to European gas markets and real-time business decisions in a role with tangible commercial impact.
We offer:
- A front-row seat to European gas markets
- Direct responsibility for auctions, asset valuations and commercial negotiations
- Close collaboration with traders, analysts and risk managers
- A high-impact role with visible contribution to the company’s P&L
- Strong opportunities for professional growth within energy trading and portfolio management
- Fixed full-time employment in a permanent role, based at our office in Aalborg
Interested?
If you are motivated by combining analytics, commercial strategy and navigating a dynamic and rapidly evolving market environment, we would be very interested in hearing from you. If this sounds like your next step, we encourage you to apply or reach out to learn more about the role and the team.
Want to know more?
Feel free to reach out if you have any questions about this opportunity
