MET Group

Power Pricing Expert

MET Group  •  Madrid, ES (Onsite)  •  3 hours ago
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Job Description

MET Group is an integrated European energy company headquartered in Switzerland, active across the full value chain - generation, storage, LNG, trading and sales. Present in 24 countries and 33 national energy markets, MET combines large-scale trading with a growing portfolio of renewable and flexible assets. In 2025 the group generated €28.6 billion in consolidated revenue.

MET Retail is a new chapter for the group: bringing energy directly to households. We're building a technology-driven retail platform for power and gas, with a digital, customer-first model. One model, built to scale across Europe. We're a small international team, and there's a lot to build. Join us on this exciting journey and you'll help shape how this company works, with real ownership from day one.

The Power Pricing Expert defines, implements and governs commercially attractive, risk-controlled power pricing for the Spanish market, ensuring pricing calculations are correct across all commodities offered. The role connects wholesale-market mechanics with customer product design, margin protection, invoicing accuracy and digital retail execution, combining market and competitor analytics, quantitative pricing, portfolio management and operational understanding of balancing and ancillary-service costs.

Key Responsibilities

  • Design and govern power pricing methodologies for the Spanish retail market - fixed, indexed, dynamic, time-of-use and optionality-based structures - ensuring pricing calculations are correct for all commodities offered (power primary; gas where relevant).
  • Price products and commercial options by converting wholesale curves, shape and balancing costs, ancillary-service exposure, forecast uncertainty and margin targets into practical tariffs; build and maintain pricing models, risk premia, scenarios and back-tests to support launches and repricing.
  • Manage the portfolio across its lifecycle - demand forecasting, hedging input, open-position monitoring, margin / P&L attribution - and run periodic reviews to identify growth, profitability and rationalisation opportunities.
  • Assess balancing and imbalance exposure and intraday re-forecasting needs to reduce avoidable deviation costs.
  • Coordinate with the trading desk and portfolio management on quotations, fixings and purchases so they are executed error-free and protect or increase final margins.
  • Ensure end-to-end pricing accuracy for invoicing - correct customer information, pricing components and prices-to-invoice - working across Sales, Finance, Back office and internal databases.
  • Analyse market trends, competitor pricing and profitability, and monitor OMIE / intraday dynamics, REE / ESIOS data, balancing, ancillary services and regulation; translate intelligence into pricing recommendations and governance materials.
  • Work with data and technology teams to enhance pricing tools / systems, automate workflows and industrialise pricing logic into dashboards; define pricing controls, documentation and post-launch monitoring, and report on margins, accuracy and P&L.

Qualifications

  • Master’s degree in Engineering or Finance
  • 3-5 years of experience in power pricing, energy trading, portfolio management, market risk, structuring or quantitative energy analytics gained on the Spanish/ Iberian power retail market
  • Proven ability to price fixed, indexed, dynamic and time-of-use retail products, plus risk premia and margin build-up
  • Advanced Excel and quantitative modelling; ability to build and document pricing models and back-test
  • Awareness of pricing governance, model documentation, risk limits and regulatory / compliance requirements
  • Fluent Spanish and good communication skills in English

Additional Information

MET Group

About MET Group

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 21 countries through subsidiaries, 32 national gas markets, and 44 international trading hubs.

MET has extensive experience in operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition.

In 2024, MET Group’s consolidated sales revenue amounted to EUR 17.9 billion, with a total traded volume of natural gas amounting to 140 BCM and total traded electricity of 76 TWh.

MET Group's 1,350+ employees represent close to 60 nationalities.

Industry
Oil, Gas & Mining
Company Size
1,001-5,000 employees
Headquarters
Baar, CH
Year Founded
Unknown
Website
met.com
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