We're Revolutionizing Energy to Change the World
At
Octopus Energy
, we're not your typical utility company. We're a team of passionate people working every day to make energy 100% renewable, accessible, and fair for everyone.
We believe
technology and innovation are key drivers of change
. Our mission is to transform the way the world consumes energy breaking down barriers, simplifying processes, and delivering a more human and transparent service.
That's why our commitment is clear: clean energy should be the norm, not the exception. To achieve this, we combine sustainability with a people-first approach, delivering outstanding service and building a team that shares our vision.
But none of this would be possible without people like you.
To keep growing and transforming the energy sector, we're looking for talent that wants to make a real difference. If you want to be part of this change, bring your energy, and help build a greener future, we want to meet you
What Are We Looking For?
We're looking for a
Gas Portfolio Analyst
to join our Procurement team. In this role, you'll be key to analyzing and managing Octopus Energy Spain's gas portfolio, providing direct support to the Energy Markets team in tracking exposures, designing hedging strategies, and forecasting portfolio consumption.
You'll work at the intersection of energy markets, risk management, data analytics, and finance, helping us mitigate exposure to price volatility in a dynamic environment shaped by constant regulatory change. If you love making data-driven strategic decisions, understand gas market fundamentals inside and out, and want to own a high-impact position, this opportunity is for you
We Call It the 'Octopus Effect'




Working at Octopus Energy means being part of a company where culture and people truly matter.
We support flexibility and work-life balance.
We want you to reach your full potential.
We believe in a fairer, cleaner, and more sustainable energy model.
We're waiting for you
What You'll Do
Monitor and adjust the company's gas portfolio positions on a daily basis across
PVB, TVB, and AVB
, ensuring accurate tracking of physical and financial exposures, including
Mark-to-Market, P&L;, hedge coverage, and open position
.
Develop, validate, and improve
short-, medium-, and long-term gas consumption forecasts
, incorporating customer growth, churn, seasonality, weather effects, and portfolio mix.
Track and analyse key
gas market fundamentals
, including LNG flows, storage levels, demand, supply disruptions, weather patterns, geopolitical events, spreads, and forward curve movements.
Support
gas tariff pricing
, translating market costs, consumption forecasts, and risk assumptions into competitive retail offers aligned with
growth objectives
.
Collaborate with
Finance, Data and Commercial teams
to ensure gas market assumptions are reflected in tariffs, forecasts & budgets.
Drive continuous improvements through internal tools, data automation, and reporting optimization
Stay up to date with changes in
Spanish and European gas regulation
,



market rules, balancing mechanisms, and reporting obligations that may affect the portfolio.
What You'll Need to Shine in This Role
Proven track record (tipically 3-5+ years) in
energy markets, portfolio risk management
focused on
natural gas
Solid understanding of
Iberian and European gas markets
, including
MIBGAS, TTF, LNG dynamics, storage levels, forward curves, price drivers, and hedging products
.
Strong analytical mindset, with experience working with
market prices, consumption data, forecasts, portfolio exposures, P&L;, Mark-to-Market, or risk metrics
.
Hands-on experience with
forecasting, time-series analysis, portfolio modelling
, ideally applied to energy consumption or commodity markets.
Advanced
programming skills in
SQL
,
Python and/or R
for data analysis, automation, modelling, or reporting.
Full professional proficiency in Spanish and fluent, working-level English
to coordinate effectively in an international environment
Nice to Have:
Postgraduate degree in Quantitative Finance, Energy Economics, Engineering, or a highly quantitative discipline
In-depth knowledge of Spanish and Iberian gas sector regulations (CNMC, CORES, ENAGAS & MIBGAS)
Experience building dynamic dashboards and BI tools (Lightdash, Power BI, Tableau) for strategic decision support
What We Offer
Location:
Valencia - Madrid - Barcelona.
?
Schedule:
Full-time 40 hours per week
Perks & Benefits:
Share options
in Octopus Energy
? Breakfast and fresh fruit in the office
Versátil benefits (meal vouchers, transport, childcare, health insurance...)
Support for purchasing electric ve

📌 Gas Portfolio Analyst (Madrid)
🏢 Octopus Energy Group
📍 Madrid