Algo Trader

Are you eager to develop and deploy advanced trading algorithms? Do you want to combine your quantitative and technology skills to build models for the energy markets? Are you interested in harnessing real-time data and computational techniques to make impactful trading decisions in European energy markets?InCommodities is a global technology company specializing in energy trading and renewables asset management. We are growing at an incredible speed and are now seeking a skilled quant to join our Quantitative Solutions consortium as an Algorithmic Trader. So, if you want to be part of a fast-growing company and join a vision of pioneering algorithmic trading, you have come to the right place

Your journey as an Algorithmic Trader
In this role, you will trade power, gas, or emissions and, thus, play a key role in developing, deploying, and refining algorithmic trading strategies based on sophisticated predictive models. You will be part of a consortium of 20 highly skilled quants with a unique culture that consistently works on the frontier of algorithmic trading.

We will ensure you are ready to take on your new role by giving you the best possible introduction to your team, our business, and our organization. We do not believe in bureaucracy, stringent processes, and micro-management. Instead, we grant you high autonomy, which we believe unlocks greater engagement and ensures that the best decisions are made – always by those closest to the job.

Responsibilities

• Become a domain expert within relevant markets and products.
• Utilize quantitative techniques to analyze market- and fundamental data and identify potential trading opportunities (e.g., to build predictive models for market behavior and price movements)
• Conduct rigorous backtesting of trading strategies using historical data to assess performance and refine models
• Contribute to existing- and developing new algorithmic trading and asset optimization strategies
• Monitor the performance of trading algorithms, identify any issues or anomalies, and deploy necessary adjustments to ensure optimal performance
• Contribute to the technical frameworks (Python) to ensure consistent and synergetic development of our trading abstractions
• Proactively ensure quality in both execution and governance

Qualifications – we imagine that you:

• Have excellent quantitative modeling skills (e.g., statistics, econometrics, applied mathematics, engineering, physics)
• Have great coding skills (we use Python extensively, although the specific language is not a hard requirement)
• Have experience or a keen interest in learning about markets, in particular energy markets
• Are fluent in English, both written and verbal

Personal skills – we expect that you:

• Demonstrate a high level of motivation and drive
• Possess a collaborative mindset, with a strong emphasis on cross-team and cross-functional cooperation
• Thrive on autonomy and responsibility
• Can be direct with your colleagues in a constructive way

What you can expect from us:

• You will be part of an algo trading team in our Quantitative Solutions consortium with the opportunity to work closely with discretionary traders, other algo traders, and quants
• We will provide you with opportunities to develop both professionally and personally
• We will provide you with flexibility and autonomy to drive real impact
• You will be part of a distinctive company culture that embodies our core values of honesty, transparency, and rethink, free from the frustrations of excessive rules, policies, and bureaucratic processes.

About InCommodities
We're InCommodities: One of the fastest growing trading companies in the world. The energy market is transitioning away from fossil fuels to renewable energy, and we take part in making that happen

At InCommodities, we support the transition by acting as the middleman between sellers and buyers of power and gas - we transport energy across borders where it's needed, or we store it and sell it later, providing a vital function in the value chain from production to consumption. InCommodities' business and decision-making are driven by a deep understanding of the energy markets and based on quantitative analysis and rethinking what we do.

Making InCommodities outstanding requires all types of people with different personalities, backgrounds, and approaches to solving different tasks and projects. But one thing connects us: we're fuelled by new ideas and rethinking the status quo.

Our Culture
We value a strong social culture with a high frequency of employee events outside the office. We want to win and be the best in class – therefore, you'll be surrounded by like-minded people who are bold, honest, ambitious, and the smartest in their field, and who root for one another, as we value a genuine sense of team spirit.

To help each other grow, we use honest and constructive feedback and sparring within and across teams. Personality and cultural fit are important to us because we want you to be happy here. The work culture is relaxed; you don't have to abide by a dress code or a strict hierarchy, so you won't be frustrated with too many rules, policies, or bureaucratic processes.

In other words, InCommodities is not your average workplace – it's awesome.

Application deadline:
As soon as possible

If you have any questions, please contact:
Stefan Bache, Head of Quantitative Solutions

InCommodities is headquartered in Aarhus, Denmark. Established in 2017, our company holds a significant presence in the European and US power and gas markets where we optimize our portfolio 7 days a week, 24 hours a day.The world is transitioning from fossil fuels to renewable energy sources and the urgency of this transition has never been more evident. Technology is also advancing faster than ever and will play an integral part in paving the way towards net zero.