Quantitative analyst for short-term power trading

Quantitative Analyst for Short-Term Power Trading
Location
Aarhus, Denmark

Job Type & Start Time
Full-time, as soon as possible.

Deadline
25.09.2024. We will be screening candidates on an ongoing basis.

Do you have at least three years' experience in building quantitative models in the energy industry or the financial markets? Are you skilled in mathematics and statistics? If so, grab this opportunity to become our new quantitative analyst for Intraday Analysis

Here's what the job entails
In this role, you will build machine learning and optimisation models that support the decision-making within our flexible asset business.

Your responsibilities include:

• Support our flexible asset business by building and developing quantitative models.
• Develop optimisation algorithms that trade flexible assets, such as batteries, Combined Heat and Power, and Power-to-X in a systematic way.
• Participate in coding algorithmic trading infrastructure and optimisation engines used for live trading.
• Conduct market research and strategy analysis aimed at improving overall PnL and operational robustness.
• Support team members to ensure operational stability of algorithms developed by the team.

Meet the team
As our new quantitative analyst, you will join our Intraday Analysis team, where we support the trading and asset optimisation teams by building machine learning and optimisation models.

We are a team of 15 specialists in energy trading with various backgrounds in finance, mathematics, and engineering. We are a curious, dedicated, and highly analytical team who always strive to improve processes, systems, and strategies.

Your qualifications
As you will be developing models and analyses used for decision-making, we are looking for someone with a data-driven approach and an eye for market risks. You should thrive in a dynamic environment and adapt quickly to market conditions.

We also imagine that you:

• Have an educational background in a quantitative field, such as mathematics, physics, statistics, data science, or engineering.
• Have at least three years of experience in a similar position, either in the energy industry or the financial markets.
• Have solid coding skills with the ability to write production-level Python code.
• Have great communication skills to explain your analyses to stakeholders.
• Are proficient in English - both written and verbal.

We offer
At Danske Commodities, we take great care of our people. Joining us means you'll get a lot of great perks, including social events, cultural experiences, and benefits to better your health, your life, and your future.

Here are some of the benefits we offer our employees:

• Flexible working hours
  Including the opportunity to work part-time and work from home up to two days per week.
• Vast development opportunities
  With access to our DC University and remote courses through Harvard Learning.
• Global career prospects
  As part of the Equinor group with +20,000 colleagues across the world.
• 10% paid pension
  Along with a beneficial health care and insurance package.
• Great parental leave conditions
  Including 26 weeks of paid maternity leave and 16 weeks of paid paternity/co-parent leave.
• Unlimited paid children's sick days
  No limit on paid absence days in relation to child sickness.
• Extra days off
  Five additional days off, plus a Yay Day every year.
• Bonus scheme
• Share savings
  Opportunity to participate in our parent company Equinor's attractive share savings programme.
• Paid at home internet and equipment
  Including a mobile phone with a paid subscription and IT equipment for remote work.
• 100+ yearly social and professional events
• Various free tickets
  To family-friendly and cultural attractions.
• Discounts
  At hotels, restaurants, and sports clubs.
• Organic food
  Including light breakfast, lunch buffet, and snacks throughout the day.
• An office in the heart of Aarhus
  Right next to the central train station.

Recruitment process and relocation
You can read more about our recruitment process here. Please note that if you are an international candidate, we will reimburse travel expenses for potential interviews and support you with the relocation process.

What we're about
We're a tech-driven energy trading company present in 42 markets across five continents. Our +600 people are driven by a need to constantly better things. If you are too, we could very well be the right place for you.

Our organisation is flat with an open-door policy. We expect you to care about your work and the difference we make at Danske Commodities.