Quantitative analyst for Risk Modelling

Quantitative analyst for Risk Modelling
Location
Aarhus, Denmark

Jobtype & start time
Full-time, as soon as possible.

Deadline
06.06.2024. We will be screening candidates on an ongoing basis. We will be screening candidates
on an ongoing basis.

Do you have an analytical mindset? Would you like to use your quantitative skills in the complex energy markets? And does it motivate you to be a part of a committed and international environment, where there is always room for a good laugh? Keep reading – it could be one of the best career decisions you ever make!

The job

Here’s what the job entails
Your primary function will be to develop risk measures and valuation models, including data analysis and model development. You will gain valuable experience in modelling energy markets and learn how these models enable best in class risk management.

Your areas of responsibility will include the following:

• perform ad hoc analyses to support new business cases
• develop quantitative analyses together with your colleagues in Risk Management
• improve and work with the team’s quantitative model library
• conduct model validation and back testing to ensure our models meet the highest standards

The team

Meet the team
You will join our Risk Modelling team, which works with valuation of all products in the company and modelling exposures to a spectrum of risk factors. The role of the team is to support the Market Risk Management team in controlling and managing the wide range of risks in our global portfolio. To ensure proper risk management, we have the responsibility to keep our models up to date with market developments and to support the Risk Control team in analysing significant changes in the daily reports.

We are a team of five skilled specialists within quantitative risk modelling. We are collaborative by nature, and we believe that no task is impossible if we put our collective minds to it. We are curious and motivated by improving our solutions, and we are not afraid of making mistakes – as long as we learn from them.

You will get the opportunity to design and implement mathematical models for proactive risk management of a portfolio of complex products in some of the most interesting markets in the world.

Tor Bonde

Head of Product Analysis
Your qualifications

But enough about us… over to you!
As you will be working with a complex domain, we are looking for an innovative colleague who likes taking responsibility. You will drive your own projects, and we see you as someone who always take an interest in moving the team forward and helping where needed. As data analysis and model validation are a big part of your role, we also picture you as both analytical and curious.

We also imagine that you:

• have an education in mathematics, economics, finance or similar (or is about to graduate this summer)
• have experience with Python, .NET, SQL or similar – or are keen to learn
• are curious and interested in learning about the energy markets
• are proficient in English – both written and verbal

Please note that it is not a requirement to have prior knowledge of the energy industry to enter this role.

We offer

We’ll take good care of you
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, tasty food 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 as well as the option to work from home up to two days per week
• Vast development opportunities
  with the help of your own individual development plan, access to our DC University with 50+ courses as well as remote courses through Harvard Learning
• Global career prospects
  as part of the Equinor group with +20,000 colleagues across the world
• 10% paid pension
  as well as a beneficial health care and insurance package
• Great parental leave conditions from day one
  including 26 weeks of paid maternity leave and 16 weeks of paid paternity/co-parent leave as well as the opportunity to join the network Inspired Beyond Babies
• Unlimited paid children’s sick days
  no limit on paid absence days in relation to child sickness
• Extra days off
  five, to be exact, as well as a Yay Day (an additional day off dedicated to ‘me time’) every year – adding to the standard five weeks off each year
• Senior days
  if you’re over 55 years old
• Bonus scheme
• Share savings
  meaning you have the opportunity to participate in our parent company Equinor’s attractive share savings programme
• Paid at home internet and equipment
  including a mobile phone with paid subscription and IT equipment for when working from home
• 100+ yearly social and professional events
  including DC Sports and DC Talks events, gatherings in our book club, bicycle club, student network, wine club, CS:GO team and more
• Various free tickets
  to family-friendly and cultural attractions
• Discounts
  at hotels, restaurants, sports clubs and more
• Organic food
  including a light breakfast, lunch buffet and snacks throughout the day
• An office in the heart of Aarhus
  right next to the central train station

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The process

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 in connection with potential interviews and support you with the relocation process.

About us

What we’re about
We're a tech-driven energy trading company present in 40 markets across five continents. Our +500 people are driven by a need to constantly better things. If you are too, we could very well be the right place for you. You'll join a collective of thinkers and doers. Aspiring chefs, runners, parents, beekeepers, gamers – the list goes on. We're highly specialised experts within our fields. But it’s actually our diversity of ideas we’re most proud of, which is why we continuously work on strengthening an inclusive culture where diverse teams thrive.

Our organisation is flat with an open-door policy. We expect you to care. About your work. About your own and your colleagues’ collective successes. And about the difference we make at Danske Commodities. Together with our parent company Equinor, we have the vision and strength to accelerate the energy transition and make an impact. Like no other.