Quantitative analyst for short-term power trading

Quantitative analyst for short-term power trading
Location
Aarhus, Denmark

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

Deadline
25.09.2024. We will be screening candidates on an ongoing basis. 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? And would you like a job where your contributions have direct impact on our business? If so, grab this opportunity to become our new quantitative analyst for Intraday Analysis!

The job

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

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. Our primary area of responsibility is to develop strategies and quantitative models that enable decision-making for our trading and flexible asset business.

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 to fine-tune the infrastructural engine of our power trading business.

Join a leading analysis team in short-term power trading and support the development of strategies for trading and optimising flexible assets

Peter Lumbye Thomsen

Head of Intraday Analysis
Your qualifications

But enough about us… over to you!
As you will be developing models and analyses used for decision-making, we are looking for someone that has a data-driven approach and an eye for market risks while also evaluating other factors in your analyses. Also, as we operate in an ever-changing market, we see you as someone who thrives in a dynamic environment and has the ability to quickly adapt to market conditions.

We also imagine that you:

• have an educational background in a quantitative field, for example 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 as you should be able to explain your analyses to stakeholders who do not have the same insights as our team
• are proficient in English - both written and verbal

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 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. 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.