Used Tools & Technologies
Not specified
Required Skills & Competences
Tag name is followed by "@" symbol and proficiency level value.
About proficiency levels:
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Python @ 3
Mathematics @ 3
- 1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;
- 3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;
- 7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;
- 10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.
Details
At Eneco you will build and improve fundamental electricity market models that directly support trading decisions. You will work in a newly formed team where you shape both the models and the way of working, collaborating daily with traders, analysts and tech teams to create real market impact.
Responsibilities
- Build and improve fundamental models of the European electricity market that support trading strategies.
- Connect and prepare large datasets that feed into the models, ensuring high-quality data input.
- Backtest models regularly to evaluate performance under different market conditions and calibrate them to improve accuracy and trading value.
- Translate model outputs into clear and actionable insights for traders and analysts.
- Collaborate with tech teams to make models usable and scalable.
- Identify improvements and new modeling opportunities and stay up to date with market developments and modeling techniques.
Requirements
- Around 2–3 years of experience in a quantitative, analytical or modeling role (posting lists 3–5 years at top of the vacancy).
- Master’s degree in a relevant field (e.g. Mathematics, Physics, Econometrics, Finance).
- Affinity with the energy or electricity market (preferred).
- Experience with modeling, research or quantitative analysis.
- Knowledge of mathematical optimization or operations research.
- Basic programming skills (e.g. Python) or the ability to pick this up quickly.
- Strong analytical and critical thinking skills, attention to detail and a structured way of working.
- Willingness to learn, accept feedback and communicate clearly to both technical and non-technical stakeholders.
Where you’ll work
- You will be part of the Fundamental Market Modeling team, a new team within Eneco focused on building models that support trading strategies.
- You’ll work closely with traders and analysts (daily interaction), tech teams supporting data and tooling, and other stakeholders across trading and analytics.
- The team currently operates in a start-up-like environment: flexible, evolving, and highly collaborative. You’ll typically work from the office three days per week to stay closely connected with your colleagues.
Benefits
- Gross annual salary between €88,000 and €125,000 (including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing).
- FlexBudget: have it paid out, use it to buy extra holiday days or save it up.
- A role that contributes to the energy transition and climate impact.
- Opportunities for professional growth, learning and development.
Contact
- For questions about the job function: Anna Stawska, Lead Market Modeling (contact via the vacancy page).
- For application process questions: Kevin Wouters, recruiter, +31640971932.