Power Trading Analyst

Details

You are situated at the heart of Eneco, right between production, sales, and trading. You will work on complex and analytical challenges in the dynamic energy market and help Eneco navigate volatility, risk, and opportunity in the evolving gas and power markets. As a Gas/Power Trading Analyst, you’ll support trading activities with advanced market insights, models, and tools to enable data-driven decisions in a fast-moving and strategic environment.

Responsibilities

• Proactively explore new trade ideas and collaborate with traders on implementation.
• Analyze the fundamental drivers of the power supply & demand balance and translate these into price views and sensitivity analyses.
• Monitor market news and policy developments and identify their impact on the power market.
• Monitor weather developments and their impact on power prices and trading strategies.
• Improve and develop forecasting, fundamental and statistical models used in the desk’s trading activities.
• Improve the energy market and meteorological data landscape and add new data sources.
• Provide briefings for traders and other colleagues within Eneco Energy Trade.
• Help monitor and analyze trading positions and PnL; assist in reporting and tooling responsibilities of the Trading Analysis team.

Requirements

• MSc or PhD in a quantitative field.
• At least 3+ years of relevant experience in power market analysis within a trading environment, an energy company, a hedge fund, or a market research company.
• Ideally experience building and using power fundamental and quantitative models.
• Solid Python programming skills and experience working with databases.
• Analytical, hands-on and pragmatic approach.
• Flexibility to operate in a dynamic trading environment where targets change frequently.

Where you’ll work

• Join the Trading Analysis Team, a front-desk analytical team working alongside traders responsible for trading power, gas, and carbon from day-ahead up to several years ahead using physical and financial instruments.
• Primary focus on European power markets; close collaboration with colleagues covering gas and carbon.
• International, high-paced, collaborative environment.
• Location: Eneco office in Rotterdam with hybrid working (40% office, 40% home, 20% flexible). With manager approval, working abroad (within approved countries) up to 3 weeks/year is possible.

Benefits

• Gross annual salary between €80,000 and €125,000 (including FlexBudget and 8% holiday allowance; depending on role a bonus or collective profit sharing may apply).
• FlexBudget: take as pay, extra holiday days or save it.
• Personal and professional development support.
• Hybrid working model and flexible schedule to support work-life balance.

Additional information

• The role has direct impact on trading decisions and strategies and may involve discretionary and systematic trading strategies.
• Involvement in automating trading processes, adding new data sources and improving desk capabilities.
• To apply, submit your CV and motivation letter through the recruitment system or contact the recruiter listed in the vacancy.