Quantitative 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 market. As a Quantitative Trading Analyst you will support trading activities with advanced quantitative finance models and tools to enable data-driven decisions in a fast-moving and highly strategic environment.

Responsibilities

• Contribute to the commercial success of Eneco’s trading desk by performing best-in-class quantitative modelling related to option valuation, hedging and related risk quantification (individual option structures and portfolio-level analyses).
• Maintain and constantly improve existing models, tools and frameworks and build new ones.
• Work closely with other Quantitative Trading Analysts and traders; have direct impact on trading decisions and strategies (discretionary and systematic trading strategies).
• Work on topics related to forward curves, Monte Carlo simulation engines, quantifying market risk of the trading portfolio, and other quantitative modelling topics.
• Use classical financial mathematics methods and explore machine learning techniques where appropriate.
• Engage in quantitative software development: develop, review and test quantitative tools and drive automation of models and automated trading processes.
• Use and help drive adoption of modern tools such as Azure DevOps, DataBricks, AirFlow, Snowflake and related technologies.

Requirements

• MSc or PhD in a quantitative field (financial mathematics, financial engineering, econometrics, statistics, machine learning or related).
• At least 3+ years of relevant experience.
• Strong knowledge of quantitative finance is a must.
• Proven experience in analysing data and building quantitative models.
• Excellent programming skills; Python is the main language of development.
• Knowledge of modern code deployment techniques and quantitative software development practices.
• Experience in the energy markets is welcome but not mandatory.
• Pro-active in exploring new trade ideas and improving existing models and processes.
• Analytical, hands-on and pragmatic approach; ability to stay focused in a fast-moving environment where priorities shift with the market.

Where you’ll work

• Join the Trading Analysis Team: a front-desk analytical team working alongside traders on the trading desk (trading carbon, gas, and power using futures, options and other derivatives across short and long maturities).
• Primary focus on European exchange traded carbon markets (EUA, UKA) while collaborating with colleagues covering power and gas.
• International, high-paced and collaborative environment.

Benefits

• Gross annual salary between €86.000 and €128.000 (including FlexBudget, 8% holiday allowance, and depending on role a bonus or collective profit sharing).
• FlexBudget options: payout, buy extra holiday days, or save.
• Personal and professional development support.
• Hybrid working: 40% at the office, 40% from home, 20% flexibly; with manager approval you may work abroad (within approved countries) up to 3 weeks/year (max 2 consecutively).
• Flexible schedule and focus on good work-life balance.

How to apply / Contact

• Apply via the recruitment system by clicking the 'apply' button and sending CV and motivation letter.
• For more information contact the recruiter (Randolph MacKay). Acquisitie naar aanleiding van deze advertentie wordt niet op prijs gesteld.