Senior Quantitative Analyst - CO2, Power

Role: Senior Quant Analyst – Power, CO2, Fuel markets
Location: Dusseldorf Germany
Package: to €100,000pa + bonus and benefits
Type: Permanent
Responsibilities
• Development and maintenance of forward curve models for power, gas, oil, coal, on different markets
• Implementation and calibration of stochastic spot and forward price models
• Development of valuation models for multi-commodity derivatives and real options in energy markets such as virtual power plants, swing contracts, storage, transportation rights
• Parameterization and back-testing of quantitative models using inferential statistics and time series analysis
• Work closely with Front, Mid and Back Office to develop valuation, hedging, and optimization concepts, continuously seeking new opportunities
• Ensure prompt service and a close relationship to Front Office and other teams by providing modelling and analysis competence
Qualifications
• University degree in natural sciences or engineering
• Three years experience in energy markets (power, gas, coal, oil or emissions)
• Proven track record of applying financial engineering and stochastic calculus, stochastic quantitative modelling, stochastic price processes and inferential statistics in an industrial setting
• Good coding skills in Matlab, VBA or other similar software packages
• Excellent communication skills to successfully convey technical concepts to educated customers
• Strong service attitude and process orientation, with an ability to work to tight deadlines
To apply, please contact Paul Furlong at Connect Resourcing
paul.furlong@connectresourcing.com
Connect Resourcing provides high quality permanent and interim recruitment solutions to the UK and European Energy & Commodities sectors.