Quantitative Risk Analyst (w/m/d) in Energy Markets

Company Description

Statkraft has been making clean energy possible for over a century. That’s what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don’t see renewable energy as part of the solution – we believe it must be the solution. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there is more work to be done – that is why we need you to join!

Working in Risk in Market Operations

The purpose of the Risk department in Market Operations is to secure satisfactory risk evaluation and risk communication to enable Statkraft Trading & Origination and asset optimization business. Our responsibilities include P&L and risk reporting, risk management support, development of the risk models, risk methodologies and risk framework. Part of the enablers to ensure the success of Statkraft growth strategy is to have a strong risk team.

Job Description

As a quantitative risk analyst, you will provide risk modelling services to the risk department and contribute to ensure that our risk measurement is adapted to the development in Statkrafts Market Operation business but also the changes in the energy markets. You will:

• Contribute to the development of risk models covering physical energy assets, option trading, and non-standard long-term contracts.
• Calibrate the stochastic price scenario models and contribute to include fundamental analysis in our risk models.
• Provide guidance and increase the capabilities of the risk function in the areas of quantitative risk modelling and analytics.
• Collaborate with other team members in the risk function and with front offices.

Please note that this position is open for our locations in Amsterdam, Düsseldorf or Oslo.

Qualifications

• University degree in a quantitative field within mathematics, economics, physics, or engineering
• Insight in the field of quantitative finance and risk (valuation, risk modelling, statistical analysis)
• Experience and understanding of stochastic price scenario modelling and of the mathematics behind it.
• Solid coding skills (Python preferred)
• Strong interest for the European energy markets, and financial market concepts
• Relevant experience from the energy sector is an advantage
• Highly structured and solution oriented
• Proactive team player with integrity and the ability to communicate complex issues in a clear manner
• Fluent in English, both written and spoken

Our profile description contains a variety of different competencies that are relevant for the position. Please apply even if you do not yet meet all points 100%. We believe that everything can be learned and we are happy to support you in doing so!

Additional Information

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:

• Unlimited learning opportunities at various levels of the organisation
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.
• The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet”.
• A work culture that puts emphasis on the individual, offering flexible working solutions, and work life balance principles.
• Monetary childcare subsidy to support you and your family.  
• A focus on fun outside of work, supported by various activity groups such as soccer, yoga, sailing, climbing, boxing, cabin rentals, and much more.  
• Being part of a company proudly certified as a ‘Great Place to Work’.

Statkraft's vision is to renew the way the world is powered. To navigate the complex journey ahead, we need every voice at the table. We therefore work actively to be a diverse and inclusive workplace and welcome all  applicants regardless of background, gender, age, sexual orientation, religious belief, ethnicity, nationality or disability.