(Senior) Quantitative Pricing Analyst I Trading Analyst

Company Description

Vattenfall is a European energy company with approximately 20 000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We now want to make fossil-free living possible within one generation. To be able to reach this ambitious goal we are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission. 

Business Area (BA) Markets maximises the value of Vattenfall’s portfolio by optimising and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimise 3rd party batteries, and enter into origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in electricity, emissions, fuels, freight, and renewable certificates. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with more than 450 professionals working from Sweden, Germany, The Netherlands, and The UK. 

Within Markets the Business Unit (BU) Trading is the energy trading hub of the Vattenfall Group. BU Trading is responsible for all trading activities around Vattenfall's asset and customer flows to maximize value creation and improve sourcing costs. It provides all market access services for standard OTC and exchange-based energy commodities for the Vattenfall Group, which means managing all hedging flows, from generation assets or customers, by our market access function. Next to handling our flow business, BU Trading also has a proprietary mandate. 

Job Description

Do you like to work in the dynamic environment of the trading floor? Are you already contributing to high quality analysis and the success of the trading function using your analytical capabilities and commercial comprehension? Then this job could be the right fit for you.

For our office in Hamburg we are now looking for an engaged and ambitious 

(Senior) Quantitative Pricing Analyst I Trading Analyst

 in the Trading Analysis & Algorithms department.

The Trading Analysis & Algorithms department within the Business Unit Trading works closely with the trading desks and takes a leading role in providing market insights, (fundamental and quantitative) analysis, and ultimately commercial decision support across all commodity areas. The (Senior) Quantitative Pricing Analyst will focus on the pricing and related (market) modelling for our customer demand sourcing and structured trading activities.

Your Job 

• Continuously investigate and improve our hourly price forward curve for power and gas in collaboration with traders and respective supporting functions
• Establish forward looking pricing methodologies, esp. for seasonal shapes
• Keep track of the wholesale market developments and esp. the off-standard market, develop price views, and provide related communication and advice to traders and portfolio managers through various communication channels
• Optimize the pricing for B2C and B2B customers in collaboration with the Continental Power Trading Desk and other relevant stakeholders in BA Markets and cross-BAs
• Price origination deals and structured contracts (both for sourcing and proprietary deals), esp. for the Continental Power Trading Desk
• Further develop the fundamental and mathematical power markets modelling and interface with supporting functions on business-driven model development
• Play an active role in further developing and automating routines, procedures, and applications for pricing-related information and data
• Maintain an effective communication within the organisation
• Be part of the Trading Analysis & Algorithms department and contribute to its analysis output as well as to the commercial success of the BU Trading and the Continental Power Trading Desk in particular.

Qualifications

Your Profile

• Strong academic background with a Master’s degree or higher in, e.g., business, economics, engineering, mathematics or physics
• 3+ years’ relevant experience in analysis, pricing or structuring for Continental European and UK power markets in a commercial or trading environment at energy companies, trading houses, banks, or hedge funds with proven track record
• Experience with fundamental and mathematical models for power markets, and ability to steer business-driven model development in the respective supporting functions
• Experience in pricing options and structured contracts
• Goo