Job Description
Senior Quantitative Analyst, Power Trading
European Power | Düsseldorf (Hybrid)
Location: Düsseldorf, Germany (Hybrid)
Salary: EUR 100,000+ base, dependent on experience
Overview
My client is a leading European energy company with a well-established in-house trading business operating across multiple European power markets. Their power trading desk is a dynamic and collaborative team of experienced professionals, and they are seeking a Senior Quantitative Analyst to join us in Düsseldorf.
This is a unique opportunity for a seasoned quantitative analyst to take ownership of the analytics that drive trading decisions. You will work closely with traders, providing the models, data, and insights they need to succeed in a fast-paced and competitive market.
If you are passionate about analytics, thrive in a trading environment, and are motivated to make a direct impact on trading performance, we want to hear from you.
Responsibilities
As a Senior Quantitative Analyst, you will:
- Develop, enhance, and maintain fundamental models for European power markets, with a primary focus on UK power.
- Analyze key drivers of power prices, including weather patterns, renewable energy output, cross-border flows, and capacity markets, to form actionable market views.
- Collaborate closely with traders to design and deliver tools that support trading strategies and decision-making.
- Assess the desk's existing models and data infrastructure, and define a roadmap for future analytical capabilities.
- Provide strategic recommendations to the Head of Power Trading based on your analysis.
- Build and maintain a network of industry contacts to sharpen market insights and enhance the desk's competitive edge.
Qualifications
Required:
- A minimum of 5 years of experience in a commercial power trading environment, with a proven track record of supporting trading and revenue generation through analytics.
- Strong expertise in UK power market fundamentals, developed through hands-on modeling and analysis.
- Demonstrated ability to use fundamental models to form independent market views.
- A solid understanding of how traders identify opportunities and construct positions.
- In-depth knowledge of interconnectors, capacity markets, and weather-driven price dynamics.
- Proficiency in Python for data analysis and modeling.
- A quantitative degree (e.g., Mathematics, Physics, Engineering, or a related field).
- A strong desire to remain in an analytics-focused role rather than transitioning into trading.
Preferred:
- Experience with continental European power markets, particularly Germany and France (CWE).
- Exposure to multiple trading desks, providing a broader perspective on market dynamics.
Benefits
- Competitive Compensation: Base salary starting at EUR 100,000+, commensurate with experience.
- Hybrid Work Model: Flexibility to work both on-site in Düsseldorf and remotely.
- Impactful Role: A senior position on a small, agile trading desk where your work directly influences trading decisions.
- Professional Growth: The opportunity to shape the analytical framework of a high-performing trading desk.
- Work-Life Balance: Flexible working arrangements to support your personal and professional needs.
Why Join Us?
This role is ideal for a fundamentals specialist who seeks to have a significant influence on a trading desk's strategy without taking on a trading book.
For a confidential conversation about this opportunity, please contact Clay Beranek at clay.beranek@enemixgroup.com.
Lead Quant Analyst in Düsseldorf Arbeitgeber: Enemix
Unser Kunde ist ein hervorragender Arbeitgeber, der Ihnen die Möglichkeit bietet, Teil eines wachsenden Teams im Bereich Hochspannungsinfrastruktur in Deutschland zu werden. Mit einem starken Fokus auf Mitarbeiterentwicklung und einer offenen, kollaborativen Arbeitskultur profitieren Sie von flexiblen Arbeitsbedingungen und der Chance, an bedeutenden Projekten im Bereich erneuerbare Energien mitzuarbeiten. Die gelegentlichen persönlichen Treffen in Berlin fördern den Teamgeist und ermöglichen den Austausch von Ideen in einem dynamischen Umfeld.