About the Role
Senior Quantitative Analyst, Power Trading
European Power | Düsseldorf (Hybrid)
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