Quantitative Analyst Europe

Quantitative Analyst Europe

ContourGlobal

Madrid, Spain

Key Responsibilities:

As a Quantitative Analyst, you will need strong analytical skills and a keen interest in the energy sector, looking to make a significant impact in a dynamic and innovative environment.

You will join the Energy Management team of CONTOURGLOBAL, a multinational independent power producer, with the aim of taking part in its ambitious growth plan.

Key responsibilities of this role will include:

• Collaborating in the definition and implementation of the optimization of energy sales strategy and hedging policy with the aim of increasing portfolio profits and reducing market and operational risk in a volatile power market;
• Design, development, and implementation of algorithms and mathematical or statistical models intended to evaluate portfolio performance under varying market conditions and impact of hedge strategies;
• Contributing to the build out of innovative automated solutions for asset optimization and trading;
• Identifying areas where data automation can improve the efficiency and accuracy of the energy trading and risk management activities;
• Review the current infrastructure and propose improvements;
• Conduct back testing of strategies and analyze performance;
• Development and definition of tools to facilitate the analysis and visualization of the portfolio position and evaluation of hedges ensuring proper reporting of P&L and risk metrics;
• Monitoring the performance of the data automation processes and identifying opportunities for further optimization and improvement;
• Manage an Energy Trading and Risk Management (ETRM) system.

Qualifications and Skills:

• Relevant academic background in a quantitative field;
• 1-4 years of experience in the energy sector (energy management/trading/consulting) as quantitative analyst or a similar role;
• Knowledge of trade support, trade settlement, and risk management processes;
• Experience with designing, developing, and supporting complex analytical systems:
  • Must have database expertise (SQL or similar) and good knowledge of coding techniques utilizing Python, R, SAS, VB, MatLab, or any similar environment;
  • Must have expertise in automation techniques for data gathering and management;
  • Must have advanced knowledge of Excel in spreadsheets macros, custom functions, VBA, etc.
• Strong analytical skills combined with a problem-solving attitude;
• Ability to communicate complex technical topics clearly;
• Knowledge of the energy business;
• Comfortable with trading and finance concepts;
• Self-starter, with the ability to reprioritize with changing requirements.

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