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Trading Analyst/Specialist – Global Energy & Materials

Posted 11 Sep 2022
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Work experience
2 to 4 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)

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WHO YOU'LL WORK WITH

You will be based in either our Madrid, Amsterdam, Dusseldorf, Lisbon, or Wroclaw office as a member of our global Power Solutions team, focused across the commodity spectrum.

Power Solutions Trading is focused exclusively on trading across Power, Natural Gas, Oil, Metals, Mining, and Agricultural products with a track record of successfully delivering capabilities and technology-enabled consulting services and solutions to our clients. Power Solutions combines the most advanced digital tools along the entire energy value chain - from renewables, and traditional generation to transmission and distribution to new downstream (e.g. batteries, hydrogen). We enable the deployment and development of a portfolio of McKinsey proprietary solutions required to successfully tackle and solve the complex challenges of the global energy transition. These include solutions for predictive portfolio management and performance optimization of downstream assets, power market modelling, benchmarking tools, and data/tech architecture solutions.

Power Solutions has seen a triple digit growth rate every year since inception and is now scaling out an even more ambitious growth plan into adjacent opportunities (e.g. climate change) to integrate and build new offerings that can better enhance our value proposition to clients globally.

WHAT YOU'LL DO

You will support client studies and apply advanced analytics tools to help trading groups and departments make smarter decisions in their day-to-day participation in the commodity markets.

In this role, your responsibilities will include managing their risk exposure, optimizing their asset dispatching, reducing the risk for market deviation penalties and enhancing their prop trading activities. It may also fall under capability building, transformation of end-to-end process (e.g. deal origination, middle-office processes, etc.).

You will be part of the team that converts public, proprietary and client data into optimization algorithms required to optimize the energy assets of our clients and deliver the insights on specific challenges they face. During deployment, you will work with cross-functional client teams including trading experts, industry executives, engineers, data scientists, IT and software specialists, business managers, etc. You will develop a deep understanding of market dynamics and to clearly articulate results and insights to external clients and internal colleagues. You are simultaneously a business lead, an expert and a data scientist.

You will engage with clients as part of a cross-functional team on studies to drive step-change impact while applying the traditional McKinsey toolkit to gain breadth and depth on the potential options that our clients have to resolve their most complex challenges. You will actively contribute to internal and external outreach efforts to grow the brand awareness and support our client development efforts while identifying new opportunities for McKinsey to develop new digital products to better services our clients.

You will play an active role in the delivery of our value proposition while helping a build a new entrepreneurial knowledge-based business unit as Power Solutions is an extension of McKinsey's service and is expected to grow substantially within the next five years.

QUALIFICATIONS

  • Bachelor's degree and/or Advanced degree in management, engineering, economics, or any other discipline with a quantitative focus; degree in engineering ideally with technical knowledge of power systems is a plus
  • 2-4 years of prior experience in the trading departments of electric power, natural gas, oil and bulk companies with a focus across front, middle and back-office or alternatively specific experience in risk/liquidity experience associated with trading
  • Outstanding record of academic achievement and demonstrated an aptitude for analytics
  • Experience in digital or advanced analytics, or willingness to learn is a plus
  • Strong quantitative skills; expert modelling and experience in large data sets is a plus
  • Entrepreneurial spirit and a keen interest and drive in developing a new offering with massive potential and strong sponsorship
  • Ability to work collaboratively in a team environment and can work effectively with people at all levels in an organization
  • Ambition to work in a fast-paced, result-oriented team with steep learning curve and a strong commitment to coaching and development
  • Strong problem-solving skills and conceptual abilities
  • Interpersonal effectiveness and leadership potential
  • Fluency in English
  • Fluency in German (for Düsseldorf only)

McKinsey is a global management consulting firm where you'll have unrivaled opportunities to work face-to-face with the leaders of the world’s most impressive organizations and to leave your mark.
We provide a broad range of opportunities for you to meet people, make friends, and build networks that can help you wherever your career takes you

Management consulting
Amsterdam
400 employees

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