Quantitative Analyst

You are situated at the heart of Eneco, right between production, sales, and trading.

You work on complex and analytical challenges in the dynamic energy market.

You’ll help Eneco navigate volatility, risk, and opportunity in the evolving energy market.

Why choose Eneco?

The energy transition is in full motion and Eneco is helping to lead it. Our ambition? That goes for our operations and the energy we deliver to millions of customers. From building wind and solar parks to innovating in energy trading. We're investing in real impact and scaling that impact across Europe.

To accelerate this journey, we're looking for sharp analytical minds. As a Quantitative Trading Analyst, you’ll play a key role in supporting our trading activities with advanced quantitative finance models and tools, enabling data-driven decisions in a fast-moving and highly strategic environment.

What you’ll do

You will contribute to the commercial success of Eneco’s trading desk by performing best-in-class quantitative modelling related to option valuation, hedging and related risk quantification. You will be maintaining and constantly improving our existing models, tools, frameworks and also building new ones. You will work closely with other Quantitative Trading Analysts and with our traders.

You’ll be responsible for

• You will have direct impact on trading decisions and strategies and work closely with our traders. This can include both discretionary and systematic trading strategies.
• You will work on topics related to option valuation and hedging.
• You will be involved in other related quantitative modelling topics such as forward curves, Monte Carlo simulation engines, quantifying market risk of our trading portfolio, and others.
• You will use “classical” financial mathematics methods, but also explore machine learning techniques.
• Quantitative software development will be an important part of your work. We develop, review and test our quantitative tools. You will gain experience in all stages of software development and be a driver in using modern tools, such as Azure DevOps, DataBricks, AirFlow, Snowflake, and others.
• You will automate different models and drive the automation trading processes.

Is this about you?

You bring:

• A degree (MSc or PhD) in a quantitative field (financial mathematics, financial engineering, econometrics, statistics, machine learning or other).
• At least 3+ years of relevant experience.
• Knowledge of quantitative finance is a must.
• Proven experience in analyzing data and building quantitative models.
• Excellent programming skills and knowledge about modern code deployment techniques. Python is the main language of development.
• Experience in the energy markets is welcome.
• Pro-activeness in exploring new trade ideas and improving existing models and processes.
• Your approach is analytical but also hands-on and pragmatic.
• The ability to stay focused in a fast-moving environment where priorities shift with the market.

This is where you’ll work

You’ll join the Trading Analysis Team. This is a front-desk analytical team which works alongside traders on our trading desk, which is responsible for trading carbon, gas, and power from day-ahead up to several years ahead, using futures, options and other derivatives. The team provides the analytical backbone of the desk. Your primary focus will be the European exchange traded carbon markets (EUA, UKA), but you’ll collaborate closely with colleagues covering power and gas. The environment is international, high-paced, and collaborative — bringing together talent from diverse academic and professional backgrounds.

What we have to offer

Gross annual salary between €86.000 and €128.000

Including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing.

FlexBudget

Have it paid out, use it to buy extra holiday days or save it up for something nice, it's up to you.

Personal and professional growth

Eneco is fully committed to help you in your personal and professional development.

Hybrid working: home, office or abroad

Work 40% at the office, 40% from home, and 20% flexibly. With manager approval, you may work abroad (within approved countries) up to 3 weeks/year, max 2 consecutively.

Work that works for you and the climate

If you decide on a career at Eneco, you are choosing ambition, growth and opportunities. You will have all the space you want to improve yourself and do your job the way that suits you best, which includes having a good work-life balance. You can work to a flexible schedule and work partly from home if your role allows it. That is how you can work on your own future and on the future of the world. After all, you and your 4,000 colleagues are committed to our mission: climate neutrality by 2035. We assist customers to accelerate their sustainability efforts, devise innovative solutions and seize opportunities with both hands. Are you ready?