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Quantitative Analyst

Posted: 28/11/24
Recruiter:Veolia
Reference:2858405723
Type:Permanent
Salary:Competitive
Location:City, London
Description:

Salary: Competitive per annum plus bonus and Veolia benefits

Location: Hybrid - London/Home

When you see the world as we do, you see the chance to help the world take better care of its resources, and help it become a better place for everyone. It's why we're looking for someone who's just as committed as we are, to push for genuine change and bring our ambition of Ecological Transformation to life.

We know that everyone here at Veolia can help us work alongside our communities, look after the environment, and contribute to our inclusive culture.

What we can offer you;

  • Access to our company pension scheme
  • Discounts on everything from groceries to well known retailers
  • Access to a range of resources to support your physical, mental and financial health; so you can lean on us whenever you need to
  • 24 hour access to a virtual GP, 365 days a year, for you and family members in your household
  • One paid days leave every year to volunteer and support your community
  • Ongoing training and development opportunities, allowing you to reach your full potential



What you'll be doing;

Within this role you will develop trading tools and models to manage real time and potential imbalance exposure and unhedged length for the D-1 auction. You will also be tasked to produce quantitative market analysis identifying opportunities and trends contributing to new hedging strategies for the curve.

  • Analysing primary data in the european energy markets (gas, power, coal and carbon) to identify useful insights for curve hedging strategies
  • Develop trading tools and models to help Energy Forecast Analyst manage real-time imbalance management during business hours
  • Develop trading tools and models as directed by the Energy Risk Manager and Trading Operations Manager to optimise unhedged position from 'Day-ahead' to 'within-day'
  • Development of risk tools in accordance with Group Hedging Policy
  • Review plant actual generation and help develop generation forecast in conjunction with IoT team
  • Develop fundamental power price scenarios & stack modelling to define trading strategy
  • Analysis to support Risk Manager in managing existing flexible assets and developing new investment proposals
  • Coordinate with 3rd party consultants to provide reports to Veolia
  • Maintain and ensure compliance of procedures as directed by the Risk Manager for the management of the Front Office
  • Support Risk Committee decision-making process on hedging power
  • Support / Develop revenue stream reporting from PPA
  • Support the interaction with wider Energy Market teams, Operations, Finance and Senior Management.



What we're looking for;

  • Highly Numerate and Analytical
  • Experience of developing forecasting models and quantitative analysis techniques
  • Highly skilled in use of more than one of the following programming languages: Python, R, SQL, Java, C/C++
  • Knowledge of UK Power and Gas Market
  • Experience of working with PowerBi desirable



What's next?

Apply today, so we can make a difference for generations to come.

We're proud to be listed in The Sunday Times Best Places to Work 2024, being named as a Top 10 Very Big Organisation to work for two years in a row! This accolade further demonstrates our commitment to our people and our actions in creating an environment where everyone can be their true selves and enjoy working at Veolia.

We want to ensure that you feel supported throughout the application process and provide reasonable adjustments where necessary and requested. If you require any reasonable adjustments as part of your application and interview process please do not hesitate to let us know.

We know how important it is to be fully committed to building and maintaining a diverse and inclusive place to work for every one of our colleagues. We are committed to ensuring that all job applicants and members of staff are treated equally, without discrimination because of sex, gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, nationality, ethnic or national origin, religion or belief, disability or age.

We therefore welcome and encourage all candidates who meet the minimum requirements to apply.

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