Logo of Huzzle

Find 39,000+ jobs, internships & events from 6,000+ top companies on Huzzle using AI

Quantitative Analyst

image

Veolia

Oct 18

  • Job
    Full-time
    Mid Level
  • Data
    Sustainability
  • London
  • Quick Apply

AI generated summary

  • You must be highly numerate, experienced in forecasting models, proficient in Python, R, SQL, or Java, knowledgeable about UK Power/Gas markets, and familiar with PowerBi.
  • You will develop trading tools and models, analyze energy market data, support risk management, and enhance hedging strategies while ensuring compliance and coordinating with teams and consultants.

Requirements

  • 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

Responsibilities

  • 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.

FAQs

What is the salary for the Quantitative Analyst position?

The salary for the Quantitative Analyst position is competitive per annum plus bonus and Veolia benefits.

Where is the work location for this role?

The work location for this role is hybrid, with options in London or from home.

What kind of training and development opportunities are available?

We offer ongoing training and development opportunities, allowing you to reach your full potential.

Is there any support for mental health and physical well-being?

Yes, we provide access to a range of resources to support your physical, mental, and financial health.

How many paid volunteer days does Veolia offer?

Veolia offers one paid day off per year to volunteer and support your community.

What qualifications are required for this role?

We are looking for candidates who are highly numerate and analytical, have experience in developing forecasting models, and possess skills in programming languages such as Python, R, SQL, Java, or C/C++.

Is experience in the UK Power and Gas Market required?

Yes, knowledge of the UK Power and Gas Market is required for this role.

Do we need to have experience with PowerBi?

Experience with PowerBi is desirable, but not strictly required.

How does Veolia ensure diversity and inclusion in the workplace?

Veolia is committed to building and maintaining a diverse and inclusive workplace, ensuring that all job applicants and staff members are treated equally without discrimination.

What type of analysis will I be conducting in this role?

You will be analyzing primary data in the European energy markets (gas, power, coal, and carbon) to identify useful insights for curve hedging strategies.

What will be my responsibilities regarding the Risk Committee?

You will support the Risk Committee decision-making process on hedging power.

Veolia is the benchmark company for ecological transformation.

Energy
Industry
10,001+
Employees
1853
Founded Year

Mission & Purpose

Veolia is a leading environmental services company that specialises in providing solutions for water, waste, and energy management. They offer a wide range of services, including water treatment and supply, waste collection and recycling, energy generation, and resource management. Veolia's ultimate mission is to contribute to the sustainable development of communities and industries by promoting the circular economy and reducing the environmental impact of their clients' operations. Their purpose lies in preserving natural resources, reducing waste, and optimising resource usage through innovative and responsible solutions. By harnessing their expertise in environmental management and sustainable practices, Veolia aims to create a more resilient and resource-efficient future, supporting the well-being of communities and industries while safeguarding the planet for future generations.

Culture & Values

  • Community Spirit

  • Customer Focus

  • Innovation

  • Respect

  • Responsibility