Titel
Quantitative Developer / Financial Analyst with Quantitative Skills
Virksomhed
Ørsted A/S
Frist
Afsluttet
Indhold
- Apply your financial and / or quantitative skills to create the best models and optimisation tools to support energy traders and asset managers
Ørsted (Nasdaq OMX: ORSTED) is one of Northern Europe's leading energy groups and is headquartered in Denmark. Around 5,600 ambitious employees develop, construct and operate offshore wind farms, generate power and heat from our power stations as well as supply and trade in energy to wholesale, business and residential customers. The Group generated revenue in 2017 of DKK 59,5 billion and EBITDA DKK 22,5 billion. As part of our transformation to green energy our name is changed to Ørsted as of 31 October 2017. Read more on orsted.com
At Ørsted, our vision is a world that runs entirely on green energy. We want to revolutionize the way we power people by developing green, independent and economically viable energy systems. By doing so, we create value for the societies that we’re a part of and for all our stakeholders. Our strategic focus is green growth within renewable generation, storage and customer solutions. We have a world leading market position and competence in offshore wind and bioenergy, regional positions in energy sales where we are developing innovative customer solutions, and power distribution in Denmark.
The position as Quantitative Developer is located in the team Analytics, Prices & Tools which is part of the Group Finance Organisation in Ørsted, however physically located next to the trading floor and sales business. The team supports Ørsted´s energy transformation through being responsible for providing high-quality analytics and tools to support decision making in Markets, Sales and Finance. The team develops and implements quantitative tools for valuation and optimisation of energy assets and trading in close cooperation with traders and asset managers. Further, the team is responsible for models for forward curves, tools for forecasting complex prices and providing internal and external market price data.
Responsibilities
As Quantitative Developer you will participate in a wide range of quantitative analytics activities taking point of departure in financial and statistical models primarily developed by the team in Python, C++, C#, Matlab and SAS. You will be part of a team consisting of around 10 dedicated and highly quantitively skilled colleagues – mainly in their early 30´es – working closely together and sharing knowledge. Way of working is in an agile environment based on the SAFe framework. The position reports to Senior Manager of Analytics, Prices & Tools. Your key tasks will be to:
- Deliver value adding quantitative analyses to support traders and asset managers with focus on asset optimisation and trading strategies
- Analyses to support to the developers of Ørsted´s decision support tools
- Take part in developing quantitative, statistical and simulation models for financial and energy markets
- Participate in developing front-end tools to support hedging strategies, asset optimisation and valuation for relevant stakeholders
Location of the position is Ørsted’s site at Teknikerbyen 25, 2830 Virum in the Greater Copenhagen area. Travel activity in the position is limited and estimated to 0-5 days a year.
Candidate Profile
As the ideal candidate, your education and competencies include that you have:
- A master's degree in finance, business administration, economics or other quantitative field – e.g. Cand.Merc.MAT / FIR / AEF, Cand.Polit / Oecon, Cand.Scient.Oecon, Cand.Act., Cand.Stat etc.
- At least a few years of experience – gladly more – from financial authorities, energy sector, financial industry or similar where you have gained experience with financial or statistical modelling
- Some programming experience will be beneficial; relevant languages may be Python, Matlab, R, C++, C#, SQL, SAS etc.
- A motivation to find simple and robust solutions to complex issues, e.g. by applying financial theory on complex energy problems
As a person you have excellent analytical, numerical and problem-solving skills and thrive in an agile setting in a high-paced and changing environment. You have a structured approach to tasks with high complexity yet still able to find a creative approach finding new solutions to solve problems. You deliver swiftly and in high quality and the same time as contributing to the collaborative and unformal atmosphere in the team. Helping your colleagues and creating good relationships with your stakeholders is natural for you. Finally, you enjoy working with both ad-hoc tasks and quantitative development projects, and always have relevant stakeholders in mind when solving the issues at hand.
Ørsted Offers
A challenging Quantitative Developer position where you will be given the opportunity to utilise both your financial skills and develop the coding skills to create tools that matters in the transformation to green energy. You will be exposed broadly to various parts of Ørsted´s business, interacting with e.g. traders, sales department, other finance functions and management. The position can provide network, exposure and a platform for an interesting long-term career in Ørsted.
Interested in the position?
Focus Recruitment supports Ørsted with the search process. If you find interest in the position or have questions, please contact Partner at Focus Recruitment, Steffen Marstrand, sma@focus-recruitment.dk / 5051 9215.