Trading Quantitative Analyst

1 week ago


Melbourne, Victoria, Australia Engie Group Full time
Trading Quantitative Analyst - VIE (H/F)

Southbank, AU, 3006 About US (GEMS):

ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE's assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group's large and diverse asset portfolio over 20+ years.3,300 employees around the world develop our solutions, through +20 international business platforms.

We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products.

Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,00 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials.

Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.


Our 4 expertises:

  • Asset management
  • Energy transition services
  • Energy supply & global commodities
  • Risk management & market access At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEM Hub ) or Linked In ).

Organization & Context:

Within the GEMS Business Unit, the Australia and New Zealand Business Platform (BP ANZ) are managing and developing the group's trading activities for these regions around 4 main pillars: risk management and market access, asset management, green solutions and energy supply businesses.

The missions of the BP ANZ are:
  • Support the development and the operations of the other GBUs (Global Business Units) in all aspects related to risk representation and risk management
  • Develop a commercial franchise which contributes to the overall risk management of the portfolio and generates value The GEMS ANZ Analytics team develops market insights and quantitative models.

These are used to optimise dispatchable assets, forecast customer consumptions, risk manage positions, assess long term prices, value hedging product and shape strategy.

The purpose of this role is to provide subject matter expertise for quantitative commodity trading models built by the Analytics team.

The analysis and insights generated will lead to improved decision making across the rest of GEMS ANZ and the wider ANZ business.


Main activities:

The incumbent is responsible and accountable for the following key responsibilities: activities which can align to evolve with the business' requirements.


  • Develop quantitative financial models to value energy derivatives (Power, Green, Gas)
  • Engage with the Forward Trading and Commercial teams to develop and operate models and tools to support trading decisions
  • Work together with Head of Analytics or Head of Forward Power Trading on complex, ill-defined tasks with minimal assistance from Manager (i.e.
gather requirements, come up with design, implement and test)

  • Ensure that the analytical work is complete to a high standard and on time, while regularly communicating the status of the project
  • Provide thought leadership and creativity in developing innovative solutions to new problems, together with the Head of Analytics and Principal Analyst Quantitative Modelling
  • Proactively suggest new possibilities for analytics/projects to the Head of Analytics and Head of Forward Power Trading The incumbent must adhere to all regulatory and compliance requirements relevant to the requirements of the role.

You must comply with all Health Safety & Environment compliance requirements, as they apply to your position, other team members and to the Company.


Level of Education:

  • Tertiary degree in relevant discipline
Masters/Ph D in Quantitative Discipline (Maths/Physics/Engineering) favourable Specific Business Understanding:

  • Experienced within the wholesale electricity, gas, and financial markets (ideally in Australia) and the fundamentals of how these markets operate and interact.

Knowledge, Skills and Experience:

  • 1 to 5 years relevant experience to the role
  • NEM experience favourable
  • Experience developing and running quantitative models to support commodity trading.
E.g.
Option valuation models

  • Technical / programming skills
  • SQL, Microsoft Excel, coding in R and Python
  • Statistical skills
  • Collection, organisation, analysis, and interpretation of numerical data
  • Excellent analytical thinker and problem solver
  • work revolves around coming up with models, tools and techniques that have not been done before, as such, there is a lot of experimentation
  • Project Leadership and mentoring of junior team members If you meet these requirements, then you are the talent we are looking for.
Do not waste time Apply by attaching your updated CV, regardless your gender.

ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provide equal employment opportunities for all individuals.

All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.


Division:
GEMS - BP AUSTRALIA
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