Quantitative Analyst Internship

RWE Trading Services Australia Pty Ltd 

Location: Melbourne, Australia

Start date: November 2025

Internship Duration : 6 - 9 months

About Us

The Quantitative Analyst Internship at RWE Trading Services Australia Pty Ltd offers a unique and immersive opportunity to explore the world of quantitative trading. Based in our Melbourne office, this program enables interns to closely observe energy trading in action, leveraging statistics, applied mathematics, computer science, and cutting-edge technology to drive trading strategies.

Our structured education program seamlessly integrates classroom instruction with hands-on trading experience, offering a comprehensive foundation in trading principles. This program is designed to equip interns with a deep understanding of market dynamics and help them evaluate quantitative analysis as a potential long-term career.

What You'll Do

• Apply statistics and mathematical creativity to high-impact trading projects over the 6-month program.
• Collaborate with analysts, traders, and technologists to transform quantitative models into actionable trading strategies.
• Engage in an industry-leading training program covering mathematical modelling and algorithm development to lay the groundwork for a successful career in quantitative analysis.

What You Bring to the Team

• Pursuing a Master's or PhD in Computer Science, Applied Maths, IT, Econometrics, Statistics, or a related field.
• Strong foundation in applied mathematics and statistics, with expertise in areas like optimisation, machine learning, time-series analysis, and pattern recognition.
• Proficiency in developing data-driven algorithms and implementing mathematical models in Python.
• Experience working with large and complex datasets, extracting insights and translating them into actionable solutions.
• Excellent analytical abilities with strong attention to details.
• Strong communication skills to effectively convey insights and collaborate within a team.

Nice to have

• Hands-on experience applying machine learning and deep learning techniques for time-series forecasting.
• Understanding of financial modelling and project evaluation.
• Knowledge of Australia's National Electricity Market (NEM).

 What to Expect During the Internship

• Hands-on projects guided by experienced analysts, offering real-world exposure.
• Community-building activities, including networking and exploring the city with fellow interns.
• Mentorship opportunities to discuss professional development goals and challenges.
• Access to a global team, fostering cross-cultural collaboration and industry insights.

Project Plan & Scope of Work

The Project Plan represents the mutually agreed scope of work between RWEST AU and the intern. It aims to address a research problem while providing a professional development opportunity. Progress will be monitored against milestones, ensuring alignment with the intern's capabilities, access to resources, and allocated time for education and mentorship.

1. Project Background

RWE Supply & Trading Australia (RWEST AU) is actively enhancing trading tools, models, and visual displays tailored to the dynamic Australian energy and certificates market. While RWEST AU possesses deep commercial and trading expertise, there is a growing need to leverage programming and AI modelling to refine these essential resources.

Currently responsible for the trading and hedging of approximately 400GWh of electricity annually, RWEST AU seeks robust, user-friendly trading models that optimize performance and decision-making. The internship will focus on developing advanced tools for forecasting, valuation, and back-testing strategies.

2. Research to be Conducted

1. 
   
2. Market Analysis:

• Conduct in-depth analysis of key Australian energy markets, including electricity price data, FCAS price data, asset generation data, and LGC price data.
• Identify market trends, correlations, and trading opportunities using statistical and machine learning models.

1. 
   
2. Understanding Market Drivers:

• Explore factors influencing energy markets, such as global commodity prices, government policies, and industry targets.
• Leverage RWEST AU's access to relevant market intelligence and corporate resources to anticipate fluctuations.

1. 
   
2. Optimisation Strategies:

• Develop robust forecasting and trading models to enhance decision-making.
• Implement risk mitigation strategies and capitalise on emerging opportunities.

 3. Expected Outcomes

1. 
   
2. Development of essential trading tools and models, including:

• Forecasting tools to assess financial performance and anticipate revenue streams.
• Valuation models to evaluate asset costs and option values.
• Back-testing frameworks to refine trading strategies.

1. 
   
   1. 
      
   2. Integration of developed tools and models into existing platforms, such as Python, Tableau, and Excel, ensuring accessibility and usability across the organisation.
   3. Flexibility in tool functionality, allowing for both stand-alone usage and integration into existing trading systems.

 4.Intern Training & Professional Development

• Industry-Specific Skill Development: Gain deep insights into the energy and commodities trading sector, enhancing your technical expertise.
• Cross-Cultural Exposure: Engage with global RWEST teams, improving international collaboration and communication skills.
• Practical AI & Data Science Application: Leverage AI modelling and statistical techniques to develop bespoke solutions for the Australian energy market.
• End-of-Internship Presentation: Showcase your work to RWEST AU leadership and international teams, providing exposure and recognition for your contributions.

Why Join Us?

• Cutting-Edge Work: Be part of a team that is shaping the future of quantitative trading in the energy sector.
• Hands-On Training: Work alongside seasoned traders, researchers, and technologists, applying your skills in a real-world setting.
• Strong Career Pathways: Gain valuable insights and practical experience that can pave the way for a future career in quantitative trading or financial markets.

If you're passionate about data-driven trading, AI modelling, and financial markets, this internship offers the perfect blend of theoretical learning and hands-on application. Join RWEST AU to accelerate your career and make an impact in the dynamic world of energy trading

Apply now and be part of the future of energy trading

Find out more on  Any questions? Aruna Richard :
 
You can also find us on LinkedIn and Instagram. 

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.

About us
RWE Supply & Trading is our connection to the world's energy markets. With headquarters in Essen, Germany, the tight-knit around 2,200-strong team's drawn from over 90 countries, and operates Europe's largest and most advanced energy trading floor – trading a mix of electricity, gas, commodities and CO2 emission allowances. They commercially optimise our power plants' dispatch and take care of the renewables electricity sales, too.

Tech-led and customer-focused, the teams agile mindset helps them respond and adapt intelligently to work that never stands still. Each day, there's a chance to grow as you create the financial foundations to invest in our green future. From well-established graduate programmes to success-related recognition - you'll experience a culture energised by trust, passion and performance.