This job has ended. Find similar jobs.

Quantitative Trading Assistant; Physical Commodities

Posted 5 January by Insight Recruitment Solutions Featured Ended

CLIENT:

One of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas.

ASSIGNMENT:

Environmental Products and Power Analyst is a permanent role based in London within the Power and Emissions Trading Department reporting to the Head of Power and Emissions Trading.

MAIN JOB FUNCTION:

Support Emissions Trading and Power Trading.

KEY RESPONSIBILITY AREAS:

The job holder will provide support to the Power and Emissions Trading Team in the key areas described below:

  • Support Emissions Trading by:

o Assuming responsibility for the timely transfer of emissions and potentially energy efficiency certificates between trading and the various business units;

o Take ownership of emission forecast data collection of the business with emissions that fall under the EU;

o Act as the focal point for any emissions business data requests from internal stakeholders;

o Facilitate internal emissions transactions resulting from cross selling emission solutions to new and existing gas and power customers;

o Following regulatory developments in the environmental products space and sharing relevant insights.

  • Support Power Trading by:

o Being a subject matter expert on the formation on carbon emission prices as well as coal prices and dry bulk freight rates;

o Carrying out ad-hoc analyses on drivers for power prices or anomalous power price patterns.

  • Drive IT enhancements required to trade new and existing environmental or power contracts by being the interface between Front Office and departments such as IT or Middle Office.
  • Drive new product or new market approval processes by engaging with internal departments to obtain sign offs for such approvals.
  • Adhere to all relevant compliance and trading procedures and rules.

CANDIDATE SPECIFICATIONS:

  • Bachelor’s (equivalent) degree or higher in a quantitative subject.
  • Up to 3 years of work experience in a trading house, utility, analytics provider, consultancy.
  • Experience in environmental products and energy (ideally electricity or coal) markets.
  • Ability to build models to analyse a) price formation and b) manage trading positions.
  • Understanding of the fundamental drivers of coal and the European power, gas and carbon markets.
  • Ability to clearly and concisely communicate.
  • Ability to work under pressure, time constraints and to establish priorities.
  • Strong negotiation and influencing skills.
  • Authenticity.
  • Strong team working skills and ability to nurture effective relationships internally and externally.

Required skills

  • Front Office
  • Quantitative Models
  • Quantitative Research
  • Position Management
  • Quantitative Risk

Reference: 34146252

Bank or payment details should not be provided when applying for a job. reed.co.uk is not responsible for any external website content. All applications should be made via the 'Apply now' button.

Report this job