Quantitative Power Trader

Charles Levick Limited; Denmark; On-site; DKK 600,000 - 900,000; Full time

Job summary

Charles Levick Limited is seeking an experienced Quantitative Power Trader to join our expanding energy trading desk in Europe. You will develop and trade intraday and day-ahead power strategies, identify market inefficiencies and translate them into systematic opportunities, and take ideas from research to live execution.

Collaborating with traders, quants and developers, you will backtest using large datasets, monitor performance, and contribute to the growth of the European power trading

Qualifications

• 2+ years experience in quantitative trading, quantitative research or systematic trading within European power.
• Strong understanding of European Intraday and/or Day Ahead power markets.
• Strong Python skills and experience working with large datasets.
• Solid understanding of statistical modelling, optimisation and backtesting.
• A strong quantitative, mathematical or technical background.
• Commercial mindset with a genuine interest in finding and exploiting market inefficiencies.
• Track record of developing strategies that have translated into live trading performance.

Responsibilities

• Develop and trade quantitative strategies across European Intraday and Day Ahead power markets.
• Identify market inefficiencies and translate them into systematic trading opportunities.
• Research, backtest and optimise new strategies using large market datasets.
• Take strategies from research into production and monitor live performance.
• Work closely with traders, quants and developers to continuously improve the trading platform.
• Contribute directly to the growth of the European power trading book.

Skills

Python

Quantitative trading

Statistical modelling

Backtesting

Power markets

European Intraday

European Day Ahead

Data analysis

Live trading

Commercial mindset

Job description

A leading energy trading business is expanding its quantitative power trading capabilities and is looking for an experienced Quantitative Power Trader to join the team.

This is an opportunity for someone who wants to have a genuine impact on the trading book, from identifying opportunities and developing strategies through to live execution and performance.

What you will be doing:

• Develop and trade quantitative strategies across European Intraday and Day Ahead power markets
• Identify market inefficiencies and translate them into systematic trading opportunities
• Research, backtest and optimise new strategies using large market datasets
• Take strategies from research into production and monitor live performance
• Work closely with traders, quants and developers to continuously improve the trading platform
• Contribute directly to the growth of the European power trading book

What we are looking for:

• 2+ years experience in quantitative trading, quantitative research or systematic trading within European power
• Strong understanding of European Intraday and/or Day Ahead power markets
• Strong Python skills and experience working with large datasetsSolid understanding of statistical modelling, optimisation and backtesting
• A strong quantitative, mathematical or technical background
• Commercial mindset with a genuine interest in finding and exploiting market inefficiencies
• Track record of developing strategies that have translated into live trading performance

Why this opportunity?

• You will have the opportunity to work on strategies that directly influence the trading book rather than sitting purely within a research function.
• There is scope to develop new strategies, expand across European markets and work closely with an experienced trading and technology team.
• For an experienced quant trader looking for more ownership, this is an opportunity to build rather than simply maintain.