Quantitative trader

Cph Ai Hub; Aarhus; Hybrid; DKK 673,000 - 1,121,000; Full time

Benefits offered by this job

DC University courses

Harvard Learning access

Flexible work life

Job summary

Danske Commodities is hiring a Quantitative Trader to own systematic strategies across European gas and power forwards. You’ll develop, test and run models backed by data, taking responsibility for strategy performance and risk.

You will work with a team of quantitatively strong colleagues, leveraging ML, statistics and production-grade Python to generate alpha and manage live PnL. This role is based in Aarhus and offers strong development opportunities.

Qualifications

• MSc or PhD in statistics, economics, mathematics, physics, computer science, financial engineering or related quantitative field.
• Understand financial markets and trading, forwards/futures, curves and spreads, and risk/return.
• Solid foundation in applied statistics and machine learning with commercial judgement.
• Proficient in writing clean, production-ready Python code.
• Experience with real PnL from trading, prop environment, or serious personal project.
• 4+ years of relevant experience in trading, quantitative research or similar.

Responsibilities

• Generate and test new trading ideas across gas and power forwards and identify mispricing opportunities.
• Develop signals and models using machine learning and quantitative methods and move promising ones to production.
• Run automated strategies with position sizing, execution setup and ongoing monitoring.
• Own the PnL and risk of your strategies within your mandate and scale successful ideas.
• Collaborate with traders, analysts and engineers to turn ideas into robust, scalable strategies.
• Explore new data, products and methods to find new sources of alpha.

Skills

Quantitative analysis

Python

Machine learning

Statistics

Trading acumen

Education

MSc/PhD in quantitative field

Job description

Enjoy turning quantitative ideas into live trading positions across gas and power forwards markets? Join us to take ownership of your strategies, turning patterns in data into market opportunities.

The job

Here’s what the job entails

As a Quantitative Trader, you will find, build and run systematic strategies across the forward markets for gas and power. You decide what to trade and how to do it as long as you can back it with data and sound analysis. We succeed as a team, but you own your strategies, their risk and PnL.

More specifically, your responsibilities include:

• generating and testing new trading ideas across gas and power forwards, and identifying where the market is mispriced
• developing signals and models using machine learning and advanced quantitative modelling, and taking the most promising ones into production
• running your automated strategies in the market, including position sizing, execution set-up and ongoing performance monitoring
• owning the PnL and risk of your strategies within your mandate, scaling what works and shutting down what does not
• collaborating with traders, analysts and engineers to turn ideas into robust, scalable strategies
• continuously exploring new data, products and methods in the search for new sources of alpha

The team

Meet the team

You will join our Forward Automated Trading team, which develops and operates systematic strategies in the European gas and power markets. We are expanding the team with two new colleagues, and you will have a real influence on our direction and strategy portfolio from the start.

You will work alongside colleagues with strong quantitative and engineering backgrounds, who provide a solid technical foundation. On top of that, you get the freedom to pursue your own ideas and the responsibility that comes with it.

We give people the freedom to pursue their ideas, but also the responsibility of executing them in live trading. Quant traders succeed when combining sharp analytical skills with a strong sense of what moves the markets.

Frederik Nielsen

Head of Forward Automated Trading

Your qualifications

But enough about us… over to you!

As you will have a big say in our trading strategies, we imagine that you enjoy combining quantitative analysis with commercial judgement and taking responsibility for the outcomes. You are motivated by taking ideas all the way from hypothesis to live trading. We succeed as a team, so we also expect that you are a team player who likes to challenge ideas, discuss trading decisions and openly share what works and what does not.

Furthermore, we imagine that you:

• hold a MSc or PhD in statistics, economics, mathematics, physics, computer science, financial engineering or a related quantitative field
• understand financial markets and trading, including forwards and futures, curves and spreads, and risk and return
• have a solid foundation in applied statistics and machine learning, and know how to use it with sound commercial judgement
• can write clean, production-ready code in Python
• have experience with real PnL, for example from trading, a prop environment, a research desk or a serious personal project
• bring 4+ years of relevant experience from trading, quantitative research or a similar environment. We are equally interested in demonstrated expertise, and we would love to see your Kaggle profile, GitHub repositories or similar, if you are early in your career. We will tailor the role to your profile

Please note that prior knowledge of the energy sector is not required for this role.

We offer

We’ll take good care of you

At Danske Commodities, we take great care of our people. Joining us means you’ll get a lot of great perks – including social events, cultural experiences, tasty food and benefits to better your health, your life and your future.

Here are some of the benefits we offer our employees:

• Shape your developmenttailored growth plans, 100+ DC University courses & Harvard Learning access
• 100+ yearly eventsfrom office parties to DC Sports events, CS:GO team, student network & more
• Global career pathsas part of our parent company, Equinor’s 20,000-strong international network
• Flexible work lifeadjustable hours, part-time options & up to 2 work from home days/week
• Fuel Fridays one paid Friday off every month (July and December excluded)
• Top-tier parental leaveup to 26 weeks paid, pension during leave & post-leave support
• Unlimited paid child's sick days because family comes first
• Extra time off5 additional days on top of your 5 weeks
• Senior days extra time off if you’re 55+
• Attractive package10% pension, health insurance, bonus scheme & more
• Share savings the option to join Equinor’s attractive share programme
• Home setup covered paid internet, phone & IT gear
• Free tickets & discountsculture, family fun, hotels, restaurants & more
• Organic meals light breakfast, lunch, snacks, dinner & take-away
• Barista caféhigh-quality coffee, always on us
• On-site wellnessstate-of-the-art gym, physio, chiro and massage therapy
• HQ in the heart of Aarhuswith stunning views, inspiring architecture and close to public transport
• … and much more

The process

Recruitment process and relocation

You can read more about our recruitment process here. Please note that if you are an international candidate, we will reimburse travel expenses in connection with potential interviews and support you with the relocation process.

About us

What we’re about

At Danske Commodities, we trade energy across 40+ markets and deliver solutions for energy producers and large-scale consumers.

Our people work together to find value in everything we do and deliver it. For our partners. And for the energy system as a whole. Together with our parent company Equinor, we operate on a scale few trading houses can match.

Our organisation is flat with an open-door policy. We expect you to care. About your work. About your colleagues. And about the difference we make.

Aspiring chefs, beekeepers, runners, parents, gamers – we’re proud of our diversity of ideas. What binds us together is that we all find average genuinely uncomfortable and want to do something about it.

We’re big on trust and providing the freedom for you to thrive. Together, we’ll make sure you’ll be the best version of you. Because happy employees perform better and we’re in this for the long run. No matter the stage in life you’re in, we’ve got you.

Join us. You'll love Mondays.

A workplace like no other

In 2025, we moved into our new headquarters in the heart of Aarhus – a workplace built for the precision, focus and collaboration that define how we work. With state-of-the-art facilities, our own barista café, a modern fitness centre and views worth coming in for.