Senior Model Developer

Ørsted A/S; Gentofte Kommune; On-site; DKK 900,000 - 1,200,000; Full time

Job summary

Ørsted A/S is seeking a quantitative developer to build and improve core market models supporting short- and mid-term energy analyses. You’ll combine Python development with a passion for energy markets to deliver scalable models used daily by trading and commercial teams.

You’ll work with analysts, traders and platform teams to ensure high-quality data-driven insights, while embedding governance and robust testing practices. This is a full-time role in Denmark.

Qualifications

• background in quantitative development, engineering, economics, or similar, or equivalent experience.
• possess deep knowledge of European gas markets
• write scalable, well-tested Python code and apply modern development practices.
• are familiar with version control, CI/CD, and collaborative software development.
• work confidently with data, including time series analysis, SQL, and data visualisation tools.
• are motivated to build expertise in energy markets and translate it into models.
• communicate clearly and work effectively both independently and as part of a team.

Responsibilities

• developing our new gas supply and demand to enable our gas trading and portfolio management activities
• developing and improving gas and power market models for supply-demand and price formation.
• integrating key drivers such as weather, fuel prices, outages, and interconnector flows into models.
• ensuring model outputs reflect market behaviour across short- and mid-term horizons.
• improving model governance, monitoring performance, and keeping assumptions and data up to date.
• collaborating with traders, analysts, and developers to deliver actionable insights and recommendations.

Skills

Python programming

Time series analysis

SQL

Data visualization

Cross-functional collaboration

Gas markets knowledge

Tools

CI/CD practices

Job description

Join us in this role where you’ll develop and improve core market models that support short- and mid-term analysis. You’ll combine strong Python development with an interest in energy markets to deliver scalable, reliable models used daily by trading and commercial teams.

Welcome to Forecasting & Market Analysis

You’ll be part of Forecasting & Market Analysis where you together with your colleagues will develop models and forecasts supporting trading and portfolio decisions across power and gas. You’ll work closely with analysts, traders, and platform teams to ensure high-quality data-driven insights.As a team, we collaborate across disciplines, share knowledge, and continuously improve how we model and understand energy markets.

You’ll play an important role in:

• developing our new gas supply and demand to enable our gas trading and portfolio management activities
• developing and improving gas and power market models for supply-demand and price formation.
• integrating key drivers such as weather, fuel prices, outages, and interconnector flows into models.
• ensuring model outputs reflect market behaviour across short- and mid-term horizons.
• improving model governance, monitoring performance, and keeping assumptions and data up to date.
• collaborating with traders, analysts, and developers to deliver actionable insights and recommendations.

To succeed in the role, you:

• have a background in quantitative development, engineering, economics, or similar, or equivalent experience.
• possess deep knowledge of European gas markets
• write scalable, well-tested Python code and apply modern development practices.
• are familiar with version control, CI/CD, and collaborative software development.
• work confidently with data, including time series analysis, SQL, and data visualisation tools.
• are motivated to build expertise in energy markets and translate it into models.
• communicate clearly and work effectively both independently and as part of a team.

Maybe you’ve read the above and can see you have some transferable skills, even though they don’t quite match all the points. If you think you can bring something to the team, we still encourage you to apply.

Shape the future with us

As an applicant or employee, you may request reasonable work and position accommodation or adjustments via [e-mail].