Junior Quantitative Analyst Europe

CONTOURGLOBAL; Madrid; Presencial; EUR 40.000 - 60.000; Jornada completa

Descripción de la vacante

A multinational energy company in Madrid seeks a Quantitative Analyst to optimize trading strategies and assess portfolio risks. The ideal candidate should have a strong analytical background in quantitative fields and experience in the energy sector. Key responsibilities include designing and implementing evaluation algorithms and collaborating on energy sales strategies. The position offers opportunities to work with advanced technologies and a diverse team.

Formación

• 1–4 years of experience in the energy sector as a Quantitative Analyst or similar role.
• Expertise in automation techniques for data collection and management.
• Ability to communicate complex technical topics clearly.

Responsabilidades

• Collaborate on energy sales optimization strategies and hedging policies.
• Design and implement algorithms to evaluate portfolio performance.
• Conduct backtesting of trading strategies.

Conocimientos

Analytical skills

Problem-solving

Experience with databases

Programming skills (Python, R, MatLab)

Knowledge of energy trading

Educación

Relevant academic background in Mathematics, Statistics, Engineering, Finance, or Computer Science

Herramientas

SQL

Excel (macros, VBA)

Azure cloud infrastructure

Descripción del empleo

Overview

ContourGlobal, a KKR Company, led by CEO Antonio Cammisecra, is an established Independent Power Producer (IPP) developing, acquiring, and operating electricity generation and storage assets worldwide. The company currently manages 5.3 GW of installed capacity across different power generation technologies and asset categories, with an additional 1 GW of renewables under construction and a further 9.8 GW under development.

The operational footprint of the company extends to 18 countries across Europe, Africa, Asia, North and South America. The company has committed to speed up the decarbonization of its portfolio with a sustainable transition of its thermal fleet, the repowering of existing renewable assets and the organic development of new renewable projects. ContourGlobal boasts 20 years of a strong collaboration with communities, institutions, and customers that benefit from its electricity supply through long-term contracts or innovative PPAs, coupled with energy management solutions.

As a Quantitative Analyst, you will need strong analytical skills and a keen interest in the energy sector, looking to make a significant impact in a dynamic and innovative environment. You will join the Quant Risk team inside the Energy Management and commercial department of ContourGlobal, a multinational independent power producer, with the aim of taking part in its ambitious growth plan by leveraging advanced technologies and cutting-edge analytics.

Responsibilities

• Collaborating on the definition and implementation of energy sales optimization strategies and hedging policies to maximize portfolio profits and minimize market and operational risks in a volatile power market.
• Designing, developing, and implementing algorithms and mathematical / statistical models to evaluate portfolio performance under different market conditions and analyze the impact of hedging strategies.
• Contributing to the development of innovative automated solutions for asset optimization and trading.
• Identifying opportunities for data automation to improve efficiency and accuracy in energy trading and risk management activities.
• Conducting backtesting of strategies and analyzing performance of different assets and trading strategies.
• Developing and defining tools to facilitate the analysis and visualization of portfolio positions and the evaluation of hedges, ensuring proper reporting of P&L and risk metrics.
• Monitoring the performance of data automation processes and identifying further optimization opportunities while managing modern cloud platform tools.
• Manage an Energy Trading and Risk Management (ETRM) system.

Requirements

• Relevant academic background in a quantitative field (e.g., Mathematics, Statistics, Engineering, Finance, Computer Science).
• 1–4 years of experience in the energy sector (e.g., energy management, trading, or consulting) as a Quantitative Analyst or in a similar role.
• Knowledge of trade support, trade settlement, and risk management processes.
• Expertise in using databases (e.g., SQL or similar).
• Proficient in programming and analytical tools (Python, R, MatLab, or similar environments).
• Proven experience with automation techniques for data collection and management, including the use of APIs and FTPs.
• Advanced knowledge of Excel, including macros, custom functions, and VBA.
• Familiarity with Azure cloud infrastructure is a big plus.
• Strong analytical mindset with a problem-solving attitude.
• Ability to communicate complex technical topics clearly to non-technical stakeholders.
• Solid understanding of the energy business, including trading and finance concepts.
• Self-starter with the ability to adapt to changing priorities and take initiative, always seeking opportunities to improve processes and solutions.

ContourGlobal provides equal employment opportunities and maintains a diverse workforce that reflects the rich environment of the society we live in and markets we operate.