Senior Quantitative Analyst

Repsol; Madrid; Presencial; EUR 70.000 - 90.000; Jornada completa

Descripción de la vacante

A leading energy company is seeking a Senior Analyst for its Wholesale Gas Trading Control department. The role involves developing quantitative models, conducting risk analyses, and collaborating across departments. Ideal candidates will have extensive experience in energy markets and strong analytical skills.

Formación

• 8+ years of experience in quantitative research, trading, or risk management related to energy markets.
• Strong understanding of option pricing, derivatives, and stochastic calculus.

Responsabilidades

• Develop and maintain sophisticated quantitative models supporting gas, LNG, and power businesses.
• Conduct stress testing, PFE, and Value at Risk analyses for portfolios.
• Communicate and collaborate with other business areas.

Conocimientos

Analytical Capabilities

Knowledge of Natural Gas Markets

Communication

Educación

Bachelor's degree in Engineering

Bachelor's degree in Finance

Bachelor's degree in Math

Bachelor's degree in Business

Herramientas

Microsoft Excel

VBA

SQL Server

FEA

Lacima

Allegro

Descripción del empleo

At Repsol, we are committed to equality and do not request personal information.

We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects, and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.

Key Information :

• Department : Wholesale Gas Trading Control
• Level of experience : +8 years

The team :

The Quantitative Analysis Group reports to the Wholesale Gas Trading Control & Administration Management Unit and provides advanced analytic solutions to help optimize Wholesale Gas Trading’s European portfolio and assets while effectively managing risk.

The Role :

This role involves working closely with departments such as Front Office, Middle Office, Back Office, Credit, Corporate Risk, Process Support, and Accounting. It is suitable for a senior analyst with a strong commodities background and a desire to develop a career within an international energy company that offers growth and diversity. The candidate should be dynamic, possess high analytical capabilities, and have strong knowledge of Europe’s Natural Gas markets to understand physical operations and financial instruments involved in our business.

Responsibilities :

• Develop and maintain sophisticated quantitative models supporting WGT’s gas, LNG, and power businesses.
• Conduct stress testing, PFE, and Value at Risk analyses for portfolios across diverse regions and strategies.
• Model portfolio assets and AMAs to build hedging and optimization strategies.
• Support pre-deal evaluations and compute performance metrics for trade books, incorporating risk characteristics.
• Implement and provide technical support for these models in official systems.
• Communicate and collaborate with other business areas including Front Office, Middle Office, Back Office, Credit, and Compliance.

Required Qualifications :

• Bachelor's degree or higher in Engineering, Finance, Math, or Business.
• 8+ years of experience in quantitative research, trading, or risk management related to energy markets.
• Strong understanding of option pricing, derivatives, mathematical finance, and stochastic calculus.
• Expertise in modeling and developing valuation and risk models, analyzing structured transactions.
• Proficiency in Microsoft Excel, programming concepts, VBA, and SQL Server; experience with quantitative risk tools (e.g., FEA, Lacima) and ETRM systems (e.g., Allegro).
• Proficiency in Spanish and English.
• Experience with European LNG and Gas Products is highly recommended.