Senior Data Scientist - Trading

Field Energy; London; Hybrid; GBP 110,000 - 130,000; Full time

Job summary

A leading energy trading firm in London is looking for an operational role in trading. You will develop algorithms for revenue forecasting and manage live trading. Strong experience in UK power markets and Python development is essential. The position offers a competitive salary and a variety of benefits including hybrid working and an employee share scheme.

Benefits

Up to 10% company-wide bonus

Private medical cover

Enhanced parental leave

Annual learning & development budget

Qualifications

• Experience in trading and data analysis is required.
• Excellent communication skills are essential.
• Ability to work autonomously is a must.

Responsibilities

• Develop algorithms to trade and forecast revenues.
• Manage live trading and provide 24/7 support.
• Maintain real-time software.

Skills

Experience in the UK or European power markets

Development and deployment of algorithmic trading strategies

Demonstrable experience drawing conclusions from data

Expert in Python development

Strong applied probability and statistics knowledge

Education

Minimum of 3 years experience in related fields

Job description

Overview

Department: Technology

Employment Type: Permanent - Full Time

Location: UK - London

Reporting To: Beth Rice

Compensation: £110,000 - £130,000 / year

At Field, we have spent the last few years developing our automated energy trading platform, Gaia. We deployed Gaia to trade in real-time for our first physical asset in GB in early November 2024. We are improving our algorithms all the time, and over the coming years we will be deploying Gaia on more GB assets as well as assets across Europe (Germany, Italy and Spain).

You will be part of a small, fast moving team of certified power traders, wearing multiple hats, and you will have a tangible impact shaping how we increase revenue. You will be working with people across the organisation: platform engineers, data scientists, the executive team, commercial operations, and more.

This is an operational role and the candidate will need to be flexible regarding their working hours, and be in a position to participate in an on-call rotation as part of a small team. The market is 24 hours a day, 365 days a year, and you will be one of the key responders for any aspect of trading that requires humans in the loop, such as responding to unplanned or emergency scenarios.

This is an exciting time to join Field, right at the core of the business. In the next few years our team’s responsibility will expand rapidly as we improve Gaia and deploy it for dozens of assets in the UK and across Europe.

Key Responsibilities

• Develop algorithms to trade, forecast and co-optimise revenues across multiple markets
• Be part of the team that manages live trading and physical assets, and provide 24/7 support
• Deploy and maintain real-time, mission-critical software
• Develop the ability to inform and/or override algorithmic decisions in volatile market conditions
• Present trading results to senior management
• Identify gaps in our trading strategy from backtests and competitor analysis, and improve and iterate on our trading strategies
• Drive the development of the product roadmap

Skills, Knowledge & Expertise

A bit about you

• You’re up for an operational role and are keen to get stuck into trading in the power markets. You are happy to be flexible with working hours and are able to be on-call
• You’re a clear, impactful communicator, able to articulate complex concepts to technical and non-technical audiences
• You thrive in autonomous work environments with a positive and proactive approach
• You’re excited to learn - you enjoy learning about new and complex topics and are able to pick them up quickly

We are interested in candidates from a variety of backgrounds such as Trading, Data Science, Data Analytics, Operations Research or related fields, with a minimum of 3 years experience.

Essential Skills

• Experience in the UK or European power markets
• Development and deployment of algorithmic trading strategies
• Demonstrable experience drawing conclusions from data to make impactful decisions
• Expert in Python development for data manipulation, analysis, visualisation and more
• Ability to communicate complex topics and results effectively at all levels
• Strong applied probability and statistics knowledge

Desirable Skills

In addition to the core skills above, we are looking to hire candidates who have expertise in a subset of the following:

• Multiple European power markets (especially Germany, Italy, and/or Spain)
• Advanced numerical methods such as time-series analysis, machine learning, linear programming, or stochastic optimisation/ modelling
• Developing, deploying, and maintaining mission-critical software
• Working in an operational environment

Job Benefits

Salary: £110,000 - £130,000

We’re offering a competitive compensation package, including participation in our employee share scheme which rewards all employees for the growth of the business. You’ll be awarded shares when you join, which will vest over four years - and as the business grows in size and value, so will your shares!

We value our team’s wellbeing and belonging so we invest approx £5,000 a year on a range of perks, benefits and wellbeing activities, including regular team socials and events.

Other benefits include

• Up to 10% company wide bonus based on company performance
• Hybrid working (blend of home and office working to suit individual needs)
• 1 month a year work from anywhere in the world policy
• Private medical cover with Bupa from day one with the option to add family members.
• Nest Pension (8% combined contributions) on qualifying earnings
• Fun co-working office space in Shoreditch, London
• Dog friendly office (with some regular furry friends already in the team)
• Free team lunch once a week
• Enhanced parental leave, for all new parents:
• 6 months fully paid primary carer leave
• 3 months fully paid secondary carer leave
• 10 days fully paid leave for fertility treatment
• £2,000 annual learning & development budget to spend on whatever best supports your growth

To reach Net Zero, we need to solve big challenges. Field will fund, build and run the renewable infrastructure we need to tackle these challenges. At Field, we will show that batteries are a totally viable part of our energy infrastructure - now, not in some distant future.

And, we have ambitious plans to become the defining new clean energy player in Europe over the next few years, gradually expanding beyond batteries into new asset types.