Quantitative Analyst

Enel Group; Roma; In loco; EUR 30.000 - 45.000; Tempo pieno

Descrizione del lavoro

A global leader in energy solutions is seeking a Quantitative Analyst in Rome. The role involves collaboration in an international team to solve business challenges in energy markets. Ideal candidates will have strong quantitative and programming skills, a degree in a quantitative discipline, and at least 2 years of relevant experience. This position offers a permanent contract and benefits focused on professional development.

Servizi

Health insurance

Supplementary pension fund

Life-long learning opportunities

Corporate welfare benefits

Competenze

• At least 2 years of working experience in a highly quantitative role.
• Strong analytical rigor and problem‑solving skills.
• Excellent oral and written communication skills in English.

Mansioni

• Contribute to calculating risk premiums for power and gas contracts.
• Responsible for the valuation of structured derivatives.
• Support decision‑making processes through quantitative analyses.
• Collaborate on the development of new strategies for market risk assessment.

Conoscenze

Strong mathematics skills

Stochastic processes

Time‑series analysis

Machine learning models

Proficient in Matlab

Proficient in Python

Formazione

Degree in a quantitative discipline

Descrizione del lavoro

Join to apply for the Quantitative Analyst role at Enel Group

Get AI-powered advice on this job and more exclusive features.

Description And Requirements

We are looking for a Quantitative Analyst to join our Modeling and Pricing team and will collaborate very closely with trading and commercial stakeholders to solve multiple business challenges arising from energy markets (complex financial derivatives on power, gas, oil). The ideal candidate will have strong quantitative as well as programming skills and should be passionate about the creation and development of statistical models. It is essential that he/she can work collaboratively in an international team environment, with strong commitment and innovative mindset.

Who You’ll Work With

You will join the Risk Modeling, Pricing and Demand Forecasting team within the Global Energy and Commodity Management Business Line that operates in wholesale physical and financial markets for energy commodities (electricity, gas, emissions, oil and many others) and manages the Group’s integrated portfolio through hedging with complex products to mitigate risks and maximize the Group’s energy profit margins. You’ll have the opportunity to work with our strategic team made up of 25 people located across Italy and Spain. Our team will offer you the opportunity to embark on a highly professional development path, allowing you to deepen and consolidate your knowledge of both financial and physical energy commodity markets. You will learn to apply theoretical knowledge of statistics and stochastic processes to real-world data, such as prices or renewable generation, maintaining the right balance between theoretical rigor, approximation, and physical consistency.

What You’ll Do

• Risk Premium Assessment: you will contribute to calculating the risk premiums applied to the sale of power and gas contracts, both in retail campaigns and bilateral negotiations with large counterparties. You will support the commercial units in understanding risk drivers and selecting the appropriate premium level based on market competitiveness.
• Structured Products Pricing: you will be responsible for the valuation of structured derivatives traded by the Front Office or commercial units with market counterparties. You will also contribute to their management by proposing hedging strategies.
• Quantitative Analysis: you will interact with stakeholders to support decision‑making processes and long‑term contract negotiations through quantitative analyses. This involves translating business challenges into quantitative models, mapping contractual flexibilities onto a risk/return framework, and, when possible, proposing adjustments to improve the risk profile with minimal impact on margins.
• Research and Development: you will collaborate on the development of new strategies for market risk assessment, proposing new models or enhancing existing ones to ensure alignment with market best practices. You will take part in projects exploring the application of machine learning and GenAI techniques in risk management.

What You’ll Bring

Minimum qualifications needed for this role are:

• Required skills: strong mathematics skills with a good understanding of stochastic processes, time‑series analysis, machine learning models. Proficient in one or more programming languages, e.g. Matlab, Python.
• Required professional experience: at least 2 years of working experience in a highly quantitative role. This may be substituted by relevant academic experience in a quantitative discipline.
• Required soft skills: a person with strong analytical rigor and problem‑solving skills to face multiple challenges within the group. Interest in understanding the wider business context of our activities and proactivity in developing solutions that are appropriate to the situation. Strong verbal and written communication skills, with the ability to explain analytical issues and synthesize complex analyses are also expected. Team player comfortable in a professional services environment with the ability to effectively debate and subsequently influence internally & externally at all levels. Actively seeks to enhance own expertise and knowledge.
• Education: Degree in a quantitative discipline (e.g., mathematics, physics, statistics, data science, computer science, quantitative finance, engineering); excellent oral and written communication skills in English.

Additional qualifications considered as a plus are:

Knowledge of financial markets and products; PhD degree; Spanish.

Why join us?

• Permanent employment contract
• Health insurance and supplementary pension fund
• Life‑long learning
• Development and empowerment paths
• Corporate welfare for better work‑life balance (parenting support, daycare, extra parental leave etc.)
• Benefits with dedicated offers and conventions (meal vouchers, travel, transport, sports, culture, energy etc.)

Location

Rome (Italy)

Diversity, Equity, Inclusion and Selection Process

This opportunity is open to all candidates, we care about everyone unicity since a diverse workforce is an innovation lever. Our selection process is customized for each role and includes an interview with our recruiters and/or an attitudinal assessment and a meeting with our business line colleagues for a technical evaluation. If you are in line with the job description, the recruiting team will contact you, providing you with additional information about the recruiting process.

We are looking for people who embody our values: Trust, Respect, Innovation, Proactivity and Flexibility.

Are you ready to make a difference and grow with us? Apply now and join us in leading the energy transition within our team!

Who We Are

We’re a global leader in energy generation, distribution, and sales, as well as the largest private renewable energy operator, thanks to our wind, hydroelectric, photovoltaic, and geothermal plants. We generate, deliver, and sell energy in 28 countries across Europe, the Americas, Africa, Asia, and Oceania, with an unwavering commitment to the development of territories, local communities, and customers. We’re engaged in ensuring ever‑more efficient, resilient, and digitalized electrical grids, with the highest service standards, by managing a network spanning 1.9 million kilometers and investing in storage systems to integrate renewable production, stabilize the electrical system, and allow for the management of the intermittency of renewable sources. Innovation and sustainability are part of our Strategic Plan: we invest in new technology and new ways to develop and operate energy facilities, grids, and customer‑focused services, fostering a more conscious energy use. With an installed capacity of over 87 GW – 62 GW of which from renewable sources – and 60 million worldwide customers, we work for a fair energy transition and a clean electrification process, thanks also to our reliable and accessible electric mobility services and a network of 26,200 public charging stations. Curious about us? Explore here www.enel.com

Referrals increase your chances of interviewing at Enel Group by 2x

Seniority level

Entry level

Employment type

Full‑time

Job function

Research, Analyst, and Information Technology

Industries

Utilities