Quantitative Analyst

Statkraft; San Francisco (CA); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Unlimited learning opportunities

Global networking opportunities

Competitive employment terms and benefits

Job summary

A leading renewable energy company in San Francisco is looking for a Quantitative Analyst to develop trading strategies and analyze US power markets. Candidates should have a strong background in quantitative analysis, with advanced coding skills and at least three years of experience. The role offers significant growth opportunities within a dedicated team focused on sustainable energy solutions.

Qualifications

• 3+ years of experience in a quantitative focused role.
• Interest in energy markets, renewable energy, algorithms, and data science.

Responsibilities

• Develop and optimize quantitative views of the US power markets.
• Analyze new trading strategies including hedging and optimization.
• Provide analytical support for non-standard power contracts.
• Improve quantitative models and tools for trading activities.
• Conduct advanced quantitative analysis and derive insights.

Skills

Advanced coding skills; advanced Python knowledge

Collaboration and influencing business decisions

Analytical and data-driven

Advanced statistical and machine learning skills

Strong written and verbal communication

Education

Bachelor’s or Master’s degree in quantitative field

Job description

Overview

Statkraft has been making clean energy possible for over a century. That is 125 years of unrivalled expertise in supplying the world with what it needs most. We believe renewable energy must be the solution in the fight against climate change. With us, you’ll shape a forward-facing career with many opportunities to match.

But there’s more work to be done – that’s why we need you to join us!

Job Description

Statkraft is the largest generator of renewable energy in Europe and an established participant within the US environmental commodities markets. As part of the Origination department, the Origination team sources and manages a long-term portfolio of third-party renewable energy contracts. This portfolio usually consists of Power Purchase Agreements (PPAs) and long-term sales contracts with large customers and trading partners. Currently, the team is expanding its activities to the US power and renewables markets, specifically PJM and ERCOT. The team is responsible for the origination, pricing, structuring, and portfolio management of all bilateral power and Renewable Energy Credits (REC) deals.

The role of Quantitative Analyst is ideal for someone who is always thinking about how to optimize, and loves working with data, solving problems, and making a measurable impact. As a Quantitative Analyst, you will:

• Help develop both a quantitative and fundamental view of the US power markets and related commodity markets.


• Formulate and analyse new trading strategies, including hedging and optimisation strategies.


• Provide analytical support with the scaling up of our portfolio of non-standard power contracts in the US markets, working effectively to value products and optimize the value of the portfolio.


• Work with stakeholders throughout the organization to identify opportunities for leveraging data to drive business decisions.


• Operate and drive the improvement of quantitative models and tools, used for our trading, hedging and optimisation activities.


• Contribute to the team’s systematic usage of available datasets and integration of new data sources.


• Conduct advanced quantitative analysis to derive insights from large and complex datasets, using statistical techniques, mathematical models, and machine learning algorithms.


• Collaborate with team members with regards to maintaining and expanding a robust code base and quality documentation.


• Proactively engage in discussions to exchange knowledge and ideas with fellow analysts, traders, portfolio managers, originators, internal and external developers.


• Be excited about the intersection of technology, business, and the renewable energy markets.

Qualifications

• 3+ years of experience within a quantitative focused role.


• Bachelor’s or Master’s degree in mathematics, statistics, physics, computer science, or another highly quantitative field.


• Advanced coding skills; advanced Python knowledge is a must.


• Experience collaborating and building relationships with cross-functional stakeholders, influencing business decisions with data.


• Highly analytical, data-driven individual with advanced statistical and machine learning skills.


• Inquisitiveness and a desire for continued self-improvement and development of new skills.


• Ability to manage multiple tasks and thrive in a fast-paced team environment.


• Strong attention to detail and ability to work independently, take initiative and be proactive in ambiguous situations.


• Strong written and verbal communication skills.


• Interest in energy markets, renewable energy, algorithms, and data science.

What we Offer

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities, and the future. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities, and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leadership programs like IMD.


• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.


• The opportunity to work somewhere with pride, and to be able to honestly say “My work is contributing to saving the planet”.

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.

Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.

Job Details

• Seniority level: Mid-Senior level


• Employment type: Full-time


• Job function: Other


• Industries: Renewable Energy, Semiconductor Manufacturing