Quantitative Risk Analyst
E.ON
Company Overview
E.ON SE
Essen, Germany
2000
Approximately 50,000 employees (source: linkedin.com). Revenue of €103.4 billion in 2023 (source: eon.com).
What They Do
E.ON focuses on renewable energy, including wind and solar power, energy storage systems, smart grids, and hydrogen production. The company offers a variety of products and services, including electricity and gas supply, maintenance of energy networks, and solutions for electromobility. E.ON serves customers in Europe, particularly in Germany, the United Kingdom, Sweden, and Turkey, providing comprehensive energy management from production to consulting (source: bitscale.ai). Target markets include both private households and businesses, with innovative products like the E.ON Next Gen Home, which combines solar energy and heat pumps (source: eonnext.com). E.ON differentiates itself through its 61 GW of generation capacity, which is focused on renewable energy following the separation from conventional businesses (source: energy-storage.news).
Projects & Achievements
E.ON has completed a variety of notable projects, including the integration of 3,000 to 3,500 residential storage systems in Germany. The company operates extensive energy networks in Europe and has research collaborations such as the E.ON Energy Research Center at RWTH Aachen, which employs over 150 scientists (source: company-histories.com). Ongoing major projects include the cross-border district heating supply for Zgorzelec (Poland) and Görlitz (Germany), as well as the HDV-E project for the electrification of heavy vehicles, which has secured EU funding (source: eon.com). E.ON is also working on further developing the E.ON Next Gen Home, which is set to roll out in the UK by 2026 (source: eonnext.com).
Recent Developments
In the past two years, E.ON has made several significant announcements, including securing EU funding for the HDV-E project and announcing a cross-border heating supply project for Zgorzelec and Görlitz (source: eon.com). The company has also led the Quantum Innovation Index for the energy sector and reported positive financial results for 2025 (source: eon.com). E.ON is pursuing strategic investments in storage and digital technologies to strengthen its market position (source: energy-storage.news).
Working There
E.ON offers a variety of roles in energy networks, renewable energy development, customer solutions, and digital platforms. The corporate culture promotes interdisciplinary innovation and includes a research center with over 150 scientists focused on urban energy systems (source: youtube.com). The headquarters in Essen is a central location for recruitment, while job opportunities also exist in the UK and other European countries (source: privateequityinternational.com). E.ON values the development of its employees and offers skill enhancement programs, although specific information on salaries or benefits is not comprehensively documented (source: linkedin.com).
Contact
Last updated on 2025-12-27 | Report an issue
Job Description
Work in a highly experienced, collaborative, international, fun team that sits at the heart of E.ON's new energy trading and procurement unit; Help shape the quantitative risk management function for a fast-growing trading portfolio spanning power, gas, options, complex financial and physical derivatives, and structured customer business; Take end-to-end ownership of models: from idea and research, through prototype, to robust, cloud-native production implementation; Develop, maintain, and enhance quantitative risk and pricing models for market, credit, and liquidity risk, including simulation and valuation tools for complex energy portfolios; Design and run Monte Carlo and scenario simulations (e.g. for P&L, exposure, stress and what-if analyses) to support decision-making on transaction, portfolio, and business level; Implement models and analytics in Python as part of a modern cloud-native stack (e.g. Azure, containerized services, Snowflake-based data platform), following clean code and DevOps practices (Git, CI/CD, testing); Use and further develop data-driven and ML-inspired approaches (e.g. time series models, tree-based models, regularization, feature engineering) where they add value to risk management and pricing; Closely collaborate with Trading, Market and Credit Risk, Finance and Tech in agile projects to solve real business problems and deliver tangible value; Translate complex quantitative concepts into clear, actionable messages for senior, non-technical, and executive stakeholders and continuously explore new methods and research in risk modelling, quantitative finance and data science - and bring the most useful ideas into our production landscape; Mentor juniors, working students and interns, helping them grow their quantitative, coding and business skills.
What you bring
- A Master's or PhD in a quantitative field (Mathematics, Physics, Statistics, Financial Mathematics, Computer Science, Engineering or similar);
- 3+ years of experience in quantitative risk modelling, valuation, or pricing - energy trading experience is a strong plus, but we're also open to candidates from other asset classes with genuine interest in power & gas;
- Strong Python skills and experience with the scientific stack (NumPy, pandas, SciPy, scikit-learn or similar). You write clean, production-grade code, not just notebooks;
- Solid understanding of stochastic processes, Monte Carlo simulation, and time series analysis; familiarity with derivative pricing, valuation and risk metrics (e.g. VaR, ES, sensitivities) is highly welcome;
- Practical exposure to data-driven/ML techniques for forecasting, scenario generation or model calibration is a plus;
- Experience working with databases and cloud/data platforms (SQL, Snowflake, Azure, or similar) is a plus;
- Excellent analytical and problem-solving skills, with a pragmatic mindset and strong attention to detail;
- A self-starter, hands-on mindset: you enjoy taking ownership, working in cross-functional teams and driving topics from idea to implementation in a dynamic environment;
- Willingness to work collaboratively: Pair coding, Code reviews;
- Very good communication skills in English (German and Italian are a plus) and the ability to explain complex topics to non-quants.
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About the role
December 26, 2025
Full Time
Company
January 13, 2026
On-site
- Essen, Germany
3+ years
UTC+01:00
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