Head of Quantitative Analysis (f/m/d)
Lead and develop a team of quantitative risk analysts in Düsseldorf, Germany for Statkraft's Risk Modelling team. Enhance risk models for renewable assets and off-take agreements, align with stakeholders, and introduce big data science methods.
About Statkraft
Company Overview
Statkraft AS
Oslo, Norway
1895
Business Model
Renewable Energy
Electricity generation, energy trading, and heat supply services.
$16.4 billion in revenue in 2022, primarily from power generation and energy trading.
Locations & Geography
Operates in over 20 countries including Norway, Germany, Sweden, the UK, Albania, Brazil, Peru.
Company Culture
Committed to renewable energy and sustainability, focusing on being a leading green hydrogen producer and renewable energy provider.
Supports innovative and sustainable solutions in energy, with a focus on continuous development and environmental responsibility.
Emphasizes skill development and training opportunities in the renewable energy sector.
Activities & Projects
Statkraft is focusing on the development of wind, solar, and hydro projects, particularly in Europe. Notable is the large wind farm in Brazil and the hydrogen projects in Norway, Sweden, UK, Germany, and The Netherlands.
Investing in green hydrogen technologies and the integration of renewable energy into new markets, including a significant role in the maritime and heavy-duty land transport sectors.
Statkraft publishes the Low Emissions Scenario report, outlining strategies for energy transition to reach net zero by 2050.
Career Opportunities
Various roles in engineering, project management, and sustainability focused positions.
Offers comprehensive benefits including health insurance, flexible working hours, and strong emphasis on employee development.
Contact Information
Statkraft has been making clean energy possible for over a century. That is what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we do not see renewable energy as part of the solution – we believe it must be the solution. With us, you will shape a career that is truly forward-facing with many amazing opportunities and offerings to match.
But there is more work to be done – that is why we need you to join!
The purpose of the Risk department in Market Operations is to secure satisfactory risk evaluation and risk communication to enable Statkraft Trading & Origination and asset optimization business. Our responsibilities include P&L and risk reporting, risk management support, development of the risk models, risk methodologies and risk framework. Part of the enablers to ensure the success of Statkraft growth strategy is to have a strong risk team.
The Risk Modelling team is part of the risk department and is responsible for the development and maintenance of the risk models that are used for valuating Statkraft Trading & Origination non-standard contracts and portfolios. This includes the modelling of long-term renewable power purchase contracts and assets.
Job Description
- Lead and develop a team of eight quantitative risk analysts across our Amsterdam, Düsseldorf and Oslo offices
- Enhance our risk models for the liquid time horizon across a wide range of European power markets and related commodities
- Develop risk models for the semi-liquid and illiquid time horizon for renewable assets and renewable off-take agreements by combining stochastic modelling with fundamental market modelling
- Maintain and enhance our forward curve tools and methodology
- Align development of new tools with main stakeholders (market, credit, and liquidity risk, front office and IT)
- Introduce big data science methods to the energy risk tool kit
- Support the valuation of large complex commodity transactions
Qualifications
- Outstanding university degree (Master/PhD) in physics, mathematics, computer science or natural, engineering, or economics with a quantitative specialisation
- Minimum 5 years of professional experience in financial risk management ideally in energy markets
- Strong commercial mindset and some Front Office experience desirable
- Extensive knowledge in the field of quantitative finance and risk (e.g., mathematical statistics, big data methods, stochastic modelling, simulation techniques, optimization methods, energy derivatives)
- First experience as a team lead in a quantitative field
- Significant IT knowledge coupled with strong programming skills preferably in Python
- Business oriented and able to find the right balance between good-enough and perfect solutions
- Ability to communicate effectively about complex risk issues with all levels of the organisation
- Fluent in English, both written and spoken
Additional Information
Statkraft offers:
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:
- Professional and personal development in a company experiencing strong growth
- A positive working environment characterized by expertise, responsibility, and innovation
- A diverse workplace with regard to gender, age and cultural background
- Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leaderships programs
- Competitive terms of employment and benefit schemes
Statkraft's vision is to renew the way the world is powered. To navigate the complex journey ahead, we need every voice at the table. We therefore work actively to be a diverse and inclusive workplace and welcome all applicants regardless of background, gender, age, sexual orientation, religious belief, ethnicity, nationality or disability.
Apply now
Job expired?Please let Statkraft know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
Discover how you’re connected
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Apply now
Job expired?Please let Statkraft know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
Discover how you’re connected
View connectionsSee your contacts at Statkraft on LinkedIn to leverage your network in applying for this position.
About the role
Dec 29, 2023
Full Time
Company
Jun 20, 2024
On-site
Düsseldorf, Germany
5+ years
UTC+01:00
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