Quantitative Developer - Algorithmic Trading

Energy Trading

3-5 jaar/years, 1-3 jaar/years

Eneco - Rotterdam

€55.000 - €75.000

0 - 40 uur

Solliciteer direct

Working at the heart of the energy transition in an international trading environment
Improve trading results through entrepreneurship, data driven trading strategies and team work
Work in a team of diverse international and cultural background

Why choose for Eneco?

Every day we work hard to make our slogan 'sustainable energy for everyone' a reality. With over 2,000 colleagues, we help millions of consumers and many companies switch to sustainable energy with our energy services. We do this with smart, sustainable and affordable products and services. From generation to trading and from storage to sharing and delivery. We are also one of the largest investors in the development of wind farms, large solar roofs and heat networks.

Make short- and long-term energy purchasing decisions. The team of traders, commercial analysts and meteorologists ensures that there is enough power and gas every day to meet demand. Of course at the right price and with low risks. On the trading floor, you are primarily responsible for Eneco's first-line risks. Energy has to be purchased for a customer now, even if you don't know everything exactly. This is an intellectual challenge with a clear proposition: Eneco wants to be climate neutral by 2035.

What you’ll do

As a Quantitative Developer, you will become part of Eneco’s Intraday Trading department. The team trades various European Power Markets both automated and manually, aiming to execute trades in an automated manner as much as possible. With your quantitative skills you will work alongside a team of traders, understanding market drivers and developments by being part of daily decisions. By developing Eneco’s algorithmic trading strategies in the Intraday Power Market, you will translate our knowledge into the company’s financial success. This is a unique opportunity to shape the way Eneco trades and optimizes its portfolio.

Is this about you?

Entrepreneurship, result-oriented and good people skills are competences that you need to have in order to operate in a dynamic continuously improving environment. There are plenty of chances and developments in our current market that needs to be spotted and be acted on. A strong business acumen i.e. recognizing deals that are the most profitable and having the knowhow how to close it is essential and indispensable.

You also bring in:

Master’s degree in Computer Science, Data Science or a related STEM field.
Ideally experience with the European short term power market (day-ahead/intraday/imbalance markets).
Proficiency in algorithmic development using Python and its data stack (e.g., Pandas, NumPY, SciPY, scikit-learn).
Proactive and independent way of working, while being a team player who enjoys achieving collective goals.
Ability to work in a fast-paced environment, being detail-oriented, well-structured and meeting deadlines on time.

You’ll be responsible for

Develop and implement algorithmic trading strategies in our core power markets to financially optimize our positions while managing risk exposure adequately.
Maintain and improve current trading algorithms, adapt our strategies to market developments.
Monitor trade execution as well as debugging unwanted behavior, analyze historic trade performance.
Uphold and continue to enhance the company’s standards and best practices for algorithmic trading, including documentation, extensive testing, and peer reviews.
Collaborate closely with traders to continually fine-tune models.

This is where you’ll work

At Eneco Energy Trade, some 150 colleagues work at the heart of the organization. This is where the supply and demand of energy converge. Where we bundle our own and external energy flows and ensure that there is enough energy to meet demand. The international team consists of several divisions: Sourcing & Pricing, Trading, Portfolio Optimization, Structuring & Organization, Business Development, Energy Operations & IT Management.

Start as Intraday Trader at Asset Back Trading. The team of 8 highly skilled colleagues looks forward to seeing you. From day one, you'll feel the confidence in your expertise and the freedom to seize opportunities. With a legendary summer and winter event, an annual ski trip with plenty of après-ski, monthly escape rooms, karaoke sessions and spontaneous get-togethers, you really become part of the family.

What we have to offer

Gross year salary of
between €55.000 and €75.000

Including 8% holiday allowance, a good pension and parental leave.

FlexBudget on top of
your gross salary

Have it paid out, use it to buy extra holiday days or save it up for something nice - it's up to you.

Personal and professional growth

Eneco is fully committed to help you in your personal and professional development.

Hybrid working, at home or in the office

You work 40% at the office and 40% at home. The other day you decide what works best for you.

Working at Eneco is for everyone

Our customers are diverse, and so are we. More than 3,000 Eneco-talents ensure an open, pleasant culture in which everyone can grow and thrive. In this way we create the ideal situation for creative insights and innovative solutions. And we can use that to achieve our ambitious mission: to be climate neutral by 2035. You know what the fun is? We can never have enough talent at Eneco. So get in touch and apply.

Together towards climate neutrality

Ask a colleague about our joint mission and you will hear it again and again: Eneco wants to be climate neutral by 2035. Everyone works together to realize this ambition. We help customers switch to sustainable energy with good advice and smart, affordable products. We develop wind farms, install large solar roofs and invest in heat networks. We see opportunities everywhere. Are you in?

This is how the application procedure goes

Want to know more about this job function?

Want to know more? Ozlem Bulun, Head of Intraday Trading will happily answer your questions through [email protected]. For more information on the procedure, you can contact the recruitment team. 

Applying straight away? That is also possible! You can also apply via our recruitment system. Click on the 'apply' button and send us your CV with a motivation letter. You will receive a response as soon as possible.

An online assessment and a (pre-) employment screening are part of the selection procedure.

Acquisition in response to this advertisement is not appreciated.

Questions about the application procedure

Feel free to contact our recruiter:

Michelle Terraneo

Stuur een e-mail

Didn't find the job you were looking for?

With this job opening, we want to recruit a new Eneco colleague ourselves. This is not a call for acquisition.

Quantitative Developer - Algorithmic Trading

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