Energy Options Analyst

Vattenfall is one of Europe's largest producers and retailers of electricity and heat. Our main markets are Sweden, Germany, the Netherlands, Denmark, and the UK. The Vattenfall Group has approximately employees. We have been electrifying industries, powering homes and transforming life through innovation for more than 100 years. 

Do you like to work in the dynamic environment of the trading floor? Do you want to contribute to high quality analysis and the success of the trading function using your analytical capabilities and commer­cial comprehension? Then this job could be something for you.

For our office in Hamburg we are looking for an Energy Options Analyst | Trading Analyst (m/f/d) in the Trading Analysis & Algorithms department.

The Trading Analysis & Algorithms department within the Business Unit (BU) Trading works closely with the trading desks and takes the leading role in providing market insights, (fundamental and quantitative) analysis, and ultimately commercial decision support across all commodity areas.

Your main tasks and responsibilities as an Energy Options Analyst | Trading Analyst:

• Conduct commercially relevant, systematic analysis of prices, volatilities, and risk metrics to support traders and play an active role in developing proprietary energy options strategies across commodities (esp. gas, carbon, power, and oil), tenors, strikes, and structures
• Keep track of the latest energy options market developments, identify and model key market drivers, patterns and regime shifts, develop price/volatility views and sensitivity analyses, and provide related communication and advice to traders through various communication channels
• Play an active role in further developing energy options related analytics and trading tools/models together with traders, risk management, and supporting functions
• Keep track of the latest research around (energy) options trading and provide related advise
• Be part of the Trading Analysis & Algorithms department and contribute to its analysis output as well as the commercial success of BU Trading.

Location: Hamburg

Our ideal Energy Options Analyst | Trading Analyst has the following qualifications and capabilities:

• Strong academic background with a Master's degree or higher in computer science, statistics, mathematics, physics, financial engineering or other relevant quantitative subject
• 2+ years' professional experience in a market analysis or quantitative research role for (energy) options linked to the (proprietary) trading business at banks, hedge funds, energy companies or (algorithmic) trading firms with a proven track record
• Experience in researching and implementing models for pricing and risk management of (energy) options, and ability to steer business-driven model development in the supporting functions
• Additional experience in energy markets and/or with structured energy contracts advantageous
• Strong quantitative and programming skills (ideally Python)
• Fluency in English (both written and spoken); German language skills advantageous but not required
• Strong communication skills with the ability to communicate with various internal stakeholders and the willingness to share your knowledge
• Result oriented, independent working method with high reliability, self-motivation, and readiness to take on responsibility
• Proactive team player with strong eagerness to learn.

More Information

Your development is a priority at Vattenfall BA Markets. Your professional journey will benefit from working in the exciting industry of energy trading, and in interdisciplinary teams. To support your career, we offer opportunities to grow through training, job rotations, talent programs and a working environment that stimulates learning.

Our work culture at Vattenfall is excellent. We have an open corporate culture with flat hierarchies. Modern and flexible working conditions, including mobile work, promote wellbeing. In Germany, our work week consists of 37.5 hours with, in many cases, the possibility to work part-time. Up to 49% of your working time can be mobile work, and you are entitled to 30 days of vacation per year.

Your health is important to us. We provide several health programs and support throughout potentially challenging life situations.

Your colleagues will be another highlight. We employ inspiring people with diverse backgrounds. Together with our culture and your tasks, they form an interesting and fun place to work.

You can find our new state of the art office next to Elbbrücken.

We welcome your application in English, no later than We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website. 

For more information about the recruitment process you are welcome to contact our recruiter Maryana Halushko via email: [email protected].

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be a good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation. Click here for further information. 

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfil within Vattenfall. The screening will be performed by a third party, called DISA.

We look forward to receiving your application