Junior Quantitative Analyst in Strategic Risk

6 maanden geleden


Amsterdam, Nederland Vattenfall Voltijd

**Company Description**
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 21 000 employees. We have been electrifying industries, powering homes and transforming life through innovation for more than 100 years. We now want to make fossil free living possible within one generation and we are driving the transition to a sustainable energy system.

Are you the quantitative, holistic thinker with a drive to help Vattenfall enable the fossil freedom that drives society forward? Here’s a unique opportunity.

**About Strategic Risk**

Operating within the Corporate Risk Management, the team Strategic Risk at Vattenfall is dedicated to comprehensive risk management responsibilities at the enterprise level. The team's diverse range of tasks includes providing independent advice on the risk-reward dynamics of investments and conducting strategic risk analyses. These analyses play a pivotal role in supporting top management in steering Vattenfall's portfolio.

Strategic Risk actively contributes to Vattenfall's overarching **strategic objective of enable the fossil freedom that drives society forward. **This contribution is made through the provision of quantitative portfolio insights that inform decision-making processes. This involves a meticulous examination of Vattenfall's investment models, which ultimately shape the multi-billion Euro investment pipeline.

**Main Tasks & Responsibilities**

In the role of **Quantitative Analyst** in Strategic Risk, you will play a pivotal role in model development and analysis, focusing on the team's proprietary valuation model for Vattenfall's entire production asset portfolio. This model serves as a key tool for valuing the Group's asset portfolio and responding to ad-hoc requests from senior management to facilitate strategic decision-making.

Your responsibilities extend to validating intricate valuation models for various investment projects. Additionally, you will conduct independent reviews for senior management and reviewing Vattenfall's official long-term market outlook. This involves assessing factors such as power, gas, coal, and CO2 prices to provide valuable insights for informed decision-making.

**Tasks and responsibilities also include**:

- Conduct ad-hoc strategic and portfolio risk analyses for senior management, offering valuable insights for decision-making.
- Thoroughly review Vattenfall's official long term market outlook, contributing to a nuanced understanding of (future) market dynamics.
- Evaluate quantitative models and methods employed in investment valuations, necessitating close collaboration with Risk (Transaction Analysis) and business units.
- Continuously develop and validate the proprietary portfolio model for the entire Vattenfall asset portfolio, encompassing diverse components such as Pump Storage, Hydro, Nuclear, Condensing plants, District Heating Clusters, Wind, Solar, and Battery.
- Ongoing enhancement and validation of the proprietary stochastic fundamental long-term price model to facilitate comprehensive risk/reward evaluations.
- Report the fair value, encompassing intrinsic and option value, of the Group's asset portfolio.
- Cultivate a robust network of contacts across the organization, fostering collaborative relationships and enhancing communication channels.

**Qualifications**
- Academic degree with quantitative focus, for example in physics, mathematics, econometrics, energy/systems engineering or equivalent qualifications and experience.
- Proficiency with Python or other programming languages.
- Strong command of English, both verbally and written; Swedish or Dutch language skills are an advantage.
- Strong presentation and writing skills. A talent to clearly communicate the essence of highly complex matter to senior management.
- Pro-active, independent and ability to approach complex issues pragmatically.
- Knowledge of and interest in topics such as: the Continental and Nordic power market, EU regulations (e.g. ETS), global energy economics, fundamental and power plant dispatch modelling.

**Personal skills**

**Location**: Amsterdam or Stockholm (Solna)

Trade union representatives in Sweden: Rolf Ohlsson (Akademikerna), Christer Gustafsson (Ledarna), Juha Siipilehto (SEKO), Jens Morell (Unionen). To get in contact with the representatives, please call Vattenfall´s switchboard +46 8 739 50 00.



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