Job description

Teaser

  • You are situated at the heart of Eneco, right between production, sales, and trading
  • You work on complex and analytical challenges in the dynamic energy market
  • You’ll help Eneco navigate volatility, risk, and opportunity in the evolving power market

The energy markets are evolving rapidly, and the energy transition's effects are becoming increasingly visible. We follow these changes closely and reflect them in our analysis and trading strategies. You will contribute to the commercial success of Eneco’s trading desk by performing best-in-class power market analysis. Your work will provide actionable insights into the European power market.

Specifically, you will:

  • Proactively explore new trade ideas and work with traders on their implementation
  • Analyze the fundamental drivers of the power supply & demand balance and translate this into a price view and sensitivity analysis
  • Monitor market news and policy developments and identify their impact on the power market
  • Monitor weather developments and their impact on power prices and trading strategies
  • Improve and develop new forecasting fundamental and statistical models used in the trading activities of the desk
  • Provide briefings for traders and other colleagues within Eneco Energy Trade
  • Improve the energy market and meteorological data landscape and add new data sources
  • Help monitor and analyze trading positions and PnL, and assist in the reporting and tooling responsibilities of the Trading Analysis team

You’ll join the Trading Analysis Team — a front-desk analytical team working alongside traders on our trading desk, which is responsible for trading power, gas, and carbon from day-ahead up to several years ahead, using both physical and financial instruments. The team provides the analytical backbone of the desk.

Your primary focus will be the European power markets, but you’ll collaborate closely with colleagues covering gas and carbon. The environment is international, high-paced, and collaborative — bringing together talent from diverse academic and professional backgrounds.

Responsibilities

  • A degree (MSc or PhD) in a quantitative field
  • At least 3+ years of relevant experience in power market analysis in a trading environment, an energy company, a hedge fund, or a market research company
  • Ideally experience with building & using power fundamental and quantitative models
  • Solid Python programming skills and work with databases
  • Your approach is analytical but also hands-on and pragmatic
  • Energy Trade is a very dynamic environment. Targets change frequently based on market or business opportunities. A candidate should be flexible and focused at the same time.

Job requirements

  • You will have direct impact on trading decisions and strategies and work closely with our traders. This can include both discretionary and systematic trading strategies
  • You will work on topics related to fundamental energy market analysis and modelling
  • You will be involved in other topics to improve the capabilities of the desk, such as automating the trading process, adding new data sources, etc.

Other

Benefits

  • Gross annual salary between €86.000 and €128.000: Including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing
  • FlexBudget: Including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing. 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: home, office or abroad: Work 40% at the office, 40% from home, and 20% flexibly. With manager approval, you may work abroad (within approved countries) up to 3 weeks/year, max 2 consecutively


Why Eneco?

The energy transition is in full motion and Eneco is helping to lead it. Our ambition? That goes for our operations and the energy we deliver to millions of customers. From building wind and solar parks to innovating in energy trading, we're investing in real impact — and scaling that impact across Europe.

To accelerate this journey, we're looking for sharp analytical minds. As a Power Trading Analyst, you’ll play a key role in supporting our trading activities with advanced market insights, models, and tools, enabling data-driven decisions in a fast-moving and highly strategic environment.

Disclaimer: Careers in Commodities and the Erasmus Commodity & Trade Centre hold no responsibility for the accuracy of the information presented above. For most accurate and up to date information, refer to the official website of the vacancy offeror.