Quantitative Analyst

Company Description

Statkraft US LLC

Quantitative Analyst (one position)

Location:  Stamford, Connecticut, USA

Full time, 40 hours per week, Monday-Friday

Domestic travel may be required up to 5%.

International travel may be required up to 5%.

Why Statkraft?

Statkraft has been making clean energy possible for over a century. That's what we offer. 125 years of unrivalled expertise in supplying the world with what it needs most. Because in the fight against climate change, we don't see renewable energy as part of the solution – we believe it must be the solution. With us, you'll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

But there's more work to be done – that's why we need you to join us!

Working in Proprietary Trading

Statkraft trades energy products in more than 20 countries and is active on 13 energy exchanges. Proprietary trading takes place mainly from trading rooms in Oslo, Düsseldorf, London and the Unites States. Statkraft trades power, natural gas, carbon certificates, dry bulk products, metals, oil and petroleum products in the global markets.

Job Description

• Work as a member of the proprietary trading business to serve the micro-structure of the power, natural gas, and other energy-related markets in North America by applying mathematical, statistical, and machine learning techniques to address practical issues in finance.
• Apply financial analytical skills to structure complex problems, model power markets, and make profitable trading decisions.
• Execute quantitative trade strategies to develop broader discretionary trade views.
• Leverage analytical techniques to derive trade idea generation.
• Apply coding, automation, and analytics capabilities to help predict portfolio positions and gain edge.
• Assume ownership of risk related to development of platforms for Energy Commodities trading.
• Work with and add to a data lake of timeseries with sub-hourly frequencies, textual data for various service operators in North America.
• Scrape, store, clean, and analyze datasets

Qualifications

1. Must have a Bachelor’s degree or foreign equivalent in Finance, Financial Engineering, Engineering, Computer Science, Mathematics, Statistics, or a related field, and 5 years of post-bachelor’s, progressive related work experience; OR a Master’s degree or foreign equivalent in Finance, Financial Engineering, Engineering, Computer Science, Mathematics, Statistics, or a related field, and 1 year of related work experience.
2. Of the required experience, must have 1 year of experience with the following:

• Using statistical methods and machine learning techniques to support trading decisions;
• Applying mathematical concepts, including Linear Algebra, Probability, and Statistics;
• Writing scalable code using Python, SQL, Bash scripting, and GitLab;
• Utilizing Coder, Argo, or Kubernetes platforms to automate tasks and build analytics;
• Developing trading strategies within the energy commodity proprietary trading environment

Statkraft will accept any suitable combination of education, training, or experience.

Additional Information

What we offer  

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. Statkraft offers competitive terms of employment and a comprehensive benefits package that supports your well-being both at work and beyond. This includes healthcare coverage, wellness programs, and a 401(k) retirement plan with company matching. We also provide a range of additional perks, such as generous paid time off, and professional development opportunities.