Junior Quantitative Analyst Europe

ContourGlobal is an established Independent Power Producer developing, acquiring, and operating electricity generation assets worldwide. The company currently manages more than 6.2 GW of installed capacity across different generation technologies in 18 countries across Europe, Africa, Asia, North and South America. With a current share of renewables capacity of 27%, the company has committed to speed up the decarbonization of its portfolio with a sustainable transition of its thermal fleet, the repowering of existing renewable assets and the organic development of new renewable projects. ContourGlobal, a KKR company since 2022, has a track record of almost 20 years of experience in partnering with communities, institutions, and customers that benefit from its power supply through long-term contracts or innovative PPAs, coupled with energy management solutions.

As a Quantitative Analyst, you will need strong analytical skills and a keen interest in the energy sector, looking to make a significant impact in a dynamic and innovative environment. You will join the Quant Risk team inside the Energy Management and commercial department of ContourGlobal, a multinational independent power producer, with the aim of taking part in its ambitious growth plan by leveraging advanced technologies and cutting-edge analytics.

Key responsibilities:

• Collaborating on the definition and implementation of energy sales optimization strategies and hedging policies to maximize portfolio profits and minimize market and operational risks in a volatile power market.
• Designing, developing, and implementing algorithms and mathematical/statistical models to evaluate portfolio performance under different market conditions and analyze the impact of hedging strategies.
• Contributing to the development of innovative automated solutions for asset optimization and trading.
• Identifying opportunities for data automation to improve efficiency and accuracy in energy trading and risk management activities.
• Conducting backtesting of strategies and analyzing performance of different assets and trading strategies.
• Developing and defining tools to facilitate the analysis and visualization of portfolio positions and the evaluation of hedges, ensuring proper reporting of P&L and risk metrics.
• Monitoring the performance of data automation processes and identifying further optimization opportunities while managing modern cloud platform tools.
• Manage an Energy Trading and Risk Management (ETRM) system.

Requirements

• Relevant academic background in a quantitative field (e.g., Mathematics, Statistics, Engineering, Finance, Computer Science)..
• 1–4 years of experience in the energy sector (e.g., energy management, trading, or consulting) as a Quantitative Analyst or in a similar role.
• Knowledge of trade support, trade settlement, and risk management processes.
• Expertise in using databases (e.g., SQL or similar).
• Proficient in programming and analytical tools (Python, R, MatLab, or similar environments).
• Proven experience with automation techniques for data collection and management, including the use of APIs and FTPs.
• Advanced knowledge of Excel, including macros, custom functions, and VBA.
• Familiarity with Azure cloud infrastructure is a big plus.
• Strong analytical mindset with a problem-solving attitude.

• Ability to communicate complex technical topics clearly to non-technical stakeholders.
• Solid understanding of the energy business, including trading and finance concepts.
• Self-starter with the ability to adapt to changing priorities and take initiative, always seeking opportunities to improve processes and solutions.

ContourGlobal provides equal employment opportunities and maintains a diverse workforce that reflects the rich environment of the society we live in and markets we operate.