Environmental Products Market Analyst

Company Description

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!

Job Description

As part of the Trading and Origination team, the Environmental Products Markets Analyst will strengthen our analytical and data science capabilities, with an emphasis on certificate inventory optimization, fundamental modelling, pricing, and market strategy. Our ideal candidate will be well organized, self-starting, goal oriented, and be able to proactively create solutions to drive operational efficiency. She/he brings significant energy and thrives in an atmosphere that rewards completing transactions from start to finish. The role is ideal for someone who is always thinking about how to optimize, and loves working with data, solving problems, and making a measurable impact.

• Responsible for the management and optimization of the US Environmental Products certificate/credit inventory, which includes:
  • The creation of tools, systems, and processes for REC and Carbon deliveries
  • REC and Carbon Registry management
  • Work with Settlements and Risk teams to create, maintain, and improve proprietary portfolio management programs and tools.
  • Create transparent reporting for outstanding/upcoming positions and near term (1yr out) deliveries.
• Responsible for ownership, creation, analysis, and dissemination of various US Environmental market models, which includes the:
  • Design, build, and maintenance of financial, trading, and supply/demand models
  • Regular updates to core market models
  • Relationships with third-party market analysts
  • Fundamental and market analysis to provide insights on a range of topics, e.g. view formation, long-term deal pricing, optimal hedging strategies, long-term calibration of curves and models
  • Provide data-driven decision support and deliver insights to senior portfolio managers and management
• Support company-wide data management, Excel tools and Python libraries
• Support Quant and Structuring team with model development, inputs, calibration, and deployment
• Support transactions from deal closing through settlement,
• Support the larger team with development, refinement, and occasional execution of various trading strategies
• Support the Portfolio Management team with trading and execution, initially as a backup; including use and proficiency of all internal and external (e.g. exchange) relevant trading systems.
• Conduct advanced quantitative analysis to derive insights from large and complex datasets, using statistical techniques, mathematical models, and machine learning algorithms.
• Be excited about the intersection of technology, business, and the renewable energy markets.

Qualifications

• Strong understanding of power system economics and fundamental models is a must.
• Understanding of, or previous exposure to, renewable energy is preferred.
• Experience trading commodities among a US client base.
• Interest in energy markets, renewable energy, algorithms, and data science.
• Bachelor’s or Master’s degree in mathematics, Statistics, Physics, Computer Science, or another highly quantitative field.

• Experience analyzing complex transactions.
• Understanding of common commercial terms for short and long-term transactions.

• 2+ years of experience analyzing and executing transactions for any commodity market with US client-base.
• Data science ability in Python.
• Pragmatic thinking and a commercial mindset.
• Strong experience in presenting (internal or external).
• Exceptional communicator, skilled at internal & external stakeholder management.
• Intellectually curious, highly analytical, data driven individual with advanced statistical & machine learning skills.
• High level of personal integrity.

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. Together, we work on the front lines of changing the game for renewable energy. From hydrogen development to algorithmic trading and everything in between. We have 125 years of unrivalled expertise in creating the technologies that put ecosystems, communities, and our environment first. With us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. This includes:  

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leaderships program like IMD   
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds  

Statkraft offers competitive terms of employment and benefits schemes, and we’re a trusted employer that puts the safety of our people first. We believe that a safe and healthy working environment is a matter of choice, not chance.  

Statkraft manages critical infrastructure and services in several countries. The applicant must be eligible for security clearance and authorisation.