Intraday Power Trader / Analyst

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 20,000 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.

Job Description

Do you want to help us lead the transition into a fossil free future, and enable integration of more renewable power production into the European power system? Do you have a curious and analytical mind who likes programming and data analysis? Then we might have the perfect position for you!

We see a rapid growth both in our own wind portfolio and in the demand for smart energy services why we now need to strengthen our Nordic team in Wind- & Customer optimisation with a new talent.

Wind & Customer Optimisation Nordic is a performance oriented department responsible for optimisation of Vattenfall’s Nordic Wind- and Customer portfolio on physical power markets. Thus we have a key role for the realisation of Vattenfall’s strategy to lead the transition into a sustainable energy system by enabling further integration of renewable energy and new investments in fossil free power. The team is expected to be innovative, high performing and flexible – ready to cope with the rapidly changing dynamics of the European Power market.

The role as Intraday Power Trader / Analyst:

As a member in the Intraday-team you work part time at the trading-desk in our Nordic dispatch center and part time with other responsibilities such as market analysis, developing trading strategies and systems/tools for quantitative and data-driven decision support in order to continuously improve our business. This position will include roughly 50% work at the Intraday desk (scheduled work, will include working early mornings, late evenings and some weekends) while the remaining time will be focused on analytical tasks supporting our experts in market analysis and development of algorithmic-trading.

This combined role provides an interesting and challenging job with varying tasks. Working at the intraday desk will give you a deep understanding about the fundamentals of the Nordic power market – the perfect introduction to our business. That knowledge will then be essential for your analysis- and business development tasks, where we expect you to be creative, take own initiatives and think outside of the box when developing new solutions and trading strategies. IT and data are integral parts of all our processes and in this role you will be introduced to data analysis, advanced forecasting tools and algo-trading.

Main tasks and responsibilities:

• Act part-time (50%) as Intraday power trader at the Nordic dispatch center
• Support our experts in continuous development of Vattenfall’s Nordic intraday trading activities (market analysis, trading strategies, algos, forecasts etc.)
• Challenge established solutions and initiate new business improvements.

Qualifications

We are looking for a person with:

• Relevant University degree of quantitative/financial discipline (e.g. Engineering, IT, Econometrics, Mathematics, Physics or similar)
• Programming and data analysis skills (preferably in Python)
• Business sense and a “trader’s mindset”
• Flexibility and ability to keep many activities ongoing simultaneously

You need to be fluent in Swedish and have good understanding of English

Additional Information

We offer an interesting and challenging job within one of Europe’s leading energy companies and in a vital business area where we expect substantial growth within the next few years. You will be part of a innovative, dynamic and high performing team active in a rapidly changing market which provides quick feedback and reward. Initially you will work closely together with our market leading experts on market analysis and intraday trading and then your responsibilities will grow gradually as you are building knowledge and expertise. Over time you will have great opportunities to influence and steer your career path according to your own aspirations.

At Vattenfall we are convinced that striving for diversity helps to build a more profitable, efficient, and attractive company. Therefore we seek a harmonious balance of employees in terms of age, religion, gender identity & expression, sexual identity, disability and ethnic background. Read more on how we work with diversity and inclusion here:

https://careers.vattenfall.com/about-us/diversity-and-inclusion/

For more information about the position you are welcome to contact recruiting manager Viktor Joelsson, +46-72 585 3087. For information regarding the process please contact recruiter Peter Blixter, +46-72 237 3202.

Trade union representatives: Jens Morell (Unionen) and Sven Gunnar Gremlin (Akademikerna). To get in contact with the representatives, please call Vattenfall switchboard +46 8 739 50 00.

We welcome your application, including CV and cover letter no later than March 13, 2023. Please note that we will not handle applications sent to us via e-mail. As we may conduct interviews on an ongoing basis, we encourage you to apply as soon as possible.

Since Vattenfall is part of the Swedish critical infrastructure many of our positions are security classed. This position is security classed hence the final candidates can be subject to a security vetting process, according to the Swedish legislation.

Our organization:

Business Area Markets maximizes the value of Vattenfall’s portfolio by optimizing and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimize 3rd party batteries and enter into origination deals within the B2B segment. We serve as

We look forward to receiving your application!