Quantitative Analyst

Company Description

Quantitative Analyst

Location : On Site, San Francisco, CA

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

Job Description

Statkraft is the largest generator of renewable energy in Europe and an established participant within the various US environmental commodities markets. As part of the Origination department, the Origination team sources and manages a long-term portfolio of third-party renewable energy contracts. This portfolio usually consists of Power Purchase Agreements (PPAs) and long-term sales contracts with a variety of large customers and trading partners. Currently, the team is expanding its activities to the US power and renewables markets, specifically PJM & ERCOT. The team is responsible for the origination, pricing, structuring, and portfolio management of all bilateral power and Renewable Energy Credits (REC) deals.

The role of Quantitative Analyst is ideal for someone who is always thinking about how to optimize, and loves working with data, solving problems, and making a measurable impact. As a Quantitative Analyst, you will :

• Help develop both a quantitative and fundamental view of the US power markets and related commodity markets.
• Formulate and analyse new trading strategies, including hedging and optimisation strategies.
• Provide analytical support with the scaling up of our portfolio of non-standard power contracts in the US markets, working effectively to value products and optimize the value of the portfolio.
• Work with stakeholders throughout the organization to identify opportunities for leveraging data to drive business decisions.
• Operate and drive the improvement of quantitative models and tools, used for our trading, hedging and optimisation activities.
• Contribute to the team's systematic usage of available datasets and integration of new data sources.
• Conduct advanced quantitative analysis to derive insights from large and complex datasets, using statistical techniques, mathematical models, and machine learning algorithms.
• Collaborate with team members with regards to maintaining and expanding a robust code base and quality documentation.
• Proactively engage yourself in discussions to exchange knowledge and ideas with fellow analysts, traders, portfolio managers, originators, internal and external developers.
• Be excited about the intersection of technology, business, and the renewable energy markets.

Qualifications

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.