Junior Analyst Program - Energy Commodity Analyst

Company Description

Vattenfall is a European energy company with approximately 20 000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We now want to make fossil-free living possible within one generation. To be able to reach this ambitious goal we are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.

Business Area (BA) Markets’ role in Vattenfall is to maximize the value of the overall portfolio by optimizing and dispatching, hedging, and sourcing for Vattenfall's sales and generation volumes. We serve as Vattenfall’s single access to energy commodity markets and trade electricity, emissions, fuels, freight, and renewable certificates. We employ around 500 professionals who are active across Europe with offices in Sweden, Germany, The Netherlands, and the United Kingdom.

Within Markets the Business Unit (BU) Trading is the energy trading hub of the Vattenfall Group. BU Trading is responsible for all trading activities around Vattenfall´s asset and customer flows to maximize value creation and improve sourcing costs. It provides market access services for the Vattenfall Group which means managing all hedging flows, from generation assets or customers, by Market Access. Next to handling our flow business, BU Trading also has a proprietary mandate.

Our working environment is based on a collaborative approach, as we strongly believe that through teamwork, we can develop the most successful trading strategies. We have a culture of care and growth. You will collaborate with inspiring people around you, on complex and interesting topics. Together, we drive the energy transition and contribute to a journey towards becoming fossil-free.

Job Description

Do you like to work in the dynamic environment of the trading floor? Do you want to contribute to high quality analysis and the success of the trading function using your analytical capabilities and commer­cial comprehension? In that case this job could be the right one for you.

For our offices in Hamburg or Stockholm we are looking for top talents to join our Junior Analyst Program – Energy Commodity Analyst in the Trading Analysis & Algorithms department.

The Junior Analyst Program – Energy Commodity Analyst: The program runs for 18 months and starts in June 2025. It provides the junior analysts with exposure to the main energy commodity mar­kets Vattenfall is active in via a structured introduction to the different activities in the energy trading business and 3-4 analysis assignments (each 4-5 months). During the assignments you work closely with the respective senior analyst(s), trading algorithms developer(s), and trading desk(s) on a daily basis. The work on the trading floor will be complemented by workshops focusing on, e.g., your personal development or our Vattenfall principles.

The Trading Analysis & Algorithms department within the Business Unit (BU) Trading works closely with the trading desks and takes the leading role in providing market insights, (fundamental and quan­titative) analysis, and ultimately commercial decision support across all commodity areas. As part of the department, the Algorithmic Trading desk works closely with the other trading desks and the Algo Infrastructure team and takes the leading role in algorithmic trading and automated trade execution across BU Trading from the intraday to term horizon.

Your main tasks and responsibilities as a Junior Analyst:

• Conduct commercially relevant fundamental and quantitative analysis to support traders and algorithms developers, and play an active role in developing trading and sourcing strategies
• Keep track of the latest market developments, identify key fundamental drivers and regime shifts, develop price views and sensitivity analyses, and provide related communication and advice to traders and portfolio managers through various communication channels
• Further develop the fundamental and statistical energy commodity markets modelling and interface with supporting functions on business-driven model development and policy analysis
• Play an active role in further developing and automating routines, procedures, and applications for analysis-related information and data
• Be part of the Trading Analysis & Algorithms department and contribute to its analysis output as well as the commercial success of BU Trading.

Qualifications

Our ideal Junior Analyst has the following qualifications and capabilities:

• Strong academic background with a Bachelor’s degree or ideally higher in, e.g., business, economics, engineering, natural sciences or other relevant quantitative subject
• Knowledge and first experience (e.g., from internships or working student placements) in energy markets or algorithmic trading clearly advantageous
• Good statistical, analytical, and programming skills (ideally Python)
• Fluency in English (both written and spoken). Additional languages clearly advantageous
• Strong communication skills with the ability to communicate with various internal stakeholders and the willingness to share knowledge
• Result oriented, independent, and structured working method with high reliability and readiness to take on responsibility
• Proactive team player with eagerness to learn.

Additional Information

Our offer

This is an excellent opportunity for ambitious and talented individuals who want to progress their career within a challenging and international work environment, and the possibility to work with some of the best people in the field. You will be working in interdisciplinary teams and you can always count on support from committed colleagues. We offer attractive employment conditions and opportunities for personal and professional development.

More information

We welcome your application in English, no later than February, 28th 2025. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website.

For more information about the recruitment process you are welcome to contact our Recruiter Jil Ungethüm via phone at +49 40 79022 1378.