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Työnimike: Quantitative Analyst

Työnkuvaus:
Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2018, our sales were EUR 5.2 billion and 57% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

Generation division is responsible for the large scale power production, physical optimization and trading activities in the Nordic area. This division comprises nuclear, hydro, wind and thermal power production, portfolio management and trading, industrial intelligence and nuclear services.

Trading and Asset Optimisation (TAO) organisation optimises the best price for electricity production and consumption and hedges earnings from these operations with commodity derivatives far into the future. About 95 TWh of physical electricity trading and about 200 TWh of trading in commodity derivatives pass through TAO each year. We operate in several commodity exchanges such as Nasdaq Commodities and ICE, as well as physical electricity markets, Nord Pool and TGE (Polish Power Exchange). We also operate Fortum's hydro plants to enable total optimisation of our hydro fleet in the volatile energy market. In-depth understanding of the electricity business and market knowledge are an essential part of TAO's business. In addition, TAO Ventures pilots new start-ups such as Fortum Spring and Fortum SolarPlus.
 

Your role

Do you want to be part of Fortum's Hedging and Pricing unit, responsible for Fortum's financial commodity derivatives trading and operative market intelligence? We are now looking for a Quantitative Analyst for our Hedging and Structuring team based in either Espoo, Stockholm, Oslo, or Gdansk.

Responsibilities of the role include:
- Operative pricing of non-standard derivatives
- Complex financial analysis
- Closely follow and understand the market and the industry
- Responsibility of daily routine tasks
- Maintain and contribute to the development of our proprietary pricing algorithms.


We offer you

We believe the best in our people and want to foster a company culture that helps our people thrive. Consequently, we offer you an entry level analyst role with a broad spectrum of tasks. You will have the opportunity to learn about commodity markets, commodity production hedging, trading, structuring, and pricing algorithms.
Given your close collaboration with our other quantitative analysts, financial and physical trading desks, risk and compliance, back office, production settlement, legal department and business control, you will have a great chance to broaden your network and get great insight into our business.
 
 
Your qualifications

To succeed and thrive you need an interest in quantitative analysis in context of portfolio management and trading. You have a positive and curious mindset, as well as a honest way of working. We are looking for a team player who contributes to a great team spirit with your communicative and collaborative skills.

Requirements for the position:
- 0-2 years relevant experience.
- M.Sc. in quantitative field (Economics, Finance, Mathematics, Statistics, Engineering, Computer Science, Physics, etc.)
- Strong programming skills. Knowledge about spreadsheets is a plus.
- Strong communication skills, written and verbal English.
- Attention to detail, and ability to work under short deadlines.
 

Interested?

Please send your application via our online recruitment tool by 6th June 2019 at the latest. For further information, please contact Kalle Kuokka, Head of Hedging and Structuring: +358 50 452 4624, kalle.kuokka (at) fortum.com, or Juha Lounesto, Lead Quantitative Analyst: +358 50 406 0033, juha.lounesto (at) fortum.com.

Kalle Kuokka +358 50 452 4624, kalle.kuokka (at) fortum.com, or Juha Lounesto +358 50 406 0033, juha.lounesto (at) fortum.com.

numberOfPosts: 1

jobCategoriesCodes_0: http://data.europa.eu/esco/isco/C2413

positionTypeCode: directhire

contractTypeCodes_0: fulltime

Työnantajan nimi: Fortum Oyj

source: TIVA