Portfolio Quant (Asset Optimisation & Trading)
EP Commodities generates electricity, trades energy on the wholesale markets, provides balancing services in power and gas markets, and provides customer solutions to producers and business end users. Our seat is located in Middelburg, the capital of the province of Zeeland in the Netherlands.
We supply energy and energy related products and services to large and medium size customers. Our generation portfolio is composed of gas-fired, renewable generation capacity and PPAs with producers of different sources of renewable and nuclear energy. With access to fast-cycle gas storage capacity EP Commodities provides short-term flexibility solutions to gas portfolios.
As a responsible producer, trader, and supplier of electricity, EP Commodities contributes to the transition to a sustainable economy. With our highly efficient CCGT power plant, we play a crucial role in providing the necessary flexibility to manage volatile production from renewable energy sources.
Department
Asset Optimisation is part of the Asset Optimisation & Trading department that is responsible for the P&L of EP Commodities assets within the trade horizon. Asset Optimisation is responsible for the optimisation of EP Commodities asset portfolio, including long-term PPAs, over the lifetime of the underlying contracts.
Currently we have a vacancy for a Portfolio Quant within the team of Asset Optimisation. The Portfolio Quant determines, in close cooperation with Trading and Shift Trading, optimal bidding and hedging strategies for the different markets based on the overall portfolio positions. By taking into account the uncertainty of demand, wind production and flexibility of EP Commodities’ power plants the aim is to capture the maximum value. These responsibilities require a result-oriented quantitative professional with commercial affinity who can work under pressure to meet deadlines.
Key tasks
Developing hedging and bidding strategies.
Power plant portfolio optimisation
Handling large amounts of data.
Forecast and demand modelling.
Customer portfolio optimisation.
Qualifications
Strong academic background (MSc or PhD) in a quantitative discipline (e.g. Econometrics, Engineering, Mathematics). A background and/or experience in Operations Research is preferred.
Knowledge, experience and skills in the specialist field
Sound knowledge of quantitative methods and techniques and econometric/mathematical models
Experience in modelling and solving Mixed Integer Linear Problems is an advantage
Experience in the energy market
Good programming skills and advanced knowledge of mathematical software. Preferably advanced knowledge of one of the following: Matlab, Python
Knowledge of Azure cloud environment is an advantage
General skills
Strong decision making skills along with taking the relevant responsibilities
Team player that contributes to building team spirit
Able to effectively communicate results to a variety of groups with different backgrounds
Creative, innovative and seeking change.
Good networking skills
Place of work
Middelburg, the Netherlands.
Employee benefits
We offer excellent employee benefits, including discount on health insurance, next to your salary you receive a Benefit Budget that lets you decide on the allocation of your benefits yourself. Base salary min. € 4.653,- and max. € 7.049,- gross a month.
More information
For more information about this position, please send an email to jobs@epnl.nl with your questions and phone number and we will contact you as soon as possible.
Applications
Please send your application with your motivation (in English) along with your CV. An assessment can be part of the selection procedure.
Join our team
Want to join our organization? Then we'd love to hear about you!