QUANTITATIVE ANALYST – IT QUANT
- Brussels, Bruxelles-Capitale, Belgium
- Permanent, Full time
- 29 Sep 16
ENGIE Global Energy Management-Brussels / Paris
Global Energy Management (GEM) is responsible for the management of the ENGIE Group’s assets. The role of GEM is to ensure competitive energy for customers while optimizing created value, within a consistent risk framework.
The GEM teams negotiate ENGIE natural gas supply contracts, optimize the assets (power plants) and the energy purchase and sales contracts (long-term gas contracts, Virtual Power Plants, transmission capacity, storage, and re-gasification capacities, etc.), and provide customers with natural gas and electricity, as well as energy price risk management services.
The teams manage one of the largest and most diversified energy portfolios in Europe, including electricity, natural gas, coal, oil products, biomass, CO2 and environmental services.
GEM manages the Group’s portfolio on a day-to-day basis for all ENGIE activities, customers and external counterparts, particularly through its trading activities and presence in Europe’s key energy marketplaces
ENGIE Global Market is the energy trading platform of the ENGIE Group, a global energy player and an expert operator in the three business of electricity, natural gas and energy services. We combine long-term industry experience and financial market know-how.
ENGIE Global Markets, a company with a regulated Investment Services Provider status, serves all ENGIE activities around the world and provides market solutions to a wide range of players operating from up- to downstream of the energy value chain. With a staff of 390 and four trading floors in Paris, Brussels, Rome and Singapore, we have an extended geographical coverage in Europe and Asia-Pacific and business activities in 40 countries worldwide.
The Prices & Modeling Department is looking for a IT Quantitative Analyst
The mission of the IT Quant entity within Prices and Modelling is to ensure the optimal implementation of state-of-the-art models and methods within GEM. Such models and analyses cover the whole spectrum of GEM quantitative needs, i.e., price diffusion models, market analyses, consumption forecasting, valuation of deals and portfolio, costing of consumers, optimization of assets, etc.
The role of the senior IT-quantitative analyst is to participate to that mission and particularly to focus on the architecture, the coherence and the performance of the pricing library(ies) and to secure its(their) integration and production. The daily responsibilities of the IT-quant include:
- ensuring maintainability and coherence of the pricing library(ies)
- ensuring performance of the pricing library(ies)
- state-of-the-art Implementation of numerical algorithms used in finance e.g. Monte Carlo and PDE
- development and Implementation of pricing tools
- technical assistance to end-users
- documentation of the models and tools
By being a reference expert in the domain, leading projects that will allow GEM to manage optimally its portfolio, the (senior) quantitative analyst will contribute significantly to the operations and the definition of the strategy of GEM.
- you have a university degree in Financial Engineering, Statistics, Mathematics, Physics, Engineering ideally with a PhD (Ideally degree in Quantitative Finance or equivalent experience)
- you have strong Programming skills, Be recognized as expert in software engineering
- you have understanding of the trading and portfolio management business and experience in Energy Markets is a plus
- you have good knowledge of the .Net framework and the C# programming language
- you have good communication skills, ability to summarize and explain complex issues and models
- ability to drive its own work autonomously
- you are fluent in English
- you are willing to work in Brussels or Paris 40% of the time
- intellectually challenging job
- integration within a larger team of quants and analysts
- autonomy and possibility to take responsibilities
- possibility to grow, learn and develop, including e.g. attendance to some conferences