At a Glance
- Tasks: Deliver quantitative analysis and design mathematical models for trading and risk management.
- Company: Join Centrica, a family of brands driving a greener future.
- Benefits: Competitive salary, flexible working, and opportunities for personal growth.
- Other info: Be part of an agile team with excellent career progression opportunities.
- Why this job: Make a real impact in the energy sector while developing your analytical skills.
- Qualifications: Master's or PhD in a quantitative field and experience in financial modelling.
The predicted salary is between 55000 - 70000 € per year.
We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes. Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future.
The Quantitative Analytics team at Centrica Energy is part of the Trading Analytics and Algorithms centre of excellence, and is responsible for:
- Delivering quantitative analysis of complex and structured products, that provides insight to help traders to maximise value and manage risk.
- Designing and implementing complex mathematical models that allow for consistent pricing and joint risk quantification across multiple portfolios, enabling more holistic and optimal hedging decisions.
- Assisting originators in development of structured products across the Renewables, LNG, Gas & Power sectors.
As a Quantitative Analyst you will become part of an agile team of circa 12 people located across our offices in both London (UK) and Aalborg (Denmark), with a broad remit to support the development, and use of, our pricing and risk management models and systems. This role will be situated in our London office and the successful candidate will be required to:
- Produce high quality increments to the team's model library - working both individually and collaboratively.
- Assist/advise trading and origination via quantitative analysis and a strong mathematical/financial intuition.
- Leverage the teams cross-asset expertise to connect business locations, helping to identify synergies and increase efficiency.
Here’s what we’re looking for:
- Experience of having worked as a Quantitative Analyst (or similar), delivering pricing and risk metrics for complex derivatives and structured products.
- Excellent understanding of a variety of mathematical and statistical models, stochastic calculus in particular, and their use in finance.
- Master's Degree or PhD qualification within science, computing, mathematics or other quantitative subject.
- Familiarity or high level of interest in Energy / commodity markets.
- Experience of code development (ideally Python).
- Strong Communicator and fluent in English language.
- Strong interpersonal skills.
Quantitative Analyst - London in Harpenden employer: Centrica
At Centrica, we pride ourselves on being more than just an energy company; we are a community dedicated to creating a sustainable future. Our London office offers a dynamic work culture that fosters collaboration and innovation, providing employees with opportunities for professional growth and development in the rapidly evolving energy sector. Join us as a Quantitative Analyst and be part of a mission-driven team where your contributions will directly impact the transition to greener energy solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst - London in Harpenden
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Centrica on LinkedIn. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your quantitative analysis skills. Be ready to discuss your experience with complex derivatives and structured products, as well as any relevant mathematical models you've used.
✨Tip Number 3
Show your passion for the energy sector! Research Centrica’s initiatives in green tech and be prepared to share how your skills can contribute to their mission of a cleaner, greener future.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace Quantitative Analyst - London in Harpenden
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Quantitative Analyst role. Highlight your experience with mathematical models and any relevant projects you've worked on, especially in energy or commodity markets.
Craft a Compelling Cover Letter:Your cover letter is your chance to show us your passion for the role and the company. Share why you want to work at Centrica and how your background makes you a great fit for our mission of energising a greener future.
Showcase Your Technical Skills:Don’t forget to mention your coding experience, particularly with Python. If you've developed any models or tools, give us a sneak peek into those projects to demonstrate your technical prowess.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Centrica
✨Know Your Numbers
As a Quantitative Analyst, you'll need to demonstrate your understanding of complex mathematical models. Brush up on stochastic calculus and be ready to discuss how you've applied these concepts in previous roles. Prepare examples that showcase your analytical skills and how they can benefit the team at Centrica.
✨Show Your Passion for Energy Markets
Centrica is all about revolutionising the energy sector, so make sure you express your interest in energy and commodity markets during the interview. Research recent trends and developments in the industry, and be prepared to share your thoughts on how they might impact quantitative analysis and risk management.
✨Collaborative Mindset
This role involves working closely with a team, so highlight your collaborative experiences. Think of specific instances where you’ve worked in a team to solve complex problems or develop models. Emphasise your interpersonal skills and how you can contribute to a positive team dynamic at Centrica.
✨Demonstrate Coding Skills
Since coding is a key part of this role, especially in Python, be ready to discuss your coding experience. Bring examples of projects you've worked on, and if possible, prepare to solve a coding challenge during the interview. This will show your technical proficiency and readiness to contribute to the team's model library.