At a Glance
- Tasks: Collaborate on innovative models for derivatives pricing and market analysis.
- Company: Join EDF Trading, a leader in sustainable energy solutions.
- Benefits: Enjoy hybrid working, private health insurance, gym memberships, and more.
- Other info: Be part of a diverse team with excellent career growth opportunities.
- Why this job: Make a real impact in the fast-paced world of energy trading.
- Qualifications: Proficient in C++ and Python with strong analytical skills.
The predicted salary is between 30000 - 40000 € per year.
When you join EDF Trading, you’ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches, and think outside the box. Energy markets evolve rapidly, so our team needs to remain agile, flexible, and ready to spot opportunities across all the markets we trade in power, gas, LNG, LPG, oil, and environmental products.
EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it’s experience that makes us leaders in the field. Energy is what we do. Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.
Gender balance and inclusion are very high on the agenda at EDF Trading, so you will become part of an ever-diversifying family of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.
We are EDF Trading, part of the EDF Group - a world leader in low-carbon, sustainable electricity generation. Join us, make a difference, and help shape the future of energy.
Department Overview
The Quantitative Solutions department is business focussed and prides itself in being subject matter experts across our core areas: business knowledge, research and development of derivatives models, analytical tools, producing highly scalable performant compute services for pricing and risk.
Team Description
The Quantitative Analysis team is responsible for the research and implementation of models for derivatives pricing and market analysis. The core deliverables are a C++ library and Python services for pricing, risk calculation, and parameter estimation. The team partners with trading desks, pricing & structuring, and commercial teams, to recommend and develop new models, and to identify and implement enhancements to existing models. The team works closely with Quantitative Development and Quant Risk to ensure that models are efficiently implemented, tested, and well documented.
Core Responsibilities
- Partner with trading desks and structuring to gather requirements for new derivatives models
- Undertake research and development for new models and upgrades to existing models
- Backtest models to provide insights on model behaviour and suggest strategies for trading
- Calibration/estimation of model parameters, working with development teams for deployment
- Partner with Quantitative Development to develop pricing libraries and data analysis tools
- Actively engage with Quant Risk to test and document proposed enhancements to models
Technical Requirements
- Good programming skills in C++ and Python; able and willing to write clear and effective code
- Sound understanding of linear algebra, calculus, statistics, and numerical optimization methods
- Basic knowledge of commodities trading and preferably some exposure to option pricing theory
Person Specification
- Strong analytical and problem solving skills with an exceptional level of attention to detail
- Good communication skills with the ability to actively engage with non-technical audiences
- Capable of thriving in a fast paced yet collaborative and team-driven trading environment
Hours of work: 08:30 to 17:30
Junior Quantitative Analyst in London employer: EDFT
At EDF Trading, we pride ourselves on fostering a dynamic and inclusive work environment where innovation thrives. As a Junior Quantitative Analyst, you will benefit from a comprehensive range of perks including hybrid working options, private medical insurance, and opportunities for professional development within a diverse team of experts. Join us in London and be part of a company that not only leads in energy trading but also prioritises employee well-being and growth.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Quantitative Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current employees at EDF Trading on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing a role in the Quantitative Analysis team.
✨Tip Number 2
Prepare for those interviews by brushing up on your C++ and Python skills. Be ready to discuss your understanding of derivatives pricing and market analysis, as well as how you can contribute to the team’s goals.
✨Tip Number 3
Show off your analytical skills! Bring examples of past projects or experiences where you’ve successfully tackled complex problems. This will demonstrate your ability to thrive in a fast-paced trading environment.
✨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 genuinely interested in joining the EDF Trading family.
We think you need these skills to ace Junior Quantitative Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Junior Quantitative Analyst role. Highlight your programming skills in C++ and Python, and don’t forget to mention any relevant experience with derivatives models or commodities trading. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about energy markets and how your analytical skills can contribute to our team. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Problem-Solving Skills:In your application, be sure to include examples of how you've tackled complex problems in the past. Whether it's through coursework, projects, or previous jobs, we want to know how you approach challenges and find solutions.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative!
How to prepare for a job interview at EDFT
✨Know Your Numbers
Brush up on your knowledge of linear algebra, calculus, and statistics. Be ready to discuss how these concepts apply to quantitative analysis and derivatives pricing. You might even get asked to solve a problem on the spot, so practice some relevant calculations beforehand!
✨Show Off Your Coding Skills
Since C++ and Python are key for this role, make sure you can demonstrate your coding abilities. Prepare to talk about past projects where you've used these languages, and if possible, bring along examples of your code or even do a live coding exercise during the interview.
✨Understand the Trading Environment
Familiarise yourself with commodities trading and option pricing theory. Being able to discuss current market trends and how they impact trading strategies will show that you're not just technically skilled but also understand the business side of things.
✨Communicate Clearly
You’ll need to engage with non-technical audiences, so practice explaining complex concepts in simple terms. Think about how you would describe your work to someone without a technical background, and be prepared to showcase your communication skills during the interview.
