At a Glance
- Tasks: Monitor market changes and develop risk technology for energy trading.
- Company: Join Octopus Energy, a leader in the energy transition with a unique culture.
- Benefits: Flexible salary, rewarding perks, and a supportive work environment.
- Other info: Dynamic team with opportunities for travel and career growth.
- Why this job: Make a real impact in the energy sector while working with cutting-edge technology.
- Qualifications: Experience in European power markets and strong skills in SQL and Python.
The predicted salary is between 60000 - 80000 £ per year.
The Energy Markets team at Octopus Energy is responsible for making sure that we always have the electricity and gas we need to support our customer demand whilst also supporting the grid to enable the Net Zero transition. We are looking for a Quantitative Developer with electricity market experience to join our Group Risk team. You will play a key role in the support and development of risk and trading technology to help us optimise and automate this important task. Using your market and technical knowledge you will enhance the logic behind our price curve evaluation, develop the trade capture pipeline, reporting and scenario modelling across all regions as we continue to grow quickly. You’ll be given the autonomy to solve problems and shape solutions across our trading and risk platform whilst benefiting from the support of our engineering, forecasting and trading teams. This is an exciting opportunity to take on a role that combines domain knowledge, data analysis and business critical activities.
What you'll do...
- Monitor market changes to ensure our risk pipelines are accurate for each Octopus geography;
- Develop and implement logic for producing accurate forward price curves;
- Work with the trading team to highlight areas of risk that may impact their decisions;
- Work with the Power Purchase Agreement team to ensure we’re using the most appropriate price curves as a basis for contracts with generators;
- Help to globalise the existing platform as we expand our codebase to enhance our view of risk across the wider Octopus Group.
What you'll need...
- Experience and solid commercial understanding of at least one European power market;
- Knowledge of the UK/other European power or gas markets is beneficial but not essential if you are eager to learn;
- Experience with stack modelling and curve simulation would be advantageous;
- Strong aptitude in SQL and Python for analysis and pipeline development;
- Team player excited at the idea of ownership across lots of different projects and tools;
- Open to travelling to Octopus offices across Europe and the US;
- You have a drive to keep up to date with industry standards, best practices, and available market data.
Why else you'll love it here
Octopus Energy is a unique culture. An organisation where people learn, decide, and build quicker. Where people work with autonomy, alongside a wide range of amazing co-owners, on projects that break new ground. We want your hard work to be rewarded with perks you actually care about! We won best company to work for in 2022, on Glassdoor we were voted 50 best places to work in 2022 and our Group CEO, Greg has recorded a podcast about our culture and how we empower our people. We’ve also been placed in the top 10 companies for senior leadership.
Quantitative Developer - Energy Markets in London employer: Octopus Energy Group
At Octopus Energy, we are not just about installing Air Source Heat Pumps; we are on a mission to revolutionise renewable energy. Our Newcastle-based team thrives in a dynamic and inclusive culture that fosters personal growth through extensive training and development opportunities, including access to our state-of-the-art R&D centre. With competitive salaries, generous bonuses, and a commitment to employee well-being, we ensure that every team member feels valued and empowered to make a meaningful impact in the green energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Developer - Energy Markets in London
✨Get Involved with Industry Events
The energy and utilities sector is always buzzing with events, trade shows, and networking opportunities. We should hit up conferences and exhibitions like Energy UK or Utility Week Live—these are prime spots to mingle with industry professionals and even snag some insider info on job openings!
✨Join Energy-focused Online Communities
Let's tap into online platforms and forums like LinkedIn groups or Reddit communities specifically for energy and utilities. Not only can we showcase our knowledge, but we can also stay updated on company announcements or job leads from people already in the know.
✨Consider Industry Certifications
Pushing ahead with certifications like the NEBOSH National Certificate in Occupational Safety and Health (if you’re into safety) can give us a leg up in this competitive field. It not only builds our credibility but also shows employers that we’re serious about our career in energy and utilities.
✨Apply ThroughOctopus Energy Group's Website
Don’t forget to apply directly through Octopus Energy Group's website for the full-time Quantitative Developer - Energy Markets role. Many companies prioritise candidates who show initiative by going straight to the source. Make sure we tailor our application to highlight our passion for the energy sector!
We think you need these skills to ace Quantitative Developer - Energy Markets in London
Some tips for your application 🫡
Show Off Your Energy Knowledge:When crafting your CV and cover letter, make sure you highlight any knowledge or experience related to the energy-utilities sector. Whether it’s coursework, internships, or projects that showcase your understanding of energy management, sustainability, or regulatory frameworks, we want to see that passion and expertise shine through.
Quantify Your Achievements:In our field, numbers speak volumes! Don’t just tell us about your previous roles; quantify your achievements where possible. For instance, mention how you improved energy efficiency by a percentage or contributed to cost savings. This makes your application more compelling and shows us just how impactful you can be.
Tailor Your Cover Letter:Your cover letter is your chance to connect personally with us at Octopus Energy Group. Tailor it to reflect how your values align with our mission in the energy sector. Share why you're excited about this specific role and how you envision contributing to our goals.
Demonstrate Your Team Spirit:Collaboration is key in the energy-utilities industry. In your application, emphasise any team projects or experiences where you worked effectively with others, especially on sustainability initiatives or technical projects. We're looking for someone who can mesh well with our team!
How to prepare for a job interview at Octopus Energy Group
✨Show Your Passion for Renewable Energy
In the energy-utilities sector, it’s vital to demonstrate your enthusiasm for sustainable practices and innovations. Share experiences where you've worked on or studied renewable energy projects, whether that’s through coursework, past internships, or personal initiatives. Let us see how your passion aligns with the ethos of Octopus Energy Group.
✨Brush Up on Industry Regulations
Being familiar with industry standards and regulations is crucial in energy-utilities interviews. Make sure to know the basics of relevant policies and frameworks, like the Energy Act or environmental legislation. This will not only show you’ve done your homework but will also prepare you for potential technical questions about compliance during your interview.
✨Highlight Teamwork and Project Management Skills
Most roles in the energy sector involve collaboration with diverse teams. Be ready to discuss examples where you’ve successfully worked in teams or led projects, especially those involving energy initiatives. This is particularly important for a full-time position, as employers want to see you bring a collaborative spirit to Octopus Energy Group.
✨Prepare for Technical Assessments
Expect some technical questions or even practical assessments during your interview, especially about energy efficiency methodologies or basic engineering principles relevant to the role. It’s a good idea to brush up on key concepts and be prepared to explain them clearly, as this will demonstrate your technical proficiency and readiness to jump into your new role.
