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Application deadline

21/11

Aarhus, Denmark

Experienced Trader with quantitative skills

Do you get fire in your eyes when trading? Are you always ready for the next win? And do you work with numbers and analysis as your focal point, converting findings into trading strategies? Then you might be the perfect addition for our European Short-Term Trading team!

European Short-Term Trading at Danske Commodities

Danske Commodities (DC) is an energy trading company that specialises in short-term power and gas trading and offers balancing, optimisation and hedging services to energy producers and suppliers. Every day, we complete more than 8500 trades across 39 countries, constantly moving energy from where there is more than needed to where it is needed most. DC is a wholly-owned subsidiary to Norwegian energy company Equinor, operating under its own name and brand.
 

In the European Short-Term Trading (ESTT) team, our primary goal is to create value on the back of quantitative input and develop the team towards a progressively more automated and algo-based system. We want to be ahead of the market, and we believe in letting the machines help us out.

We use our expertise and experience to create power trading strategies that are based on fundamentals and market characteristics. We operate on the short end of the curve, and we always go for the win throughout the European power markets.
 

Passionate trader with solid quantitative skills

The ideal candidate for this role has a minimum of 3-5 years working within trading. We are looking for a profile who gets the fire in the eyes when markets move and new opportunities arise – someone who is always looking for the next profitable trade. You understand the value of analysis and are experienced with quantitative methods to develop trading strategies. And best of all, you get the chance to trade on your own strategies!

You will join a desk with a high team spirit. We have each other’s backs and believe that we achieve the best results as a united team. Together with a strong collaboration and constant knowledge sharing, there is a lot of room for individual strategies and development as we always seek to diversify our market approach.
 

Drive the development and execution of trading strategies

To succeed in this role, you need to be avid about trading. Starting out, you will get a thorough introduction to the team, your tasks and our general trading setup. Shortly after your onboarding, you will start trading. You will develop trading models that you can convert into actual trading strategies, which you will be executing. You will work together with many different stakeholders in DC, including analysts, meteorologists and other quants to develop successful trading models. In time, we expect you to challenge our setup and give input on how to improve our day-to-day activities.

This is a unique opportunity to apply your quantitative skills to create the most profitable trading strategies from scratch

Peter Fritsche, Manager, Head of European Short-Term Trading

We Offer

  • professional and skilled colleagues, who set the bar high
  • great opportunities for individual development
  • flexible working hours
  • numerous social and professional events, incl. sporting events and parties
  • an office in the heart of Aarhus, next to the central train station

Responsibilities

  • create model-based power trading strategies
  • collaborate with our analysts and algorithm teams to develop and enhance our models and strategies
  • understand and communicate the risks in the trading strategies
  • always be updated on the latest developments in the market
  • share information and intelligence with traders and analysts

Qualifications

We expect that you:

  • have a minimum of 3-5 years’ experience from a similar position
  • have strong coding (mainly in Python) skills and mathematical/finance expertise
  • have fundamental knowledge of energy (especially power) trading
  • are experienced working with non-standard power products
  • are fluent in English – both written and verbal

Personal Skills

We expect that you:

  • get the fire in your eyes when trading and see numbers as the focal point for successful strategies – we believe that passion and expertise create the biggest wins
  • are a team player, who values working across teams – and you also have the drive and discipline to work independently on your own areas of responsibility
  • are proactive by nature and have the ability to drive things forward
  • are structured, a logical thinker and mathematically well-grounded – you will work with great amounts of data which require a solid processing and understanding of numbers

JobStart & Type

  • As soon as possible. We will be screening candidates on an ongoing basis.
  • Full-time

Apply for
this job

Please have the following documents ready. It only takes 5 minutes to complete the form.

  • Application
  • CV
  • Exam papers
  • References
  • Picture

GET IN TOUCH

Peter Fritsche Manager, Head of European Short-Term Trading

If you would like to know more about this position, simply click on the button below for contact details.

CONTACT

You're welcome to call, mail, or use the form, to get in contact with

Peter Fritsche

T: +45 8833 8181

E: pfr@danskecommodities.com

THANK YOU FOR CONTACTING US! We will get back to you as soon as possible.

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