Application deadline


Aarhus, Denmark

Treasury analyst with flair for programming

Are you looking for a job with the opportunity to apply your programming and quantitative skills within a financial domain? And are you motivated by taking responsibility and driving projects forward? Right now, we are looking for a treasury analyst with a flair for programming and a quantitative mindset.

Treasury 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 our own name and brand.

Treasury is part of DC’s Risk Management unit. We act as the in-house bank of DC, and our primary tasks are within liquidity, FX, cash flow and trade finance. On daily basis, we secure funding of our accounts and make sure that we always have the required trading lines with our counterparties in terms of cash deposit or bank guarantees. In addition, we hedge off our FX exposure and conduct short-term as well as long-term cash flow forecasts.

Join a skilled and collaborative team always seeking to optimise and improve

The Treasury team works closely together with Credit Risk as there are several synergies between the two teams, and there can therefore be tasks both within Treasury and Credit Risk. Besides this, we collaborate with the rest of Risk Management as well as our traders and several back office teams, meaning the position has many stakeholders and a broad exposure. In our team, we have an innate focus on being the best at what we do, and we constantly seek to challenge standard practices to make sure we are on top of the newest knowledge.

Thorough introduction leading to faster contribution

Starting out, you will get a thorough introduction to the team, our daily tasks and our important role at DC. Step by step, you will be assigned more areas of responsibility, which will give you a broad understanding of how treasury works at DC. One common factor for your tasks will be to apply your quantitative programming skills. On the longer term, you will play an important role in improving and developing current models and tools, which will strengthen our team and take us to the next level.

The best part of the job is the great collaboration with skilled colleagues. Working side-by-side with some of the brightest minds in the business, you always get supported to do your best.

Helle Fiskbæk, Head of Treasury

We Offer

  • professional and skilled colleagues, who set the bar high
  • great opportunities for individual development
  • flexible working hours, including the opportunity to work from home up to two days a week as per agreement with your direct leader
  • numerous social and professional events, incl. sporting events and parties
  • an office in the heart of Aarhus, next to the central train station


  • optimise and develop models and tools within Treasury and Credit Risk, e.g. the calculation of FX exposure on all products across all commodities or the cashflow forecast
  • trade the FX exposure as per our hedging model
  • take part in the ongoing liquidity management
  • implement credit risk measures such as PFE and CVA


We expect that you:

  • hold a relevant master’s degree in Economics, Finance, Mathematics or similar
  • either newly graduated or with 1-2 years’ experience working within treasury or a quantitative position
  • have an interest in the financial market
  • have programming experience with Python, MATLAB, C#, R, SQL or similar
  • are fluent in English – both written and verbal

Personal Skills

We expect that you:

  • are independent, proactive and thrive on responsibility – you will have your own projects and deliverables that you will be responsible for
  • are solution-oriented – you should always strive to find the best solution to any problem or process
  • take a positive view: no job too big, no job too small – the team covers a wide range of tasks and we always help each other in getting the job done
  • are a team player, who values working across teams – but you also have the drive and discipline to work independently on your own areas of responsibility

JobStart & Type

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

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

  • Application
  • CV
  • Exam papers
  • References
  • Picture


Helle Fiskbæk Andreasen Manager, Head of Treasury

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


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

Helle Fiskbæk Andreasen

T: +45 6018 1257

E: hfa@danskecommodities.com

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


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