Quantitative Analyst for Risk Analysis Team Quantitative Analyst for Risk Analysis Team …

Are you passionate about working with models and calculating business risk? Do you see yourself working in a team of dedicated specialists? Then you might be our new quantitative analyst!

Risk analysis 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 5750 trades across 39 countries, constantly moving energy from where there is more than needed to where it is needed most. Backed by an energy major, we are a wholly-owned subsidiary to Norwegian energy company Equinor, operating under our own name and brand.
 

The Risk Management unit at DC covers three overall areas; Market Risk Management, Risk Analysis and Treasury & Credit Risk – all working closely together, benefitting from each area of expertise. In Risk Analysis, we provide the necessary foundation for Risk Management to obtain complete Risk Control of the trading activity in the organisation. We calculate risk measures critical to the organisation for all business activities. The figures are included in daily risk management and reporting and furthermore form the basis for capital and risk allocation. We also continuously expand the in-house framework for performing quick and agile risk assessments of new potential business cases.
 

Join a team of dedicated specialists

As our new quantitative risk analyst, you will work alongside dedicated specialists, who co-operate with the rest of Risk Management to constantly support the organisation by managing and building models that calculate our business risks. Our mindset is that no task is impossible, and we encourage a culture in which the status quo and existing solutions are constantly challenged. You will join a place of work, where a proactive approach is required and great responsibility is given.
 

Become part of enhancing risk analysis in DC’s global journey

Starting out, you will get a thorough introduction to the team, your tasks, and our key stakeholders. The focus will be to familiarise you with the business areas we cover, and the approach taken to evaluate the risk within. This will be done by getting to know our in-house model library that contains all functionality and models used for calculating market valuations and risk. On the longer term, you will play a significant role in enhancing – and expanding – the functionality available for the team to keep up with the growing and evolving global business.
 

Your skills will be put to use straight away – in this position, you and your skilled colleagues have the freedom and responsibility to define and implement the models you find best for the problem at hand. - Mikkel Graversen, Manager, Head of Risk Analysis, Risk Management
 

YOUR RESPONSIBILITIES

• develop risk measure and valuation models, including:
• data analysis
• business analysis
• model analysis and development
• perform ad-hoc analyses to support business cases and risk management framework
• develop quantitative analyses, e.g. fundamental analyses, optimisation problems and investigate new trading strategies
• develop and maintain the team’s quantitative model library

QUALIFICATIONS

We expect that you:

• have a relevant master’s or PhD degree within Mathematics, Economy, Finance or similar
• have programming experience in Python, R, .NET, SQL or similar
• are fluent in English – both written and verbal

PERSONAL SKILLS

We expect that you:

• thrive in an international and dynamic environment, and approach any problem with a solution-oriented mindset
• are energetic and not afraid of taking responsibility. In the team, we wish to drive things forward and challenge the status quo when needed
• are independent and proactive, as you will cooperate with colleagues and stakeholders across the organisation
   

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

JOBSTART & TYPE

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