Algorithmic Flex Trader (w/m/d)
As an Algorithmic Flex Trader, you will become part of Next Kraftwerke’s quant trading team. The team combines deep market knowledge with quantitative methods to programmatically trade power in ten European countries.
We are the interface between exchanges and our Virtual Power Plant that connects over 10,000 MW of renewable energy and flexible assets. Our tasks involve proprietary trading, balancing of renewables and optimal trading of flexibilities. In a highly dynamic environment, we work together to continuously improve our price forecasts and algorithms since we have to make and execute thousands of trading decisions every day – automatically.
As an Algorithmic Flex Trader, you will specialize in optimizing flexible assets across all markets and extracting the assets’ value through active algorithmic trading. Moreover, you will liaise with various interfaces like our internal software developer team or business development to further build out Next Kraftwerke’s flexibility trading platform. This is a unique opportunity to shape how Next Kraftwerke maximizes flexibility values across European markets.
Our team works with agile methods, a lot of creativity and we enjoy collaborating. We love to talk about strategies and methods and look forward to you bringing your ideas and initiatives to the table and to reality. We expect you to be able to work independently, communicate openly and not only formulate your ideas but to own, test, and implement them. Whether full-time or part-time – let us know how we match up on this point.
This is what you like
- You are curious and wish to understand things in detail.
- You love to tinker, work iteratively, and get things done with fast feedback.
- You strive for clarity in concepts and code.
- You want to win, preferably in a team.
These are your qualifications and skills
- MS or PhD in operations research, maths, economics, natural or computer sciences or similar.
- 2+ years’ experience in flex optimization in short term energy markets.
- You are highly motivated and passionate about maximizing value from flexibility with strong commercial drive.
- Advanced programming proficiency in R or Python and experience working with optimization software packages.
- You speak English fluently, German is an advantage. You have excellent communication skills and the ability to articulate your ideas to colleagues and clients.
Das bieten wir Dir zusätzlich zu einem spannenden Job
That is what our colleagues say
"As quant traders, we try to find the most profitable trading strategies under different market conditions and trade them automatically. In doing so, we use scientific methods, data science, fundamental correlations as well as playful creativity. Within the team, we attach great importance to an open exchange of content as well as mutual support and cooperation. Trading in such a dynamic environment as the electricity market makes my work very exciting. New market situations arise again and again.”
Kai, Quant Trader at Next Kraftwerke
What’s in it for you?
We offer you a friendly team in which you have much room to contribute your ideas, as well as a challenging and varied job with a high level of personal responsibility. Join us in shaping the energy transition in Europe. If this job description suits you, please send us a detailed application with your salary requirements and your earliest possible starting date via the link below.
Of course, we guarantee discretion and the scrupulous observance of blocking notes.