Senior Fundamental Analyst

Are you looking for the opportunity to work in a challenging position, where your work will have direct impact on Vattenfall’s core business and our ambition to enable a fossil free living within one generation? Business Area Markets / Fundamental Analysis is looking for the right candidate to fill the position of Senior Fundamental Analyst in our office in Hamburg.

The role
As Senior fundamental analyst you will be part of a highly professional and international team of skilled analysts. You provide high quality analyses of our Continental power markets and drive the development of our fundamental price forecasting model landscape. Your work has high impact on the success of our trading and asset optimization businesses, and you contribute to decision making on a corporate level.

About us
Business Area Markets maximises the value of Vattenfall’s portfolio by optimising, dispatching, hedging and sourcing for Vattenfall’s assets and sales positions. As part of the Fundamental Analysis department, we deliver models and analyses on commodity markets, deals and assets. We provide scenario-based forecasts of power prices and analysis of price drivers to support decision making in the traded market horizon and beyond.

Main Tasks & Responsibilities
You will analyse the Central European power markets and the future of the power system in order to understand its implications for Vattenfall’s assets and business. With your work you provide important input for the planning of our assets, development of trading strategies, valuation of power plants, as well as ad-hoc analysis for decision support. Our analysis is based on fundamental power forecasting models covering our core markets on the continent and in the Nordics.
Your main tasks as a Senior Fundamental Analyst are:
Active engagement with our stakeholders in BA Markets and Vattenfall Group to understand their specific needs
Support our stakeholders with fundamental power market analysis for decision support. In particular:

– Provide price prognosis and ad-hoc power market analyses as active decision support
– Close interaction with and support our Trading business with fundamental market insights
– Operation and development of our fundamental power price models
Drive the development of our power model landscape
The job contains programming



Qualifications
You hold a mathematical degree (e.g. engineering, mathematics, physics, or equivalent qualifications and experience) and several years of relevant work experience
You have gained deep understanding of the CWE power markets, preferably even good knowledge of the Nordic market, carbon and fuels markets
Expertise in quantitative methods, power modelling, mathematical optimisation
High computer literacy, in particular programming skills, preferably Python
Excellent English language skills, both verbally and written; German language skills are a plus



To thrive in this role we believe that you are a strong communicator when it comes to sharing insights and giving advice to business. You have good team-work and liaising skills and are decisive even under high workload. Your curious and analytical mind pushes you to think out of the box, take own initiatives and have a willingness to leave the own comfort zone and learn new things. Lastly you are performance-oriented and customer-focused with a ‘can-do’ attitude.


At Vattenfall, we are convinced that striving for diversity & inclusion helps building a more attractive, efficient, customer centric and profitable company. Therefore, we welcome applications from all individuals regardless of age, religious belief, gender identity & expression, sexual identity, disability and ethnic background. Read more on how we work with diversity and inclusion here.


Location: Hamburg, some travel is required occasionally


For more information about the position, you are welcome to contact hiring manager Uwe Vramming +46 727 20 21 73. For questions regarding the process please contact recruiter Emma Nytell +46 730 88 59 10, emma.nytell@vattenfall.com
Trade union representatives are Jens Morell (Unionen) and Sven Gunnar Gremlin (Akademikerna). To get in contact with the representatives, please call Vattenfall switchboard +46 8 739 50 00.


We welcome your application, including CV and cover letter via the link below, no later than 7th of November 2021. Your cover letter should include: What can you contribute with to the role? Why Vattenfall? When would you be available to start the position? As we may conduct interviews on an ongoing basis, we encourage you to apply as soon as possible.


About Us
Fundamental Analysis is part of the Business Area Markets. Markets maximizes the value of Vattenfall’s portfolio by optimizing and dispatching, hedging and sourcing for Vattenfall’s assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimize 3rd party batteries and enter origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in electricity, emissions, fuels, freight, and renewable certificates. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with more than 560 professionals working from Sweden, Germany, The Netherlands, and Denmark.
Öppen för alla
Vi fokuserar på din kompetens, inte dina övriga förutsättningar. Vi är öppna för att anpassa rollen eller arbetsplatsen efter dina behov.