Quant Analyst

Shell, City of Westminster

Quant Analyst

Salary not available. View on company website.

Shell, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 6 Nov | Get your application in now before you're too late!

Closing date: Closing date not specified

job Ref: 04930d16b6c74c2ba6d9e05b19238c35

Full Job Description

  • Build pricing, modelling, and aid in automating execution across the Gas and Power space (Trading, Business Development and Origination), but with a lens across the entire Life of a Deal
  • Direct key "pre- and post-trade" quant support for the desks for all sort of quant solutions, trading and hedging decision support, analytics, and pricing activities as well as tooling, creating UI/dashboards as business-as-usual (BAU) activities.
  • Build all sort of bespoke quant models and methodologies for the Trading space as well as building blocks of models.
  • Standardize (and if necessary, refactor) them in the Quant Library and make them ready for deployment in available execution engines across SE-EA space as well as Ada++ complex valuation deal engines.
  • Internal model documentation of mature quant models and making them ready for model validation.
  • Build tactical solutions as well as support for the establishment of strategic (target state) solutions for EoD hPFCs as well as intraday curve and PnL positions to optimize real-time power and gas positions and pricing accordingly.
  • Be able to contribute to enable high quality, shared understanding of market opportunities, trends, and value potential.
  • Understand the gas and power deal funnel to appropriately prioritise new opportunities in the gas and power Trading space.
  • Capture and share learnings from both internal and external experiences to Shell to help improve commercial and operational decision making in Shell Energy.
  • Partner with IT, Business Excellence / Commercial Delivery to select and implement (full lifecycle; scope, design, build test & deploy) new IT solutions and enhancements to existing IT solutions in readiness for new value propositions or enter new markets.
  • Bring rigour/governance to the delivery structure and where feasible drive towards full automation.
  • Reporting to the Trading Quant Lead this new position will be responsible for improving analytics and modelling to enhance commercial activities within the SE-EA Gas and Power trading portfolio. This role will focus on modelling pre-and post-trade capabilities, providing innovative solutions which can then be focused on structural solutions. Grow the gas and power business in the mentioned markets and make them a significant contributor to Shell Energy Europe & Africa (SE-EA) P&L The role will form part of the Gas and Power trading and business development network, acting as a focal point for commercial modelling between these teams. The incumbent will understand the end-to-end process flow of a trade lifecycle, and, through deep knowledge of the gas and power markets/business be part of a team to cater to structured, retail, and imbalance products across the Gas and Power spectrum.

  • Significant experience in commercial /quantitative roles, specifically in the Gas and Power market, with a strong track record of performance.
  • Prior work with widespread and diverse Gas and Power asset portfolio, including optimisation, automated operation, function, and trading across all European markets.
  • An external focus, with expert knowledge of the market, and ability to quickly understand commercial opportunity, and its value drivers.
  • A broad and agile, but precise thinker, capable of building trust and credibility
  • This role requires an ability and willingness to quickly understand and act upon commercial opportunities, often under significant time pressure.
  • Proactive approach and mind set to propose and drive improvement and changes.
  • Sound understanding of credit, market and financial risk, and Life of a Deal.
  • Experience and appreciation of purposeful collaboration
  • Prioritisation skills, distinguishing between urgent, important, and essential.
  • A "can do" attitude is a must.
  • Stakeholder management: the role will engage with a large pool of stakeholders, with whom effective communications and relations are essential. These include:
  • + Gas and Power: GM / RTL / Traders + Origination, Business Development + Structuring
  • Written and spoken language skills in following languages as an advantage: Spanish, German, Dutch or Italian
  • If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they do not feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application. Flexible working We are keen to support flexible working arrangements, subject to local regulations and legislative frameworks. If this is of interest to you, please describe in your application the type of flexible working arrangements for which you would like to be considered (e.g., part-time, job share).

    Shell Trading integrates a worldwide trading network with an unsurpassed global portfolio in crude oil, refined products, natural gas, electrical power, and chemicals. It has larger locations in London, Houston, Calgary, Singapore, Dubai, Rotterdam, and Barbados. Shell Trading is one of the world's largest energy traders and is a key segment of the Royal Dutch/Shell portfolio. Shell Energy Europe & Africa (SE-EA) sells and actively trades energy related products and services associated with European natural gas, power, and environmental products. SE-EA was created in 2009 through the combination of Shell's marketing and trading companies in Europe. SE-EA is part of Shell Energy which is the commercial heart of the Integrated Gas Business and aligns all Energy Trading activity throughout the world. Shell Energy Europe & Africa (SE-EA) is part of Shell Trading & Supply organisation with a focus on European gas and power markets, and global emissions market. The European gas and power business is a highly dynamic and challenging environment, which requires SE-EA to continuously find new CVPs for its suppliers and customers to be able to grow its portfolio. This role will be part of European Gas and Power commercial business team located in London. This role would work closely with the Gas and Power Trading, Structuring, and BD Team, to handle physical and financial structured products., Shell is an international energy company that aims to meet the world's growing need for more and cleaner energy solutions in ways that are economically, environmentally, and socially responsible. It is one of the world's largest independent energy companies, operating in more than 70 countries. Shell has a global target to become a net zero emissions energy business by 2050. This means that Shell aims to be net zero on all emissions generated by its operations and the energy needed to power them. The company is working with customers, business, and governments to address emissions across different sectors. In March 2022, Shell UK announced an ambition to invest between £20 to £25 billion in the UK energy system over the next decade, more than 75% of which is intended for low and zero-carbon products and services including offshore wind, hydrogen, and electric mobility. These investments, which are subject to board approval, aim to propel the UK closer to net zero whilst intending to stimulate economic growth and jobs. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK's growing energy demand, whilst using innovative technologies to develop cleaner energy. We are one of the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. An innovative place to work There's never been a more exciting time to work at Shell. Join us and you'll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part. An inclusive place to work To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment - one where you can express your ideas, extend your skills, and reach your potential.
  • We're creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we'll take it from there.
  • We're closing the gender gap - whether that's through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We're striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
  • A rewarding place to work Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice. We're huge advocates for career development. We'll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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