Gas Trading Analyst

You’ll help Eneco navigate volatility, risk, and opportunity in the evolving gas market. And combine fundamental views with hands-on modelling, and your insights will directly support our traders.

· Proactively explore new trade ideas and collaborate with traders on trading strategy implementation.

· Monitor and analyze the fundamental drivers of the gas supply & demand balance, market news, policies, and weather patterns. Identify their impact on prices and translate this into a price view and sensitivity analysis.

· Develop and improve a fundamental gas balance model and other models (both statistical and fundamental) related to the European gas markets.

· Building and refining tooling for scenario analysis, sensitivities, and visualisation.

· Providing briefings on market related topics to traders and other colleagues within trading.

· Supporting reporting, position monitoring, data sourcing and model deployment within the Trading Desk.

· Help in monitoring and analyzing trading positions and PnL. Assist in the reporting and tooling responsibilities of the Trading Analysis team.

We’re looking for someone who combines deep market knowledge with a practical mindset.

· A Master’s or PhD in a quantitative discipline.

· At least 3 years of experience in gas market analysis in a trading environment, an energy company, a hedge fund or a market research company.

· Familiarity with European gas fundamentals and modelling approaches.

· Solid Python programming skills and experience working with data (SQL, APIs, etc.).

· A pragmatic, hands-on approach and a drive to improve models and processes.

· The ability to stay focused in a fast-moving environment where priorities shift with the market.

· Experience in power, emissions or broader energy markets is also welcome.

• You will have direct impact on trading decisions and strategies and work closely with our traders. This can include both discretionary and systematic trading strategies.
• You will work on topics related to fundamental energy market analysis and modelling.
• You will be involved in other topics to improve the capabilities of the desk, such as automating the trading process, adding new data sources, etc.

You’ll join the Trading Analysis Team within Asset Backed Trading, which is responsible for trading gas, power, and carbon. From day-ahead up to several years forward, using both physical and financial instruments. The team provides the analytical backbone of the desk, covering three areas:

· Fundamental and market analysis

· Quantitative modelling

· Algorithmic strategy support

Your primary focus will be the European gas markets, but you’ll collaborate closely with colleagues covering power and emissions. The environment is international, high-paced, and collaborative — bringing together talent from diverse academic and professional backgrounds.