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Quant Analyst

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Shell

3mo ago

  • Job
    Full-time
    Senior Level
  • Data
    Banking & Finance
  • London

AI generated summary

  • You need extensive experience in power B2B roles, strong analytical and risk management skills, the ability to seize commercial opportunities, and effective stakeholder communication.
  • You will build and maintain pricing models, hedge strategies, and risk analysis tools, collaborate with teams, automate processes, and ensure compliance with model validation standards.

Requirements

  • - Substantial experience in commercial/quantitative roles, pricing, and modelling in the Power B2B space, with a strong track record of performance.
  • - Be precise and execute flawlessly to maximize value captured.
  • - Prior work with widespread and diverse power asset/trading/B2B portfolio, including optimization, 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.
  • - Prioritization 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.

Responsibilities

  • - Build bespoke pricing models.
  • - Build bespoke shape/exposure hedge models.
  • - Bespoke risk premia modelling.
  • - Deployment and automation of developed models.
  • - Continuous back-testing and parameter calibration.
  • - Profile pricing.
  • - Continuous maintenance of models and updates/improvements such as keeping it in sync with the quant library.
  • - Develop and implement hourly MC simulation / N-Factor model with different peak base spreads and monthly shapes to improve pricings.
  • - Imbalance cost modelling for full supply (esp. with behind the meter solar or battery etc.)
  • - Internal model documentation of mature quant models and making them ready for model validation.
  • - hPFC and Forward curve modelling (bid-mid-offer).
  • - Bespoke modelling of at-risk metrices (scaled VaR, etc.).
  • - Working closely with the Local Pricing / DS team on daily basis to structure optimal deals, while challenging assumptions and suggesting alternative solutions.
  • - Breaking down and defining standard and non-standard offerings and providing valuation for respective buckets.
  • - Identifying and quantifying the market realities, embedded optionality, and risks inherent in the transactions initiated by the Deal Makers.
  • - Be able to contribute to enable high quality, shared understanding of market opportunities, trends, and value potential.
  • - 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 rigor/governance to the delivery structure and where feasible drive towards full automation.

FAQs

What is the primary focus of the Quant Analyst role at Shell?

The primary focus of the Quant Analyst role is to build and maintain power pricing models for Shell Energy Trading and Renewables & Energy Solutions, thereby enhancing commercial activities in the B2B power markets.

Where is this position based?

This position is based in London.

What qualifications are needed for the Quant Analyst role?

The successful candidate should have substantial experience in commercial or quantitative roles, specifically in pricing and modeling within the B2B power space, alongside a strong track record of performance.

What are the key accountabilities of the Quant Analyst?

The key accountabilities include building bespoke pricing and hedge models, continuous maintenance and improvement of models, performing back-testing and parameter calibration, and collaborating closely with local pricing teams.

What kind of experience is preferred for applicants?

Applicants should have prior experience working with a diverse power asset/trading/B2B portfolio across European markets, and a sound understanding of credit, market, and financial risk.

Is teamwork important in this role?

Yes, teamwork is crucial as the role requires interaction with various stakeholders, including Local Pricing and Trading teams, to structure optimal deals and challenge assumptions.

What opportunities are available for professional development?

Shell offers an industry-leading development program that encourages employees to try new roles and experiences, helping them reach their potential.

How does Shell approach inclusivity in the workplace?

Shell is committed to creating an inclusive environment by promoting equality for all employees regardless of gender, ethnicity, and other diverse backgrounds, ensuring that every voice is heard.

Will this position require familiarity with IT solutions?

Yes, the role will involve partnering with IT and Business Excellence teams to implement new IT solutions and enhancements for the B2B business.

What is the expected attitude and mindset for candidates applying for this role?

Candidates should have a proactive approach and a “can do” attitude, demonstrating the ability to understand and act upon commercial opportunities swiftly.

Shell

Energy
Industry
10,001+
Employees
1890
Founded Year

Mission & Purpose

Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.