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Quant Analyst

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Shell

Aug 5

  • Job
    Full-time
    Senior (5-8 years)
  • London

AI generated summary

  • You need substantial experience in pricing and modeling within Power B2B, strong market knowledge, risk understanding, and excellent stakeholder management skills. A proactive, agile mindset is essential.
  • You will build and maintain bespoke pricing and risk models, conduct back-testing, collaborate on deal structuring, and partner with IT for solutions, ensuring operational excellence and automation.

Requirements

  • The successful candidate would be required to:
  • 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 main focus of the Quant Analyst role at Shell?

The main focus of the Quant Analyst role is to improve analytics, pricing, and modeling to enhance commercial activities in the B2B power markets, including building and maintaining bespoke pricing models and risk premia modeling.

Where is the Quant Analyst position based?

The Quant Analyst position is based in London.

What kind of experience is required for this role?

Substantial experience in commercial/quantitative roles, pricing, and modeling in the Power B2B space, including a strong track record of performance, is required.

What are some of the key responsibilities of a Quant Analyst?

Key responsibilities include building bespoke pricing models, deploying and automating models, back-testing and parameter calibration, developing hourly MC simulations, and working closely with local pricing teams to structure optimal deals.

How does Shell emphasize inclusion in the workplace?

Shell emphasizes inclusion by promoting a diverse work environment where every voice is heard, ensuring equitable opportunities, and supporting employees with different backgrounds and experiences to thrive.

What kind of skills are essential for a successful Quant Analyst?

Essential skills include a strong understanding of credit, market and financial risk, prioritization skills, stakeholder management, and a proactive approach to identifying and driving improvements.

Are there opportunities for career development within Shell?

Yes, Shell is a strong advocate for career development, encouraging employees to explore new roles and settings to help them reach their potential.

What is the culture like at Shell?

The culture at Shell is collaborative and innovative, focusing on creating an inclusive environment where employees can express ideas, develop skills, and contribute to the company’s goals.

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.