Python Job: Quantitative Analyst

Strategy Economics Business

GENEVE-WTC1(CHE)

Switzerland

About us:

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such, it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution.

Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context, TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

We are offering a unique opportunity for a junior quant with excellent programming skills and knowledge of the power industry to join our Quantitative & Trading Analysis team based in Geneva. You will mainly be working on Power to support the growth of this business and by such you will be exposed to some high stake issues including Long Term Power activity.

What you will do:

You will be part of the Quantitative & Trading Analysis team (Q&TA) and will report to the Head of Quantitative & Trading Analysis.
You will perform your job on the trading floor, with regular contacts with Houston and Singapore based teams and with Paris headquarter.

The Q&TA team aims at providing a better understanding of the markets traded by TotalEnergies Gas and Power (gas, LNG, power, emissions, dry products and NGL) in terms of prices and fundamentals, finding ways to model and forecast their dynamics and dealing with complex issues requiring a quantitative approach (pricing, hedging and simulations of complex products, transactions or assets).
In a context of great autonomy, the Q&TA team contributes interpretation, advisory and support to all TGP trading desks and to senior management - including COMEX members - and helps them define trading strategies and take investment decisions.

What you will do:

• Maintain and expand the coverage and features of the internal TGP pricing library (C# /.NET)
• Understand the instruments that need to be priced taking into account the specificities of physical underlying; provide reliable and auditable valuations as well as risk analysis and associated hedging strategy
• Specify and implement pricing modules for the trading floor and the trading system development team
• Perform ad-hoc statistical analysis for various calibration or hedging related needs and requests
• Specify, design & implement mathematical models to handle pricing issues/risk assessment in the light of new advances in financial mathematics; test and validate external models
• Maintain and develop an understanding of the price and volatility dynamics of the markets traded by TGP
• Manage IT-related questions (deployment, QA) directly with IT and Trading Systems team (C# / Python / AWS / TFS)
• Develop ad-hoc simulation and optimisation routines on request
• Work in association with the market analysts within the Q&TA team to develop models including supply-demand equilibrium models and/or price-determination models
• Develop and maintain an understanding of the trading desks business model and stay up to date regarding their positions. Contribute to suggest and implement new trading strategies together with traders
• Ensure support to other GRP teams on quant-related issues that may arise on their regular activity

Accountabilities:

• Enhances TGP ability to properly understand, model and manage the risks arising from complex strategies and contracts that need quantitative analysis
• Guarantees the relevance, accuracy and integrity of the models in their design, implementation and output
• Reply promptly and reactively on short-term projects from traders, middle-office and management
• Ensures long-term innovation & alignment between team capabilities and business needs
• Supply support to the team on any topics involving quantitative analysis

• You are graduated from a Master or PhD’s level in a mathematical subject
• You have a minimum of 1 year of experience with a quantitative analysis component, ideally on a trading floor.
• Knowledge of energy markets is preferable. Knowledge of power markets dynamics is a strong advantage
• You have extensive knowledge of quantitative finance, operational research and economic modelling
• Programming skills are essential (C#, Python, R, SQL) as are strong interest and skills in optimisation. Knowledge or experience with machine learning or more generally data science is a plus
• You are able to work autonomously as well as part as a team.
• You demonstrate objectivity and you are always resourceful when solving a problem is required and when there is a need to adapt quickly
• You have an innovative mind and your sense of organisation enables you to strive is a fast-paced environment
• You should be able to explain complex issues and present them in a clear and neat manner.
• You are fluent in English – knowledge of French is an advantage.

At TotalEnergies, we believe that our employees’ fulfilment has its roots in the wealth of the experiences they are offered. We are an equal opportunity employer committed to respecting diversity and inclusion in the workplace.
Applicants will receive consideration for employment without regard for race, color, gender, religion, national origin, disability, military status, age, marital status, sexual orientation, gender identity, genetic information or any other protected group status.

54459BR

Business Development, Strategy Economics

Regular position

Less than 3 years

TotalEnergies Gas & Power Ltd

Gas Renewables And Power

CHF

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.