
Financial Risk Developer
5 hours ago
We are looking for a highly skilled Quantitative Risk Developer to join our Risk department at Statkraft.
As a Quantitative Risk Developer, you will create, refine, and calibrate risk models for physical energy assets, option trading, and non-standard long-term renewable energy contracts.
Key Responsibilities:
- Apply advanced statistical techniques and quantitative methods to evaluate energy market price risk;
- Support the calibration of stochastic price models and assist in deploying fundamental-based price models;
- Research and implement novel risk modelling approaches, including classical statistical methods and emerging deep learning techniques;
Requirements:
- Master's degree in a quantitative field (e.g., mathematics, economics, physics, computer science, or engineering);
- At least 3 years of experience in data analysis and developing complex statistical models, ideally with exposure to risk management or quantitative finance;
- A solid understanding of financial risk management principles and financial instruments is an advantage;
- Proficient in Python and familiar with version control system (e.g., Git and Gitlab);
- Knowledge of cloud-based solutions (Azure, Databricks) and data management (SQL warehouses) is a plus;
- Strong interest in the European energy markets and financial market concepts;
- Highly structured, solution-oriented, and able to communicate complex issues clearly;
- Fluent in English, both written and spoken;
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