Professional Fundamental Analyst

At Vattenfall we dont just do energy we exist to help our customers power their lives in ever climate smarter ways and free from fossil fuel within one generation. If you are looking for exciting challenges and the opportunity to be part of this change then join our diverse and talented team and make a difference! 

The department team and job 

As part of the Analysis department the Fundamental Analysis team develops models and analyses on power markets deals and assets following an Agile / Scrum process. We provide model-based forecasts of power prices and analysis of price drivers to support decision making in the traded market horizon and beyond. Our analysis is based on fundamental power forecasting models covering our core markets on the continent and in the Nordics. We believe that the decisions we help make enable fossil freedom that drives society forward. 

The position is located in Hamburg as part of an international team of highly professional skilled analysts located in Hamburg and Stockholm. 

What you will do: 

MODELS: Development of our mid-term fundamental power price model. 

• Improve our forecast by adapting our model to evolving electricity markets such as producing better and dynamic assumptions for inputs such as electricity demand stack solar and wind production etc.. 
• Develop new model features according to stakeholder requirements. Examples could be improving the PPA pricing methods or our weather modelling. 
• Improve model architecture to make more efficient use of the cloud infrastructure Improve model architecture to make more efficient use of the cloud infrastructure and optimize code and data integration. 

ANALYSIS: Use the model for simulation runs to answer valuation and ad-hoc questions. 

• Provide market insights to support decision making for RES PPA pricing project valuations (especially wind and battery projects) flex calculations etc. 
• Investigate ad hoc scenarios to estimate their market price impact and the consequential impact on for example the Vattenfall asset portfolio. 
• Enable profitable trading strategies through providing fundamental analyses. 

Qualifications :

We are looking for someone with:  

• Ambition and the belief that collaboration in an Agile/Scrum environment yields high performing teams and willingness to work through and harness the potential conflict that can arise. Experience working in an Agile / Scrum environment is ideal. 
• The belief that working in an environment enabled by our core values of being Active Open Positive and Safe helps us enable fossil freedom that will drive society forward. 
• High computer literacy in particular programming skills in Python. An eagerness to constantly improve your own and our drive collective coding and infrastructural standards. Experience collaborating using git/DevOps is appreciated. Preferably with experience with cloud (Azure) computing and databases. 
• A sound understanding of Central and Western European (especially Dutch and German) energy markets is advantageous and a strong willingness to learn more about it is imperative.  
• An understanding of quantitative methods power modelling and/or mathematical optimization especially using Gurobi is beneficial. Experience doing fundamental analysis using an energy market simulation tool such as BID3 is ideal. 
• High computer literacy in particular programming skills in Python. Experience collaborating using git/DevOps is appreciated. Preferably some experience with cloud (Azure) computing and databases. 
• An academic degree in engineering mathematics or similar would be preferred. Ideally with courses in energy systems modelling. 
• Fluency in English.  
• Willingness to travel a few times per year for example to Sweden for a team event or for a training. 

Additional Information :

We offer: 

• A welcoming work climate with flat hierarchies appreciation for own initiative open discussion culture and zero-tolerance for harassment.  
• An international and multi-cultural work environment where we believe diverse perspectives make us stronger.  
• A dynamic and challenging working environment where constantly changing markets translate to evolving customer requirements. 
• Being part of the Analysis community where we eagerly share knowledge and ideas regarding a wide range analytical topics relevant to the electricity market such as how to implement FBMC in the midterm and how to employ AI to be more effective. 
• A flexible and supportive work culture in an Agile setting without micro-management where you as a team are trusted to be the specialists on how to do your work. 
• Opportunities and support for professional growth. For example the encouragement to do internal rotations to broaden your horizon. 
• Flexible working hours including working remotely up to half of the time per week. 

More information 
We welcome your application in English no later than 27th of July 2025. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website. 

For more information about the recruitment process you are welcome to contact our Recruiter Jil Ungethm via phone at.

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender ethnicity age transgender identity or expression religion or other belief disability or sexual orientation.

The security of Vattenfall and its employees is essential. For that reason a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party called DISA. In addition a certificate of good conduct (i.e. criminal record certificate) is required for certain positions.
 

We look forward to receiving your application! 

Remote Work :

No

Employment Type :

Full-time