Junior Analyst

Business Area Markets / Fundamental Analysis is looking for the right candidate to fill the position of Junior Fundamental Analyst.

We offer you the opportunity to work in a challenging position, in which your analysis will have direct impact on Vattenfall’s core business and our ambition to enable a fossil free living within one generation. As part of a highly professional team, you actively support our trading and asset optimization businesses, and you contribute to decision making on a corporate level.

Business Area Markets maximises the value of Vattenfall’s portfolio by optimising, dispatching, hedging and sourcing for Vattenfall's assets and sales positions. As part of the Fundamental Analysis department, we deliver models and analyses on commodity markets, deals and assets. We provide scenario-based forecasts of power prices and analysis of price drivers to support decision making in the traded market horizon and beyond.

You will work as part of an international team of highly professional, skilled analysts. The team is located in Hamburg and Stockholm.

Main tasks & responsibilities
You will analyse the Nordic power market and the future of the power system in order to understand its implications for Vattenfall’s assets and business. You provide important input for the planning of our assets, development of trading strategies, valuation of power plants, cables and wind assets, as well as ad-hoc analysis for decision support. Our analysis is based on fundamental power forecasting models covering our core markets on the continent and in the Nordics.

Your main tasks as a Junior Fundamental Analyst are:


Active engagement with our stakeholders to understand their specific needs
Support our stakeholders with fundamental power market analysis for decision support. In particular:



-Provide price prognosis and ad-hoc analyses for our stakeholders
-Support our Trading business with fundamental market insights
-Support the Vattenfall Group with long-term market analysis

Operation and development of our Nordic power price models




As part of your continuous development as an analyst, you will also do an assignment in which you will work operationally, supporting the price forecasting shift in Vattenfall’s Nordic dispatch centre, creating the short-term price forecasts to support bidding strategies and dispatch decisions for our power generation units. Depending on business needs and your development path, supporting other operational shifts may also be an option. During this period, it is possible that you will have to work outside normal office hours.
This experience will strengthen your understanding of our business and give you the opportunity to understand how our analyses are used.

Your profile as Fundamental Analyst


Strong communicator when it comes to sharing insights and giving advice to the business
Work well as part of an international team
A curious and analytical mind with the ability to think out of the box, taking own initiative.
Willingness to leave your comfort zone and learn new things
Performance-oriented and customer-focused
Decisive even under high workload



Qualifications / Experience


You hold a mathematical degree (e.g. engineering, mathematics, physics, or equivalent qualifications and experience)
High computer literacy, in particular programming skills (Python, Matlab)
Excellent English language skills, both verbally and written; Swedish language skills are a plus



At Vattenfall, we are convinced that striving for diversity & inclusion helps building a more attractive, efficient, customer centric and profitable company. Therefore, we welcome applications from all individuals regardless of age, religious belief, gender identity & expression, sexual identity, disability and ethnic background. Read more on how we work with diversity and inclusion here

Location Stockholm (Solna)

For more information about the position, you are welcome to contact hiring manager Uwe Vramming +46 72 720 21 73. For questions regarding the process please contact recruiter Peter Blixter +46 72 237 32 02.
Trade union representatives: Lars Erik Näsman (Unionen) and Sven Gunnar Gremlin (Akademikerna). To get in contact with the representatives, please call Vattenfall switchboard +46 8 739 50 00.

We welcome your application, including CV and cover letter via the link below, no later than 31st of January 2021. As we may conduct interviews on an ongoing basis, we encourage you to apply as soon as possible.

About us
Fundamental Analysis is part of the Business Area Markets. Markets maximizes the value of Vattenfall’s portfolio by optimizing and dispatching, hedging and sourcing for Vattenfall's assets and sales positions. We offer power purchase agreements to operators of wind or solar parks, optimize 3rd party batteries and enter origination deals within the B2B segment. We serve as Vattenfall’s single market access to energy commodity markets trading in electricity, emissions, fuels, freight, and renewable certificates. We are responsible for generating profits by taking positions within defined risk mandates and limits. We are active across Europe with more than 560 professionals working from Sweden, Germany, The Netherlands, and Denmark.
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