Strategic Portfolio Analytics

Location
Arenastaden
Application Deadline
2019-01-04
Ref.-Nr.
FR-00066
Contract Type
Permanent

Are you the analyst we are looking for that is able to translate quantitative portfolio insights into strategic advice to senior management?
 
Vattenfall’s purpose is to become fossil free within one generation. Our world urgently needs to find alternative ways of powering and heating its businesses, cities and homes more cleanly. Change has to happen, and fast. At Vattenfall, we believe that the solution is energy that is 100% free from fossil fuel and that powers all aspects of customer’s lives, including heating, transportation and manufacturing.
 
As a proudly progressive and open organisation, Vattenfall is committed to continually accelerating and powering this transition to further electrification and renewable energy. Making it a reality is a significant challenge: there are economic, social and technological issues to be resolved. But we believe that by positively working together with customers and organisations beyond our own, we can make fossil free energy a reality sooner.
 
Within Vattenfall, Corporate Risk Management is tasked with holistic risk management duties on the enterprise level. The team Strategic Risk is part of Corporate Risk Management, and is responsible for identifying and assessing fundamental and long-term wholesale price risks, their impact on the energy market and the strategic implications for Vattenfall. Statistical analyses, modelling, a deep knowledge of the fundamentals of the power market as well as of Vattenfall’s asset portfolio form the basis of the work, which comprises ad-hoc strategic analyses on senior management’s request, calculation of the fair value of the Vattenfall production assets, reporting of the long-term risk exposure of Vattenfall, independent review of Vattenfall’s proprietary Long-Term Market Outlook, as well as examinations of the asset valuation methods and dispatch models that are used for investment/divestment decisions.
 
Main Tasks & Responsibilities
As a Quantitative Analyst in the Strategic Risk team, you will partly be working on the model development and analysis of the inhouse-built valuation model for the entire production asset portfolio of Vattenfall. This is used both for the valuation of the Group asset portfolio as well as for ad-hoc requests by senior management to support strategic decision-making. Moreover, you will be involved in big investment projects (>10 million EUR) – of which the valuation is based on complex models and methodologies – through close cooperation with valuation analysts and through contributing to the independent review of the project. Finally, you will also be contributing to the independent review duties with respect to the Long-Term Market Outlook (for e.g. power, gas, coal, CO2, etc) that forms the basis for investment valuations and the Group’s strategic positioning.
 
The complete list of tasks and responsibilities:
  • Development and back-testing of valuation methodologies for the major asset categories (Wind, Solar, Batteries, Pump Storage, Swedish Hydro, Nuclear, Condensing plants, District Heating Clusters, etc.) into Risk’s portfolio model
  • Review of quantitative models/methods used for investment/divestment valuations. Close collaboration with Transaction Analysis (Risk) and the business is required
  • Contribute to the independent review duties with respect to the Long-Term Market Outlook
  • Calculation of the Fair Value of the Group asset portfolio
  • Carry out ad-hoc strategic analyses for senior management
  • Evaluate and report the long-term Group exposure
  • Build a strong network of contacts throughout the organisation

We are looking for/ Qualifications:
  • Academic degree with quantitative focus, e.g. in physics, mathematics, econometrics, or equivalent qualifications and experience. A combined degree with both quantitative and financial modules is meritorious.
  • 0-3 years of relevant working experience
  • Experience with modelling. Proficient with VBA and (a pre) Matlab or Python
  • Knowledge of- or affinity for the Continental and Nordic power market, global energy economics, fundamental and power plant dispatch modelling
  • Knowledge of- or affinity for financial analysis
  • A curious and analytical mind with the ability to think out of the box, take own initiatives, find creative and pragmatic solutions to complex issues, and willingness to leave his/her comfort zone and learn new things
  • Ability and willingness to constructively challenge business functions when necessary
  • Performance-oriented and willing to travel (mostly to Amsterdam, Berlin, Hamburg)
  • Good team-work and liaising skills, strong communication skills
  • Command of English is strong, both verbally and written; Dutch, German or Swedish language skills are meritorious.
 
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.
 
Location: Arenastaden, Solna.
 
We welcome your application in English, including CV and cover letter via the link below, no later than January 4, 2019.
 
Since Vattenfall is part of the Swedish critical infrastructure are many of our positions security classed. If this position is security classed the final candidates can be subject to a security vetting process, according to the Swedish legislation
 
For more information about the position you are welcome to contact hiring manager Salar Khorsand, +31 627 02 44 99. For more information about the recruitment process you are welcome to contact Recruiter Ann Nilsson, +46 727 08 57 55.
 
Trade union representatives in Sweden Michelle von Gyllenpalm & Leif Sjöberg (Akademikerna), Anders Bohlin (Unionen), Christer Gustafsson (Ledarna), Juha Siipilehto (SEKO). To get in contact with the representatives, please call Vattenfall´s switchboard +46 8 739 50 00.
 

Last updated: 2018-11-22 18:45