Quantitative Analyst
We are very excited to be recruiting for this vacancy, which is part of our transformation journey in trading. This newly created role will report to our Head of Quantitative Model Development and play an important role in the development of our analytics framework. It therefore is a very attractive opportunity for a senior profile, who would like to put all their experience and best practices to use and make a significant impact. On the other hand, we are also open to more junior talent, who want to grow with us. This job location is flexible between Olten and Lausanne, Switzerland. Relocation support will be provided.
Your accountabilities
- Develop and implement high-performance algorithms for hydro asset optimization across multiple markets (e.g., day-ahead, intraday, ancillary services), including bidding strategies under uncertainty.
- Integrate forecasting inputs (price, inflows, renewable generation, demand) into stochastic or scenario-based optimization models.
- Back-test and validate models using historical market data and hydrological time.
- Improve scalability and runtime performance of optimization pipelines (e.g., DP, LP/MILP, stochastic programming approaches).
- Support and maintain existing hydro optimization tools and processes, ensuring robustness and transparency for trading desks.
- Support pricing teams in the valuation of hydro assets, structured products, M&A, and tolling agreements across European markets.
- Collaborate with traders and originators to translate market conditions, hydrology, and regulatory constraints into actionable quantitative strategies.
Your profile
- University degree, preferably PhD, in Electrical Engineering, mathematics, physics or similar.
- Expertise in power markets and knowledge of physical assets.
- Experience with (stochastic) optimization methods.
- Financial derivatives knowledge (financial mathematics, term structure models) is a plus.
- Strong development skills (Python, Matlab).
- Good communication skills, ability to influence and work with the front office and other functions across the business.
- Fluent English, additional languages a plus.
- Availability to work onsite in Lausanne or Olten.