The Analyst is a mid-senior level position responsible for overseeing the fundamental and analytical needs of the European Power desk. In coordination with the Trading team, the overall objective of this role is to create and maintain a European Power stack model, fundamental data dashboard and assist in providing ideas for market hedging and relative value opportunities.

Responsibilities:

• Build and maintain the data analytics, European power stack and a data visualization hub for the desk

• Assist in recognising relative value market opportunities and hedging strategies through a fundamental approach depending on the needs of the desk

• Create visualization tools for hourly products and assist to price discovery/confirmation of various asset type hourly flexibility products (renewables, clean spark spreads, lignite spreads et al)

• Coordinate with Sales, Research and other organizations across Markets and Securities Services and the broader business to provide updates and views for the European Power market

• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services

• Adhere to all policies and procedures as defined by your role which will be communicated to you

• Obtain and maintain all registrations/licenses which are required for the role, within the appropriate timeframe

Recommended Qualifications:

• At least 3 years experience in a Power fundamental analyst role with deep fundamental knowledge of European markets (mainly CWE, SEE, UK)

• Knowledge of European power stack from a flow based market coupling perspective

• Knowledge of hydro optimisation modelling, nuclear modulation modelling, wind/solar and residual demand modelling

• Able to build from scratch a European power stack (Python/C)

• Create a fundamental central database and dashboard with visualisation

• Interacting daily with traders, situated on trading floor, assisting with discovery of relative value market opportunities (CSS,CLS, cross border, time spreads) and participating in the creation of trading strategies

• Strong coding skills, data analytics knowledge

Education:

• Bachelor’s degree/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation

• Financial soundness

• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Job Family Group:

Institutional Trading

Job Family:

Trading

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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