Renewable Energy Trading Analyst

Today, companies are constantly urged to drastically reduce their carbon footprint. By trading in a wide variety of renewable energy products, STX enables businesses to achieve this goal. In doing so, we contribute to a more transparent environmental commodities market and, therefore, a greener world. We’re looking for a Renewable Energy Trading Analyst – Guarantees of Origin to join our business and the extremely dynamic market we operate in, and to embark on a journey with us towards a better tomorrow.

ABOUT THE FRONT OFFICE

Turning opportunities into solutions – that’s the specialty of STX’s Front Office. Our team works across various domains, including electricity, renewable gas, carbon offsets, biofuels, and energy efficiency. We engage with clients in different markets and countries on a daily basis, and it’s our job to understand their needs and translate them into effective, efficient solutions. To maintain STX’s position as market leader in the fast-changing environmental commodities field, we are continuously capitalizing on new opportunities and optimizing our offering.

ABOUT THE TEAM

“The Guarantee of Origin Desk is one of the larger in the company. As the GO product is a key tool for both suppliers and corporates to reach their renewable targets – The Trading Analysis team is a relatively new addition to our GO trading desk, established roughly a year ago. We are a small but dedicated team with a passion for trading and the energy sector. We enjoy the challenge of developing out-of-the-box solutions to make sense of the untransparent Guarantee of Origin market. Our team is responsible for understanding and forecasting the variables that drive the European Guarantees of Origin market and its prices by using a variety of analytical tools and methodologies to support the trading team and advise on strategic decisions. Over the past year, we have worked hard to establish a strong analysis foundation in the opaque and challenging GO trading environment and we are proud of what we have accomplished so far. We are excited to continue growing and evolving as a team. We value innovation, collaboration, and diversity, and are looking for talented individuals to join us on this journey.” Mathijs Huls, Team lead – Guarantees of Origin Analysis

ROLE OF A RENEWABLE ENERGY TRADING ANALYST

As a Renewable Energy Trading Analyst on the Guarantees of Origin (GO) desk, you will play a crucial role in the trading analysis team. Your primary responsibility will be to understand, interpret and forecast fundamental variables that impact the European renewable energy market and GO prices. Next to this, you will analyze trade flows and internal transaction data to understand and forecast trading behavior of counterparties. You will work closely with the trading team and use a variety of analysis and forecasting techniques to provide insights and recommendations that support trading strategies and decision-making. Your contribution will help the team identify new trading opportunities, spot market inefficiencies, and ultimately increase revenue for the company.

KEY RESPONSIBILITIES

• Conduct fundamental and technical analysis of the renewable energy market and identify key drivers that impact Guarantees of Origin (GO) supply and demand.
• Develop and maintain GO market models to forecast price trends and trading opportunities.
• Collaborate with the trading and sales team to develop and execute GO trading strategies based on market insights.
• Provide regular market updates with the team to trading and other stakeholders within the company, such as sales and other analysis teams.
• Analyze (unstructured) transaction data and understand liquidity drivers.
• Support ad-hoc impact assessments and analysis related to the GO market and trading strategies.

KEY REQUIREMENTS

• A master’s degree or higher in a related field such as econometrics, or science.
• 1-3 years of relevant experience in a trading or energy sector, preferably with knowledge of renewable power and Guarantees of Origin.
• Strong analytical skills and experience with data analysis and modeling.
• Proficiency in at least one programming language, such as Python or R.
• Understanding of financial and commodity markets, including trading strategies and risk management
• A generally strong interest in a broad range of topics such as geopolitics, economics, and science.
• Strong communication skills and ability to work collaboratively within a team environment.
• Fluent in English
• Living or willing to relocate to Amsterdam.

COMPENSATION AND BENEFITS

• Competitive remuneration package
• Pension scheme contributions
• Strong focus on personal and professional development
• Sport and training opportunities
• Assistance with relocation to the respective office location

GET IN TOUCH

Are you ready to embark on a journey with us? Please submit your application for this job by clicking on the “apply” button. For further questions, please contact the Recruitment department at recruitment@stxgroup.com.

STX Group offers equal employment opportunity. Acquisition based on this vacancy is not appreciated. 

#LI-Hybrid  LI-EC1