Carbon Trading Analyst

What are you going to do?

You will contribute to the commercial success of Eneco’s trading desk by performing best-in-class carbon fundamental and market analysis and models. Your work will provide actionable insights into the European carbon markets. You will also work closely with the analysts covering other markets, such as power and gas.

You’ll be responsible for

Trading Support & Strategy Development

• Work closely with carbon trader to generate and evaluate trade ideas.
• Provide pre-trade analysis, scenario modelling, and price forecasts.
• Identify opportunities across compliance markets, and in related markets (power, gas, fuels).

Market Intelligence & Policy Analysis

• Monitor and analyze carbon markets (EU ETS, UK ETS, CBAM).
• Stay abreast of regulatory and policy developments (e.g. Fit for 55, MSR).
• Assess the impact of policy changes on market fundamentals and pricing.
• Follow macroeconomic trends and their effect on carbon markets.

Modelling & Analytical Tools

• Develop and maintain trading tools based on fundamentals and/or technical analysis.
• Maintain and improve carbon market models (supply-demand, TNAC/MSR).
• Analyze auction results, emissions data, and market trends. 

What do we ask?

We’re looking for someone who combines deep market knowledge with a practical mindset.

• A Master’s or PhD in a quantitative discipline.
• At least 3 years of experience in carbon market analysis in a trading environment, an energy company, a hedge fund or a market research company
• Familiarity with European EUA/UKA fundamentals and modelling approaches.
• Solid Python programming skills and experience working with data (SQL, APIs, etc.).
• A pragmatic, hands-on approach and a drive to improve models and processes.
• The ability to stay focused in a fast-moving environment where priorities shift with the market.
• Experience in power, gas or broader energy markets is also welcome.

What do we offer?

• Gross annual salary between €86.000 and €128.000. Including FlexBudget, 8% holiday allowance, and depending on your role a bonus or collective profit sharing.
• FlexBudget. Have it paid out, use it to buy extra holiday days or save it up for something nice, it's up to you.
• Personal and professional growth: Eneco is fully committed to help you in your personal and professional development.
• Hybrid working: home, office or abroad. Work 40% at the office, 40% from home, and 20% flexibly. With manager approval, you may work abroad (within approved countries) up to 3 weeks/year, max 2 consecutively.