Job Description
The Senior Analyst leads the fundamental strategy and analytical needs of the European Power desk at Citi, provides power forecasts from day-ahead to long-term horizon up to 10 years. In coordination with the Trading team, the overall objective of this role is to create ideas for market hedging, relative value opportunities and long-term investment decisions.
Responsibilities:
- Lead the build out and maintenance of 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 and propose trading strategies to monetise those fundamental views.
- 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
- Work with the trading desk and strategists to identify and value opportunities on long-term investments in power
- 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 10 years experience in a Power 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
- Experience interacting daily with traders, assisting with discovery of relative value market opportunities (CSS,CLS, cross border, time spreads) and participating in the creation of trading strategies
- Strong data analytics knowledge
Education:
- Masters degree/University degree in Economics or STEM topic
- 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.
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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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