Internship at the Power Trading Department at Vattenfall Amsterdam
Internship Amsterdam (Government of Amsterdam)
Job description
Internship at the Power Trading Department at Vattenfall Amsterdam
Are you looking for an internship in the energy market? Do you want to work in an international team on complex topics and analyses? Read further for more info, because we have a nice opportunity for you!
Within the Trading department at Vattenfall, the Automated Trading desk will be glad to accommodate an intern for a period of 3 months. You can start on short notice if that fits your schedule.
The Automated Trading desk team consists of 3 highly qualified people.
Your role as Intern Power Trading
As part of the team, the intern will be involved in the full cycle of trading strategy development.
You will be working on:
· The idea of strategy, data preparation, structuring and validation, coding the basic logics.
· Parameters search and optimization.
· Back testing and performance analysis of strategy, including the risk analysis.
· Acceptance testing of the strategy logic and execution logic.
· The implementation of strategy in the real life trading.
· Documenting the strategy description, test results, historical and real life trading performance.
The strategy we are aiming to develop is combi-strategy for the German power market and will combine:
· Basic fundamental analysis.
· Technical indicators.
· Event driven process.
Your profile as Intern Power Trading
Our Intern has a passion for the energy market, is interested in working in energy trading, asset optimization and like to be challenged by complex topics and analyses. You like to work in an ambitious team, like to do sparring but you are also able to work individually. Above all you are willing to learn. We also require:
· Living and studying in the Netherlands.
· Fluent in English and preferably Dutch.
· A relevant quantitative Masters discipline, such as econometrics, mathematics, physics, finance or similar.
· Knowledge of Excel and VBA a must.
· Enthusiastic, willing to work and learn, and been goal oriented.
· Analytical mind set.
Our offer
Andreas Gelfort (Head of Power and Emission Trading):
‘'I am glad to accommodate an intern at my department. Are you a highly motivated student with passion for the energy markets who likes analytical challenges? We can offer you a very dynamic and inspiring working environment with the latest technology and infrastructure where you work with experts in the field of energy trading.'
If you do an internship you will be part of the internship network Voltage. Every month we organize an activity for our interns in the whole company. For example: application training, LinkedIn training, lunches and excursions (for example to the Nuon Solar Team).
There are also monthly sports, cultural and social activities from the MegaWatt network (this is the young employees network in Vattenfall) you can join.
These are all moments to do sparring with each other about your different experiences within the company and hear more about the organization. It's also good for your network!
Vattenfall offers a fixed compensation of 500 euros per month.
Your workspace
Markets is the Business Area where all asset optimisation and trading activities are centralized for the Vattenfall Group. Our activities are multi-site located across Europe with almost 700 professionals working in Sweden, Germany, The Netherlands, Denmark, and Poland. We trade the full range of energy commodities such as electricity, gas, oil, coal, freight, renewable energies and emissions, take responsibility for a diversified sourcing of power, fuels and carbon credits and optimize the running and hedging of Vattenfall's generation assets. These efforts are the basis for maximum profitability and continuous business growth.
Within Markets the Business Unit (BU) Trading is the energy trading hub of the Vattenfall Group and provides all market access service activities to the group, including the sourcing of physical coal, oil and gas. BU Trading also maximizes the value creation in energy commodity markets by employing a specific proprietary trading mandate.
More info
For more information about the internship, please contact Recruiter Joyce van Neden, **********