Quantitative Analyst

Alpiq AG seeks a Senior Quantitative Analyst to support its trading transformation, focusing on hydro asset optimization across European markets. The role, based in Lausanne or Olten, Switzerland, involves developing algorithms, integrating forecasts, and collaborating with trading teams.

This newly created position is part of Alpiq AG’s strategic transformation in trading. While targeted at a senior profile, it is also open to talented individuals with less experience. The role offers flexibility between Lausanne and Olten, with relocation support provided.

Responsibilities

• Design and deploy high-performance algorithms for optimizing hydro assets in multiple markets, including bidding under uncertain conditions.
• Incorporate forecasting data such as prices, inflows, renewable generation, and demand into stochastic or scenario-based optimization models.
• Test and validate models using historical market and hydrological data.
• Enhance the scalability and speed of optimization pipelines, including dynamic programming, linear programming, and stochastic programming methods.
• Maintain and support existing hydro optimization tools to ensure reliability and clarity for trading teams.
• Assist pricing teams in evaluating hydro assets, structured products, M&A deals, and tolling agreements across European markets.
• Work with traders and originators to convert market, hydrological, and regulatory insights into quantitative trading strategies.

Requirements

• A university degree, ideally a PhD, in Electrical Engineering, mathematics, physics, or a related field.
• In-depth understanding of power markets and physical energy assets.
• Proven experience with stochastic or deterministic optimization techniques.
• Strong programming abilities in Python and Matlab.
• Effective communication skills with the ability to collaborate and influence front-office teams and other business functions.
• Fluency in English.
• Willingness to work onsite in either Lausanne or Olten, Switzerland.

Nice to have

• Knowledge of financial derivatives, including financial mathematics and term structure models.
• Proficiency in additional languages beyond English.