Senior Quantitative Analyst

Alpiq AG seeks a Senior Quantitative Analyst in Olten, Switzerland, to develop advanced energy valuation and optimization models. The role supports trading and risk functions with quantitative solutions and offers relocation support.

This newly created position is part of Alpiq AG’s trading transformation, reporting to the Head of Quantitative Model Development. Based in Lausanne or Olten, it provides an opportunity to apply quantitative best practices and contribute meaningfully to the company’s energy trading operations, with relocation support available.

Responsibilities

• Build and refine advanced optimization and valuation models for physical energy assets and structured products.
• Apply and enhance stochastic dynamic programming techniques for optimal dispatch and valuation.
• Adjust models using market and fundamental data to ensure accuracy.
• Produce risk metrics and sensitivities to assist Trading and Risk teams.
• Validate models using historical market and operational data.
• Create stochastic models for power and gas price forecasting.
• Optimize valuation frameworks for better scalability and numerical performance.
• Work with Structuring, Trading, Risk, and other teams to turn market dynamics into quantitative solutions.

Requirements

• A university degree (preferably a PhD) in Mathematics, Physics, Electrical Engineering, or a related quantitative discipline.
• Experience in power and/or gas markets, including knowledge of physical asset behavior.
• Solid expertise in deterministic and stochastic modeling, optimization, and Monte Carlo simulation.
• Understanding of financial derivatives and structured products.
• Proficiency in Python and at least one other programming language (e.g., C#, F#, C++, Java, Scala).
• Excellent communication skills and ability to collaborate with front-office and cross-functional teams.
• Fluency in English.
• Willingness to relocate to Lausanne or Olten, Switzerland.

Nice to have

• Experience with Least Squares Monte Carlo (LSMC).
• Additional languages beyond English.

What the company offers

• Relocation support is provided for the move to Lausanne or Olten, Switzerland.