Quantitative Risk Analyst (f/​m/​d)

  • E.ON Energy Markets GmbH
  • Hybrid, Permanent contract
  • Full or part time
Quantitative Risk Analyst (f/m/d)

E.ON Energy Markets GmbH

E.ON Energy Markets GmbH (EEM) is a subsidiary of the E.ON Group based in Essen. Our main purpose is to coordinate access to trading markets for our regional business units, to bundle the associated chances and risks plus to provide innovative services. Our core competencies include portfolio strategies, risk management and data processing. With activities in various European countries, we shape the future of energy.

At E.ON diversity matters. We welcome all people and are convinced that differences make us stronger. Become part of our inclusive and diverse company culture! To create equal opportunities for everyone we offer our positions in full or part-time.

Ready to become a Playmaker of the energy transition? Join our team in Essen and apply online as Quantitative Risk Analyst (f/m/d). Are you brave enough to drive progress and forge new paths? Let’s make it work and create real impact together. We can’t wait to meet you! It’s on us, to make new energy work.

Quantitative Risk Analyst (f/m/d)

Location: Essen, North Rhine-Westphalia, Germany
Applications can only be submitted online via our portal. Please understand that we cannot consider applications that reach us by e-mail.

Job description

Responsibilities

  • Work in a highly experienced, collaborative, international, fun team that sits at the heart of E.ON’s new energy trading and procurement unit.
  • Help shape the quantitative risk management function for a fast-growing trading portfolio spanning power, gas, options,, complex financial and physical derivatives, and structured customer business.
  • Take end-to-end ownership of models: from idea and research, through prototype, to robust, cloud-native production implementation.
  • Develop, maintain, and enhance quantitative risk and pricing models for market, credit, and liquidity risk, including simulation and valuation tools for complex energy portfolios.
  • Design and run Monte Carlo and scenario simulations (e.g. for P&L, exposure, stress and what-if analyses) to support decision-making on transaction, portfolio, and business level.
  • Implement models and analytics in Python as part of a modern cloud-native stack (e.g. Azure, containerized services, Snowflake-based data platform), following clean code and DevOps practices (Git, CI/CD, testing).
  • Use and further develop data-driven and ML-inspired approaches (e.g. time series models, tree-based models, regularization, feature engineering) where they add value to risk management and pricing.
  • Closely collaborate with Trading, Market and Credit Risk, Finance and Tech in agile projects to solve real business problems and deliver tangible value.
  • Translate complex quantitative concepts into clear, actionable messages for senior, non-technical, and executive stakeholders and continuously explore new methods and research in risk modelling, quantitative finance and data science – and bring the most useful ideas into our production landscape.
  • Mentor juniors, working students and interns, helping them grow their quantitative, coding and business skills.

What you bring

  • A Master’s or PhD in a quantitative field (Mathematics, Physics, Statistics, Financial Mathematics, Computer Science, Engineering or similar).
  • 3+ years of experience in quantitative risk modelling, valuation, or pricing – energy trading experience is a strong plus, but we’re also open to candidates from other asset classes with genuine interest in power & gas.
  • Strong Python skills and experience with the scientific stack (NumPy, pandas, SciPy, scikit-learn or similar). You write clean, production-grade code, not just notebooks.
  • Solid understanding of stochastic processes, Monte Carlo simulation, and time series analysis; familiarity with derivative pricing, valuation and risk metrics (e.g. VaR, ES, sensitivities) is highly welcome.
  • Practical exposure to data-driven / ML techniques for forecasting, scenario generation or model calibration is a plus.
  • Experience working with databases and cloud / data platforms (SQL, Snowflake, Azure, or similar) is a plus.
  • Excellent analytical and problem-solving skills, with a pragmatic mindset and strong attention to detail.
  • A self-starter, hands-on mindset: you enjoy taking ownership, working in cross-functional teams and driving topics from idea to implementation in a dynamic environment.
  • Willingness to work collaboratively: Pair coding, Code reviews
  • Very good communication skills in English (German and Italian are a plus) and the ability to explain complex topics to non-quants.

To keep you motivated and healthy we are offering you the following benefits:

  • Flexibility: hybrid work model, flexible working times, sabbatical or additional vacation opportunities allowing great work-life balance
  • Working from abroad: up to 20 days in the European economic area
  • Flat hierarchies: interdisciplinary and very cooperative working style providing room for own ideas
  • Modern work environment: workplace according to digital and ergonomic standards
  • Personal growth: life-long independent learning making use of a broad range of opportunities working with the newest technology and state of the art trainings
  • Family service support: services in the areas of childcare, holiday care, nursing support or everyday assistance
  • Nutrition & Health: wide selection of fresh meals and drinks in our subsidized bistro and canteen as well as various health offers (e.g. physiotherapy, flu vaccinations, mental health)
  • Corporate Benefits: employee share program, pension scheme, employee discounts, special insurances (and much more)
  • A central location: very good public transport connection, free parking and charging points for e-vehicles
  • Individual mobility: private car and bicycle leasing

Inclusion

It is important to us that people with disabilities have access to a fair application process, providing them with an opportunity to shine. Therefore, our representative body for severely disabled people will be included in the process from an early stage. Please let us know via the application form if you require technical or organisational adjustments during the application process. We will strive to make the required aids available.

Should you not be able to apply online and want to speak someone in person, please contact your local recruiter.

What else you should know:

Type of contract:Permanent contract
Employment type:Full or part time
Work Model:Hybrid
Company:E.ON Energy Markets GmbH
Job number:241493

As long as the position is advertised on our careers page, we are looking for suitable candidates (f/m/d). We look forward to receiving your application!

Rightly seen: We are a top employer!

The employer review platform kununu shows that E.ON is an attractive employer. We are proud of this! See for yourself and find out what our employees appreciate about E.ON as an employer—and apply today!

Kununu Bewertung

Any questions?

For further information please contact Linda Sloboda. Are you already convinced that this is the next step in your career? If yes, we would be happy to receive your online application. Please only use our official application portal to apply. Unfortunately, we cannot consider applications sent via email. We really appreciate your understanding!

As long as the position is advertised on our careers page, we are looking for suitable candidates (f/m/d). We look forward to receiving your application!

Application process

Depending on the company and position, the process may vary. So we are providing you with an exemplary overview of the possible steps involved. Your recruiter can help you with any additional questions you may have.

  • Online application

    Your online application is the first step of the application process. All jobs are advertised in our career portal. Create an application profile – it will only take about two minutes and can open the door for you to jobs in all E.ON Group companies worldwide. All applications for advertised jobs at E.ON must be made online.

  • Interview

    In the interview, we get to know each other better. Tell us about yourself and ask us anything that is on your mind: about the position, the team or generally about E.ON as an employer. The interview will take place either in person or online. We look forward to meeting you.

  • Contract and onboarding

    Welcome to the team! We want to make sure that you'll find your way around the company quickly. During your onboarding you’ll learn everything you need to know about E.ON and your new work environment.

We value and foster diversity

Society is diverse – just like our workforce. We’ve proved that fresh ideas and perspectives always emerge when an exciting blend of different people work together. That's why we work hard to become a diversity pioneer.


In 2008, we signed the German Diversity Charter. We are also a member of numerous national and international networks and initiatives that deal with various aspects of diversity.


And we also promote an inclusive culture internally. To name just two examples: In Germany, we run a mentoring programme to prepare female employees for leadership positions. We also launched the CEO Awards for Diversity & Inclusion in 2018. The awards support people and activities at E.ON who are committed to diversity and inclusion.

Behind the scenes

At E.ON we are convinced that good energy connects. Get to know the people at E.ON, find out what we stand for and what topics you can work on with us.

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Kununu

We have already received several awards for our commitment as an employer - including in the areas of women and family friendliness and as a "Top Company" from the employer rating platform kununu.

Hybrid Working

For the most part, we have a hybrid working model in place where we work partly in the office and partly from home, depending on the task. This supports your work-life balance and protects the environment. We value personal exchange just as much as digital opportunities for collaboration, and we’ll provide you with the equipment and digital tools you need to do your job well. Please contact your recruiter to learn more about the working options of your desired position.

E.ON is one of Europe's largest operators of energy networks and infrastructure and a provider of innovative energy solutions for around 48 million customers. Around 74,000 employees are constantly working to digitize the energy world, achieve net zero and connect everyone to good energy. To achieve this, we are focusing our actions on sustainability, digitalization, and growth. We strongly believe that differences make us stronger and welcome all people into our inclusive and diverse culture.

Together into a green energy future

What makes E.ON stand out as an employer

  • Sense of purpose

    Together we pave the way for the green energy transition in Europe and enable society and our customers to become C02-neutral.

    Together we pave the way for the green energy transition in Europe and enable society and our customers to become C02-neutral.

  • Sustainability

    We make energy cleaner and smarter, giving our customers access to a sustainable supply of electricity and heat.

    We make energy cleaner and smarter, giving our customers access to a sustainable supply of electricity and heat.

  • Winning culture

    We promote an inclusive culture where everyone feels valued and where everyone can reach their full potential and make a meaningful contribution to E.ON's success.

    We promote an inclusive culture where everyone feels valued and where everyone can reach their full potential and make a meaningful contribution to E.ON's success.

  • Recognition

    We value the contribution of each individual. We recognise individual achievements and reward the successes we deliver as a team.

    We value the contribution of each individual. We recognise individual achievements and reward the successes we deliver as a team.

  • Work Life Balance

    Family or career? It doesn’t have to be either/or. Whether flexitime, part-time or hybrid working: At E.ON, you will find the right model for every life situation.

    Family or career? It doesn’t have to be either/or. Whether flexitime, part-time or hybrid working: At E.ON, you will find the right model for every life situation.

  • Health

    Benefit from our wide range of health and well-being offers and take advantage of preventative activities.

    Benefit from our wide range of health and well-being offers and take advantage of preventative activities.

  • Network

    Joining E.ON opens the door to countless opportunities – regionally and internationally.

    Joining E.ON opens the door to countless opportunities – regionally and internationally.

  • Development

    Whether you're looking for a specialist or management career, our individual training programmes will help you develop both professionally and personally.

    Whether you're looking for a specialist or management career, our individual training programmes will help you develop both professionally and personally.

  • Onboarding

    We’ll help you learn everything you need to know about E.ON and your new working environment – making your start at E.ON easy.

    We’ll help you learn everything you need to know about E.ON and your new working environment – making your start at E.ON easy.