Alpiq

Senior BESS Quantitative Analyst

Alpiq  •  Olten, CH (Onsite)  •  14 days ago
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Job Description

We are very excited to be recruiting for this vacancy, which is part of our transformation journey in trading. This newly created role will report to our Head of Quantitative Model Development and play an important role in the development of our analytics framework. It therefore is a very attractive opportunity for a senior profile, who would like to put all their experience and best practices to use and make a significant impact. On the other hand, we are also open to more junior talent, who want to grow with us. This job location is flexible between Olten and Lausanne, Switzerland. Relocation support will be provided.

Your accountabilities

  • Develop and implement high-performance algorithms for multi-market co-optimization (e.g., day-ahead, intraday, ancillary services) and bidding strategies of batteries.
  • Model battery degradation, efficiency losses, and operational constraints.
  • Integrate forecasting inputs (price, load, renewable generation) into decision frameworks.
  • Back-test and validate models using historical market and operational data.
  • Improve scalability and runtime performance of optimization pipelines.
  • Support and maintenance of existing tools and processes.
  • Support pricing team for valuation of M&A and Tolling deals across different European markets.
  • Collaborate with traders, originators to translate market insights and regulations into quantitative strategies.


Your profile

  • University degree, preferably PhD, in Electrical Engineering, mathematics, physics or similar.
  • 5+ years of experience in power/gas markets and knowledge of physical assets.
  • Experience with (stochastic) optimization methods.
  • Financial theory knowledge (financial mathematics, term structure models, stochastic processes) is a plus.
  • Strong development skills (Python, Matlab, F#, or similar).
  • Good communication skills, ability to influence and work with the front office and other functions across the business.
  • Fluent English, additional languages (German and/or French) is a plus.
  • Availability to work onsite in Lausanne or Olten.
Alpiq

About Alpiq

Alpiq is a leading Swiss electricity producer and energy service provider and is active throughout Europe. We offer our customers comprehensive and efficient services in the fields of energy generation, marketing and energy optimisation.

At Alpiq, business is always conducted based on our purpose “together for a better climate and an improved security of supply” and this purpose, together with our values and ethical standards, is engrained in our culture as a company. We pursue a sustainable, financially stable and risk-adjusted business model.

Alpiq has a strong asset base of hydro and thermal plants, nuclear and renewable assets. This low-carbon and flexible asset portfolio is operated and optimised in the best possible way. Our core business also comprises energy trading through electricity, gas and other energy products in many European countries. A sustainable and cost-effective energy procurement strategy is an important aspect of any business. Our Sales & Origination team supports industrial and business customers with sustainable energy management and a wide range of energy solutions and services.

We have about 1’200 employees and have our headquarter in Lausanne.

More about Alpiq: www.alpiq.com

Industry
Energy & Utilities
Company Size
1,001-5,000 employees
Headquarters
Lausanne, CH
Year Founded
2009
Website
alpiq.com
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