Student Assistant - Model Based Trading

LOCATION

DK - Aarhus

EMPLOYMENT TYPE

Student Assistant

START DATE

As soon as possible

APPLICATION DEADLINE

We process applications on a continuous basis

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Student Assistant - Model Based Trading

Are you a new graduate student – just starting your masters degree – in economics, mathematics, statistics or similar with a keen interest in modelling, analytics and coding – then we have a great opportunity in our Power Team for you.

Norlys Energy Trading is an emerging player in the international power and gas trading markets. With a focus on renewable energy, we aim to become a top-performing European trading house. Join our team of dedicated professionals and contribute to creating a sustainable future through efficient energy management.

As a Student Assistant in our Model Based Trading Team, you will be essential in providing analytical, modeling, and coding support. Your role will be centered around supporting the team in analyzing market trends, implementing existing models, and enhancing our trading decisions through your coding contributions. We're in the process of expanding our scope in the European market, and your supportive role will be key to our success. We have two openings available, offering a unique chance to be part of our team and to learn the intricate workings of model based trading. While the focus of your work will be more on supporting and understanding the process than independently developing new models, this position will undoubtedly offer a significant opportunity for professional growth.

A famous scientist once stated, 'The only source of knowledge is experience.' This student assistant role is much more than just a job - it's your ticket to the hands-on world of quantitative trading and a chance to gain practical experience beyond what textbooks can offer. This is your stepping stone into the exciting world of trading, setting the foundation for your future career.

Lasse Thorst

Manager, Model Based Trading

Key Responsibilities

  • Assist with data gathering, processing, and analysis to support the team in making informed trading decisions.
  • Contribute to the development and maintenance of price forecasting models by performing tasks such as data cleaning, pre-processing, and simple modeling under guidance.
  • Support in automating processes and implementing efficiency improvements in the workflow. This includes debugging, coding, and helping to maintain the codebase.
  • Collaborate with the team in various ad hoc tasks, which will provide exposure to different aspects of quantitative trading.
  • Play a supporting role in various projects, assisting with research, documentation, and presentation preparation.
  • Help maintain and update documentation of trading strategies and processes, ensuring all records are accurate and up-to-date.
  • Perform regular checks and audits on data and models to ensure accuracy and consistency.

Requirements

  • Currently enrolled in a Master's degree in Mathematics, Economics, Statistics, or a related field.
  • A passion for coding, with prior experience or eagerness to learn and improve.
  • Strong analytical and problem-solving skills ready to be applied in practical scenarios.
  • Ability to thrive in a fast-paced and dynamic environment.
  • Capability to commit to working at least 1-2 days per week, with flexibility offered during examination periods.
  • No prior professional experience is necessary, but a keen interest in quantitative trading is beneficial.
  • The primary workplace will be from Aarhus, but you should expect some days traveling to Aalborg in the beginning

If you have any questions about this role don't hesitate to contact Lasse Thorst.

Want to know more?

Feel free to reach out if you have any questions about this opportunity

Lasse Thorst

Lasse Thorst

Manager, Model Based Trading