Quantitative Power Trading Analyst (F/M/D)

About the role

Ignitis, part of the Ignitis Group, is looking for a Quantitative Power Trading Analyst to join its Algorithmic Trading & Research team in Vilnius. The team trades power in wholesale and ancillary services markets and manages large solar generation and consumption portfolios in the Baltics, while expanding its flexible assets with battery storage, solar and wind. You will build data-driven trading strategies that make the most of this flexibility.

Key responsibilities

• Develop, backtest and validate new asset-backed trading strategies, then work with trading engineers to put them into production
• Improve and maintain the trading algorithms already in use
• Track daily algorithm performance, identify areas for improvement and enhance them
• Work with one of two portfolios: Residential and Business Flexibility, or Large-Scale Renewables and Battery Energy Storage Systems and/or Hybrid Parks

Required profile

• Degree in physics, mathematics, computer science or another quantitative field from a reputable university
• Hands-on experience with Python, SQL and Git
• Work experience in a quantitative role with a proven record on technically demanding projects
• Good written and spoken English
• Nice to have: power market experience, linear and stochastic optimization, Linux and Apache Airflow

What we offer

• Compensation linked to experience and competencies, with financial incentives depending on results
• Choice of additional benefits such as pension accumulation, health insurance or others
• Paid days for health improvement, short-term illness, volunteering and accumulated work experience, plus accident insurance
• Hybrid work model (3+2) and flexible working hours
• Access to the internal GROW academy for training and teaching