Quantitative Analyst - Area Product & Market Research

YUSO is an innovative participant in the energy market.  We supply 100% green energy and offer battery storage solutions to our customers in order to boost the energy transition.  We integrate renewable energy sources such as wind and solar into the existing energy markets and assist in maintaining the balance of the electricity grid at the same time.

YUSO’s expertise is centered around battery storage projects, power markets, and dynamic supply solutions intended to accelerate the transition to a decarbonized energy system. Our expertise is allocated to our clients for the full 100%, 24 hours a day.

YUSO fully focuses on innovation and automation in its activities.  We always seek for the most efficient, durable and effective solutions, transparency being our most important criterion.  To support our strong growth, we are currently looking for a Quantitative Analyst.

Quantitative Analyst  /  Area Product & Market Research

YUSO is looking to recruit an additional team member who is looking for an opportunity to leverage their mathematical intellect and analytical mindset to accelerate the energy transition. You will help YUSO by integrating renewable energy and large-scale battery systems into the power markets using mathematical modelling in all its forms; ranging from conventional optimization techniques towards more sophisticated Machine Learning and Artificial Intelligence. YUSO encourages you to think outside of the box and bring your own expertise to a very wide range of modelling problems that exist within the world of energy.

For this role we are looking for someone to serve as the multidisciplinary bridge between the Quant team and various other teams at YUSO, supporting them in all their quantitative challenges. Over time, you will become an innovator and owner of quantitative product development, providing new algorithms and simulations for smart energy applications, supporting business development by analyzing new opportunities and markets, and providing the logic underlying the financial optimizations for these projects. You will play a key role in designing the energy products of the future, and serve as an internal point of contact for the optimization logic behind them. Additionally, you will support new ventures into new geographical areas by conducting market research and liaising with multiple teams within YUSO to prepare for market entry. As such, you should also be willing to defend your ideas and calculations by communicating with stakeholders.

Responsibilities

• Optimize the YUSO energy portfolio, encompassing smart energy injection (renewable production) and offtake.

• Assist in the design and algorithm development of smart energy solutions, including renewable generation (solar and wind) co-located with flexibility like embedded batteries or curtailment.

• Lead research into new areas for diverse (local) flexibility resources, such as renewable curtailment, smart steering of electric vehicles, heat pumps, e-boilers, …

• Serve as the internal point of contact for support and simulations related to smart energy solutions, providing financial simulations, benchmarking, and performance improvement analysis for operational products.

• Develop and maintain algorithms and simulation tools for large scale battery projects in different geographical areas in Europe. Assist in developing tools for the financial modeling of the largest battery systems of the future based on YUSO’s trading logic. 

• Have a good understanding of relevant existing proprietary algorithms within YUSO so you can apply these in new environments.

• Fundamental market research and discovery of strategic entry points.

• Monitor, manage and improve on existing models by fine-tuning them to new markets or market conditions

• Analyse time series data across a range of energy markets using a variety of statistical and applied mathematical methods

• Write internal and external reports and give presentations summarising methods, results and performance.

• Maintain a self-critical yet convincing attitude towards your colleagues and clients

Requirements

• Masters in mathematics, physics, computer science or equivalent scientific / statistical / mathematical / engineering / econometric discipline

• Comfortable with mathematical modelling and computational techniques ranging from conventional algorithms to more sophisticated Machine Learning models

• Knowledge and/or interest in trading or optimization in financial markets

• Experience in  statistical or mathematical modelling and data analysis

• Experience with Python is a must. Knowledge of NumPy, Pandas, Scikit-Learn and other ML libraries is a plus. Knowledge of other languages is a plus.

• Experience and/or knowledge of MySQL and databases is a plus.

• Experience with Git is a plus.

• Experience with AWS is a plus.

• Experience in energy markets through your education or past employment is a plus

• Knowledge and/or interest in meteorology is a plus. 

• Excellent communication skills with the ability to influence and persuade

• Working proficiency in English is required.

• Team player

Our offering

You will join a team of dynamic and young professionals, passionate about the integration of renewable energy flows into the energy markets YUSO is active in.  This job opening includes remote work and/or working from the YUSO offices in Waregem, Belgium.  Our office space is one of the best equipped working environments for energy market activities, offering a multitude of multimedia to connect with other colleagues remotely.  As a company, YUSO focuses on the well-being of its employees and the team-spirit as a whole!

Our remuneration is market competitive and offers  extra benefits like health-insurance, meal vouchers, IT-equipment supporting remote work, home-office compensation and a mobile plan.  It also includes a variable part linked to the performance of the team.

Applications are accepted as an application letter with your CV attached

E: hr@yuso.be

Or via the below application form: