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Junior Data Scientist - Job Opportunity at Cobblestone Energy

Dubai, United Arab Emirates
Full-time
Entry-level
Posted: May 20, 2025
On-site
USD 60,000 per year

Benefits

Tax-free salary environment in UAE
Visa sponsorship and relocation assistance provided
Performance-based bonus structure
Equity participation opportunities for high performers
Professional development investment
Career progression opportunities

Key Responsibilities

Design and implement predictive models for energy trading optimization
Develop and maintain data pipelines and automated workflows
Conduct advanced data analysis for trading strategy development
Collaborate with cross-functional teams on real-time trading solutions
Create and maintain technical documentation
Build visualization tools and dashboards for decision support

Requirements

Education

Bachelor's or master's degree in Computer Science, Mathematics, Statistics, or related field

Experience

Entry-level position with demonstrated excellence in academic or professional settings

Required Skills

Python R Pandas NumPy SQL Matplotlib Seaborn Data analysis Machine learning Time-series analysis English fluency
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Sauge AI Market Intelligence

Industry Trends

Energy trading firms are increasingly leveraging data science for competitive advantage in renewable markets Growing demand for quantitative skills in Middle Eastern energy markets as the region diversifies from traditional oil and gas Rise of algorithmic trading in energy markets creating new opportunities for data scientists

Salary Evaluation

The offered salary of USD 60,000 is competitive for an entry-level position in Dubai's tax-free environment, equivalent to approximately USD 80,000-90,000 in taxed jurisdictions. Market range for similar roles in Dubai is USD 55,000-75,000

Role Significance

Likely small, focused team of 5-10 data scientists working closely with traders and developers
Entry-level position with significant responsibility and direct impact on trading decisions

Key Projects

Development of wind generation forecasting models Market price prediction systems Trading strategy optimization algorithms Real-time data pipeline development Automated trading system support

Success Factors

Strong foundation in quantitative methods and programming Ability to translate complex analysis into actionable trading insights Collaborative mindset for cross-functional team integration Adaptability to fast-paced trading environment Commitment to continuous learning and market understanding

Market Demand

High demand with growing trajectory as energy markets become more data-driven and Middle East positions itself as a renewable energy hub

Important Skills

Critical Skills

Python programming for real-time data analysis Statistical modeling for price prediction Time series analysis for market forecasting Database management for large-scale data operations

Beneficial Skills

Cloud computing platforms Energy market fundamentals Trading system architecture Machine learning optimization techniques

Unique Aspects

Tax-free environment with comprehensive relocation support
Direct involvement in renewable energy transition
Flat organizational structure unusual for trading firms
Strong emphasis on equity participation
Focus on European markets from Dubai location

Career Growth

Typical progression to senior role in 2-3 years with demonstrated performance

Potential Next Roles

Senior Data Scientist Quantitative Analyst Trading Strategy Developer Team Lead - Analytics Energy Trading Specialist

Company Overview

Cobblestone Energy

Cobblestone Energy is a specialized energy trading firm focused on European gas and power markets, established in 2017

Growing presence in energy trading with focus on renewable transition
Strategic expansion into Dubai indicates focus on Middle Eastern energy markets
Flat organizational structure emphasizing autonomy and meritocracy with strong focus on team collaboration
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