Trainee Trader/Analyst - Job Opportunity at Priogen

Amsterdam, Netherlands
Full-time
Entry-level
Posted: February 28, 2025
On-site
EUR 45,000 - 65,000 per year base salary for trainee positions in Amsterdam's energy trading sector, with significant bonus potential based on performance

Benefits

Comprehensive pension plan with market-competitive employer contributions
Commuting allowance supporting work-life balance
Fitness subsidy promoting employee wellness
Regular social events fostering team cohesion
Structured career development program
Performance-based advancement opportunities
Professional training and development budget

Key Responsibilities

Analyze and forecast European energy market trends using advanced statistical models
Develop and maintain trading strategies for electricity and gas markets
Manage short-term and medium-term energy portfolios
Execute day-ahead auction trading operations
Conduct fundamental market analysis using weather data and other variables
Create and optimize pricing models for energy commodities
Collaborate with team members to identify trading opportunities

Requirements

Education

Master's Degree in Econometrics, Engineering, Finance, Economics or another quantitative discipline

Experience

Entry-level position with no prior professional experience required

Required Skills

Strong numerical and analytical skills Proficiency in Excel (Macros & VBA) Python or R programming Statistical modeling Financial analysis Operational modeling English fluency Performance under pressure Critical thinking
Advertisement
Ad Space

Sauge AI Market Intelligence

Industry Trends

The European energy trading sector is experiencing rapid transformation due to renewable energy integration and market volatility, creating increased demand for quantitative trading expertise The shift towards algorithmic trading in energy markets is driving strong demand for professionals with combined financial and programming capabilities Growing complexity in weather pattern analysis and its impact on energy pricing is elevating the importance of advanced forecasting skills

Role Significance

Typical energy trading teams consist of 8-12 professionals including senior traders, analysts, and trainees working in collaborative desk structures
Entry-level position with clear progression path to full trader/analyst roles within 12-24 months based on performance

Key Projects

Development and optimization of day-ahead electricity pricing models Weather-based energy demand forecasting Market analysis and trading strategy development Portfolio risk management and optimization

Success Factors

Strong foundation in quantitative analysis and statistical modeling Ability to combine technical analysis with market intuition Excellent stress management and decision-making capabilities Strong programming skills for model development Collaborative mindset with ability to contribute to team strategies

Market Demand

High demand with growing competition for quantitatively skilled graduates in energy trading, particularly in European trading hubs

Important Skills

Critical Skills

Quantitative analysis skills are fundamental for market modeling and risk assessment Programming proficiency enables automation and model development Statistical analysis capabilities are crucial for pattern recognition and forecasting

Beneficial Skills

Understanding of meteorological data analysis Knowledge of European energy market regulations Experience with time series analysis Familiarity with machine learning applications in trading

Unique Aspects

Comprehensive training program specifically designed for energy trading
Direct exposure to live trading operations from early career stage
Integration of weather analysis with trading strategies
Strong focus on proprietary methodology development

Career Growth

2-3 years to junior trader position, 5-7 years to senior trading roles with demonstrated performance

Potential Next Roles

Junior Trader Market Analyst Senior Trading Analyst Portfolio Manager Head of Trading Desk

Company Overview

Priogen

Priogen is a specialized energy trading firm focusing on European electricity and gas markets, known for sophisticated quantitative approaches and proprietary forecasting methodologies

Established player in European energy trading markets with strong focus on technological and analytical capabilities
Strategically positioned in Amsterdam, one of Europe's key energy trading hubs, with access to major European energy markets
Fast-paced, analytical environment with emphasis on continuous learning and performance-driven growth
Advertisement
Ad Space
Apply Now

Data Sources & Analysis Information

Job Listings Data

The job listings displayed on this platform are sourced through BrightData's comprehensive API, ensuring up-to-date and accurate job market information.

Sauge AI Market Intelligence

Our advanced AI system analyzes each job listing to provide valuable insights including:

  • Industry trends and market dynamics
  • Salary estimates and market demand analysis
  • Role significance and career growth potential
  • Critical success factors and key skills
  • Unique aspects of each position

This integration of reliable job data with AI-powered analysis helps provide you with comprehensive insights for making informed career decisions.