Shell Fundamentals Team Lead in London, United Kingdom
Fundamentals Team Lead
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Where you fit in
Shell Energy Europe (SEE) sells and actively trades energy-related products and services associated with European natural gas, power, and environmental products. SEE was created in late 2009 through the combination of Shell Energy Europe (formally part of Gas and Power) and Shell Energy Trading. Having been an early mover in integrating marketing and trading, SEE successfully navigated its way through a time of unprecedented industry turmoil.
Fundamentals are the shaping factors of the European energy and carbon markets: supply, demand, weather, relevant commodity prices, LNG imports, power-generation capacity, storage availability, and infrastructure bottlenecks. The purpose of the team is to gain a deep understanding of the current market situation, including the current flow-picture and consultant’s view of the market and develop foresight, with respect to these factors, that can be translated into commercial gain. World-class learning and professional development opportunities
What’s the role?
The Fundamental Team Lead role has five reports and reports to the GM Analytics, who reports directly to the VP Shell Energy Europe (SE-EE). Proximity to the VP highlights the importance we place on fundamental analysis in Shell Energy Europe. The output from this team is a key part of the decision making process for both proprietary and organisation business. This is used directly by the Power business and indirectly through other parts of SE-EE such as the Gas desk and the wider Shell Energy and New Energies organisations. The Power business itself is one of the key growth areas of the organisation given Shell’s aspirations to be a leading company in the energy transition. There is constant interaction with the key proprietary decision-makers such as the GM Power and the Power Trading Leads, and it is expected that the individual will lead the team to have a direct impact on the bottom line through the use of detailed fundamental analysis.
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Shell started operations in the United Kingdom more than 110 years ago. Since then we have grown into a leading innovative oil and gas company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation, and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.
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London - Shell Centre
What we need from you
Proven experience in European Power Fundamentals (covering at least France/Germany/UK/Spain/Italy)
Demonstration of capacity to build short and medium term stack models in European Power with predictive edge utilising appropriate tech stack
Hands-on time series and modelling data experience in Python and SQL
Significant experience working with proprietary focused Power trading desks
Demonstration of recent bottom line impact of Power fundamentals modelling
Experience in working in both asset backed and proprietary focused Energy trading companies
Established supervisory experience working with junior analysts
Knowledge of either specific visualisation Tools (Spotfire etc) or ability to write in C#
Knowledge of AZURE
Experience in using more recent developments in modelling where appropriate to improve predictive capacity (e.g. application of ML techniques)
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