Internship - Compliance & Market Analysis

Vattenfall • Amsterdam, NY

55d

About The Position

We are seeking a dedicated and motivated intern to join our team in Stockholm, Amsterdam, or Hamburg for Summer 2026, ideally starting in June. In this role, you will apply your strong technical and quantitative skills to help analyze ancillary service markets from a compliance perspective. These markets are critical for grid stability and have become increasingly profitable with the growing integration of renewable assets. A key focus will be on the imbalance price, which determines penalties or gains for energy producers when actual generation deviates from forecasts. This price is closely linked to ancillary service market metrics, making your work essential for understanding and safeguarding market integrity.

Requirements

• You have strong analytical and problem-solving skills, the ability to work independently, and you are a fast learner who quickly adapts to new business and technological developments. You are confident in challenging the status quo and have an effective ability to influence, drive change, and resolve conflicts.
• University Education in a quantitative field (computer science, physics, mathematics, finance, or equivalent) coupled with a well-grounded interest in technical topics.
• You should currently be studying for a Master's degree or have recently completed one.
• Proficiency in an Object-Oriented Programming Language (e.g., Python, C++, C#) that can be substantiated by completed projects
• Strong command of English, both verbally and written

Nice To Haves

• Knowledge of commodity/energy trading, including understanding of price formation in auction and continuous markets.
• Familiarity with power products such as intraday power and ancillary services (aFRR, mFRR).
• Basic understanding of REMIT [Regulation (EU) No 1227/2011].
• Experience with trade surveillance systems (e.g., SCILA, Nasdaq Smarts).

Responsibilities

• Analyze imbalance price calculation methodologies for relevant geographies by simulating variable changes, assessing sensitivities, and identifying key drivers. Detect scenarios that could indicate market manipulation.
• Perform exploratory data analysis using public market data and Vattenfall auction data to visualize patterns and imbalance price dynamics.
• Develop a ruleset proposal for identifying potential non-compliant behavior within trade surveillance systems.

What This Job Offers

• Career Level: Intern
• Industry: Management of Companies and Enterprises
• Number of Employees: 5,001-10,000 employees