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Greater London, England, United Kingdom
Onsite
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Job Description:
What’s the role
Shell Energy Europe & Environmental Products is seeking a Data Scientist to work within the Market Analysis team to develop and improve our forecasting models.
Accurate forecasting of market fundamentals is critical to improved decision making on the trading desk. The analysis team develop and run a wide range of forecasts, using different methods such as machine learning, optimisation.
What you’ll be doing
Shell Energy Europe is looking to hire a data scientist to support the Power Fundamentals team in building and productionising time series forecasting and optimisation models (stochastic optimisation, dynamic programming, LP/MILP models, etc). This person will have an enthusiasm to learn the inner working of the power market by working in close collaboration with domain experts. They must be able to understand the fundamentals of the power market and translate this into a mathematical model. This requires taking a pragmatic approach to model development, starting with a simple model, and iteratively adding complexity – driven by adding business value in a high-pace environment. This person must be a strong programmer, who is confident in productionising models in the cloud (Azure/AWS) and is comfortable in designing and implementing data ingestion and model deployment pipelines.
Responsibilities:
Prepare, process, clean and visualize various kind of power, gas, and weather data sets to establish a basis of further analysis.
Develop, analyse, and conduct different approaches to forecasts different variables (Demand, wind, solar, prices).
Statistical evaluation and validation of different types of forecasts.
Build the framework to deploy models in production that will be use every day for trading decisions.
Share this framework with the rest of the team to increase the performance of the rest of the team developments.
Participate to the conception and development of a computational environment which enable scalability and high computational power.
Develop in house optimisation models (stack models, dispatch models).
Bring new ideas of models to improve the desk P&L.
Delegate and lead some models and infrastructures projects done by teams of high technical people in IT and modelling.
What we need from you
Your technical skills and experience:
Have a graduate qualification in an analytical or science-based discipline e.g., engineering/maths/computer science and ideally a PhD in machine learning, optimisation or equivalent
End-to-end experience with data, including querying, aggregation, analysis, and visualization
Strong competencies in Python for data analysis using the python data science libraries (Pandas/NumPy/SciPy/Scikit-learn).
Strong SQL skills for data retrieval, basic analysis, and data cleansing.
Strong knowledge and application of object-oriented design and software best practices in Python
Familiarity of cloud architecture, with a focus in deploying and hosting applications in a cloud environment.
Self-starter who is commercially aware and value focused. Able to work with minimal supervision and guidance.
Good communication skills to present new developments and facilitate acceptation by the team and the traders.
Ideally you would be proficient in a good selection of the following:
Algorithmic complexity theory.
Parallelism & Concurrency.
Experience with messaging and or data streaming technologies such as Kafka, ActiveMQ, Azure Service Bus, and Azure Event Hubs.
Experience in containerising models and deploying in Kubernetes.
Have experience implementing algorithms and data-structures.
Have a good knowledge of linear algebra, calculus, and discrete mathematics.
After you submit your application, you will receive an email from Shell providing a link to an online assessment (HireVue) that is a mandatory part of the process and has a validity period – please check your spam/junk mailbox if you do not see the email. Once completed, your application will be reviewed to determine next steps. Thank you for your interest in Shell.
What we offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.
We are committed to attracting a broader and more diverse pool of candidates. If this position doesn’t feel like the perfect fit for your qualifications right now, we’d still love to hear from you.
Shell is working to advance an inclusive, psychologically safe and accessible environment where people with disabilities can excel. If you require any accommodations or accessibility adjustments (e.g. assistive technology, communication support, or other) during the application or interview process, please let us know when prompted in your application. We strive to ensure that our process and workplace is accessible to everyone and are dedicated to making reasonable adjustments to support your needs.
Shell in The United Kingdom
Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.
In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.
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