Commodities Modelling Lead

1 week ago


London, Greater London, United Kingdom Millennium Management Full time
Commodities Modelling Lead

Millennium Management is a leading global hedge fund that leverages cutting-edge technology and data science to drive innovation and solve complex problems. We are building a strong Quant Technology team to develop and maintain in-house analytics and trader support tools, and we are seeking a skilled Commodities Modelling Lead to join our Fixed Income & Commodities Technology (FICT) group.

Key Responsibilities:
  • Design and implement data science-inspired models for forecasting commodities fundamentals, including power and natural gas demand, production capacities, inventory levels, and other relevant factors.
  • Develop and maintain statistical and causal models, including regressions, time series analysis, and supply-demand balancing models.
  • Oversee and mentor junior fundamentals analysts to ensure the success of the team.
Requirements:
  • Minimum of 5 years of experience in modelling commodities fundamentals, with a strong understanding of European power and gas, US power and gas, global oil, and ags and softs.
  • Intimate knowledge of data handling, cleaning, and organization, including familiarity with data sources and providers for temperature, load, rainfall, and other related inputs.
  • Practical knowledge of Python and associated tool stacks for data science, with experience in leading/supervising a team.
  • Knowledge of valuation, pricing, and derivatives models is a plus, but not required.


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