Quantitative Developer Commodities Trading

1 month ago


London, Greater London, United Kingdom Cititec Talent Full time
Senior Quantitative Developer Commodities Trading

Join Cititec Talent in our mission to empower clients in the energy and commodities markets. As a Senior Quantitative Developer Commodities Trading, you will be part of a team that helps clients navigate complex markets to maximize revenues and minimize risks.

Key Responsibilities:
  • Build, enhance, test, and maintain quantitative models specialized for the needs of trading and risk managers, including derivatives pricing and volatility marking.
  • Contribute to the firm's effort to calculate and aggregate raw risk metrics (greeks) from different trading systems to enhance the firm's overall risk management capabilities.
  • Improve and extend existing risk reporting tools, including risk analysis and P&L attribution.
Requirements:
  • Advanced degree in a quantitative field such as Mathematics, Statistics, Financial Engineering, or a related discipline.
  • At least 5+ years of experience as a commodities quant or strategist or quantitative risk officer, gained in a Hedge Fund, Oil Major, Commodities Trading House, or a Bank.
  • Proven track record in market risk, developing and implementing VaR models, with deep knowledge of the modelling approaches and their strengths/weaknesses.
  • Expert knowledge of risk and understanding of the application of complex mathematical concepts related to Monte Carlo, options pricing, and time series analysis.
Preferred Qualifications:
  • Experience in counterparty risk and PFE/XVA frameworks using commodities factor-based approaches and correlation analytics.
  • Advanced programming skills, ideally in Python.


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