Portfolio Pricing and Valuations Strats Analyst

The successful candidate will join the Commodities Portfolio Pricing and Valuations team to advance the firm’s real‑time pricing, valuations, risk and P&L infrastructure to support global commodities trading.

Responsibilities

• Maintain and support processes related to the production of firm‑wide intraday and end‑of‑day risk and P&L.
• Automate and streamline pricing and valuations workflows.
• Develop volatility surface models and price options portfolios.
• Calibrate forward curves, monitor them, and implement controls.
• Assist in designing and implementing new pricing and marking methodologies, including related data analysis.
• Collaborate with Portfolio Managers, Quant Research, Risk, and various Technology and Data teams to advance the pricing and valuations framework, support new trading of derivative products, and validate quant changes to pricing models.

Qualifications

• 2+ years of professional experience in a similar role at a commodities trading house.
• Strong mathematics, finance, and coding proficiency (Python, Pandas, SQL).
• Proficiency with latest AI toolkits.
• Expertise in commodities derivatives products, particularly Energy (natural gas, power, crude).
• Deep understanding of options models, volatility surface fitting, and Greek P&L explanation.
• Detail‑oriented with thoroughness and strong ownership of work.
• Independent worker with a strong ability to collaborate across teams.
• Ability to prioritize and deliver in a fast‑moving, high‑pressure, dynamic environment.

Pay

Millennium offers a total compensation package that includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $100,000 to $200,000 (specific to New York) and may change in the future. Final offers consider an individual’s experience level and qualifications to formulate a competitive total compensation package.