Quantitative Trading & Research - Commodities - Energy - Vice President

About the role

The Energy Quantitative Research team, part of the Quantitative Trading and Research organization, develops the valuation models, analytical tools, and risk infrastructure that underpins the global energy trading business. We partner closely with Trading, Structuring, Sales, and Technology to price complex products, manage risk, and accelerate commercial innovation.

As an Associate or Vice President in the Energy Quantitative Research team in New York or Houston, you will support the global energy trading business, with an initial focus on North American power and gas. Working closely with the trading desk as part of a front office-aligned quant team, you will use your advanced analytical skills and commercial mindset to help drive the growth of the business and the development of new products. You will have the opportunity to own high-impact models end-to-end, from initial research and design to production implementation and ongoing enhancement.

Responsibilities

• Develop pricing and risk models for vanilla and structured products, including model development, production implementation, testing, governance, and documentation
• Partner with Trading and Sales to develop new commercial opportunities
• Develop analytical tools for use by front office teams (pricing, model calibration, strategy backtesting, etc.)
• Provide quantitative analysis and support to front office teams and control functions
• Lead projects, manage priorities, and take responsibility for results, partnering with other teams to deliver on cross-functional projects
• Provide technical support and guidance around the use of the models and tools developed by the team

Requirements

• Advanced degree (master's or PhD) in a quantitative field, or equivalent experience
• Deep understanding of the mathematical and numerical techniques used in valuation models, including stochastic calculus, probability theory, optimization, Monte Carlo methods, etc.
• Strong programming skills and knowledge of multiple languages (preferably including Python and C++), with the ability to efficiently implement production-quality models
• Commercially focused with excellent communication skills, and an ability to understand and anticipate desk needs and translate them into tangible deliverables

Preferred Qualifications

• Familiarity with energy and commodities markets, and the financial and physical products traded

Benefits

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include:

• Comprehensive health care coverage
• On-site health and wellness centers
• A retirement savings plan
• Backup childcare
• Tuition reimbursement
• Mental health support
• Financial coaching

Additional details about total compensation and benefits will be provided during the hiring process.