Date Posted: 2022-04-21

Job ID: EB-5294474340
Category: Commodities
Location: New York, NY

Quantitative Strategist – Commodities
Commoditites Fund
Location: New York (Hybrid / Flexible)

EDUCATION AND PROFESSIONAL EXPERIENCE

  • University degree with top grades
  • Minimum of a bachelor degree in computer science, computer engineering or like fields of study
  • Minimum 3 years of experience as a programmer/developer
  • Preferred: Minimum 3 years of professional experience within the IT Department of a trading and sales business in the Commodities Services Industry (Energy preferred)

PROFESSIONAL AREAS OF EXPERTISE AND OTHER COMPETENCIES

  • Minimum 3 years of experience with Python. Any other modern OOP language will be considered.
  • Understanding of ETRM/CTRM Systems
  • Knowledge of US Energy markets specifically power and natural gas businesses
  • Experience with a beacon like system ideal (eg secdb/athena/quartz)
  • Experience with range of commodity modelling. Eg hourly scalars, load/gen forecasting, option pricing,

OTHER SKILLS

  • Languages: English
  • Communication skills to be able to act as a bridge between Traders, Orig, Mgmt and Quants.
  • Able to understand the needs of various functions such as Trading, Origination, Quant, Legal
  • Strong analytical skills for fast problem solving, innovative and solution focused

SCOPE OF RESPONSIBILITY

Discretionary Level

  • General Policies

Process/Project Responsibilities

  • Helping the business price and win new business with appropriate risk charges
  • Helping the business manage existing portfolios, especially complex books such as load, variable gen, FTRs.

MAIN TASKS

  • Model creation/maintenance/refinement. Models such as:
    • Load/weather regression
    • Nodal/Zonal relationships
    • Nodal Loss modelling
    • Hourly Scalars
    • Load Migration
    • DA/RT pricing
  • Assist trading team in managing portfolio
  • Creating tools to facilitate deal pricing and risk management processes
  • Maintenance of quant code base
  • Building/enhancing tradable instruments to accommodate new deal types/parameters
  • Option pricing
  • Development of tools to summarize position and risks for traders and management

BrainWorks is a prominent boutique executive search firm offering a 30-year track record of successfully sourcing and placing top talent. By harnessing proven strategies, collaborating with stakeholders and leveraging a diverse and talented candidate network, BrainWorks helps businesses find, attract, and ultimately hire talented professionals that create differentiated results. Our search services can be offered either on a retained or contingency basis depending on the level of commitment your unique search requires.

BrainWorks offers several distinct practice areas, each directed by a Partner with extensive experience, and knowledge of current trends and industry challenges in their specific discipline. Brainworks practice areas include the following: Accounting & Finance; Accounting & Finance Interim; Analytics, Data Science & Data Governance; Commodities Technology & Trading; Consumer Products; CRM & Direct Marketing; Cybersecurity; Ecommerce & Digital Marketing; Human Resources; IT & Data Engineering; Market Research & Consumer Insights; Operations & Supply Chain; Private Equity & Portfolio Company Leadership; and Sales.

BrainWorks prides itself on quality, speed and GUARANTEED RESULTS, delivered through our unique QUASAR approach. When you partner with BrainWorks, your company will receive intelligence and industry expertise from consultants who are trustworthy, caring and passionate about your business needs. https://brainworksinc.com

To apply for this job please visit brainworksinc.com.

Brainworks