Gas Trading Quantitative Analyst
My client, the UK trading arm of a giant international oil major, is seeking a front office Quantitative Analyst to join its growing gas trading desk.
The company has a rapidly growing presence across gas and power in the UK and Europe, and is becoming an increasingly bigger player in the market. Based in central London, the desk is expected to triple in size in three years, providing outstanding career progression for the Quantitative Analyst.
The Quantitative Analyst will work closely with senior traders to develop models, risk measures and quantitative trading strategies to meet the demands of a growing number of investors and producers.
Key responsibilities:
- Develop models and implement them in software for pricing and risk managing derivatives
- Develop pricing and calibration tools
- Benchmark and compare results of various techniques
- Implement products using pricing engines and models
- Explain model behaviour and predictions to traders, identify major sources of risk in portfolios, carry out scenario analyses, provide guidance / debug analytics
- Rapid prototyping of models and products
Key requirements:
- Quantitative modelling and/or derivatives trading desk support experience with Commodities in particular gas
- Deep understanding of options pricing theory (i.e. quantitative models for pricing and hedging derivatives)
- Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis
- Strong analytical, modelling and problem solving abilities
- Object oriented programming skills with emphasis on numerical methods
My client is offering an excellent package including competitive bonus, non-contributory pension scheme, and private healthcare.
For more information please email an up-to-date CV to j.clake@bramwithconsulting.co.uk