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Director, Commodities Quant Strategist

New York, New York

Job Description:

Overview: 

The role is in the Quantitative Strategies Group (QSG) with a focus on serving the commodities business (Oil, Power & Gas, the index business as well as Metals (base and precious) within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of analytical desk tools and pricing models, implementation in the analytics platform as well as their delivery and support across the different desks.

The successful candidate will have regional responsibility for the Commodities quant team in New York, reporting to the global co-heads of Commodities QSG. They will be expected to provide technical leadership by example. The candidate will be expected to work closely with desk heads to identify and drive analytical and technological initiatives. The business is looking to expand its capabilities in the electronic oil trading space. The gas & power space have seen significant growth recently in particular due to ESG related initiatives and new sources of energy. The metals business (base and precious) is also growing in particular in the options space and is in need for more support.

Responsibilities:

  • Lead and manage the team in New York
  • Develop and maintain desk tools in Python
  • Develop the analytics library in C++
  • Support the trading desk with use of existing models, developing new strategies
  • Analysis of large data sets and distilling the information contained within
  • Developing hedging strategies and backtesting their performance
  • Work closely with partners from other desks, e.g. XVA
  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

Competencies we look for:

  • Strategic Thinking: Intellectual curiosity, Business knowledge, Innovation & Creativity
  • Business Results: Analytical ability, timely delivery of results
  • People leadership: Collaboration and team work
  • Personal Effectiveness: Strong communication skills, energy, commitment and dedication

Skills we look for:

Essential Skills

  • PhD or Master’s Degree in a quantitative discipline
  • Experience in both Python and C++ is highly desirable.  As a minimum experience with object orientated programming and previous experience in either Python or C++ is required. 
  • Knowledge of working within a structured software development environment.  Use of source code control systems, continuous integration environments, testing, release processes, etc.
  • Rigorous problem solving skills
  • Impeccable communication skills.

Nice to have

  • Knowledge of the commodities space, understanding of derivatives pricing models
  • Experience with large dataset analysis
  • Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

5000

Job Description:

Overview: 

The role is in the Quantitative Strategies Group (QSG) with a focus on serving the commodities business (Oil, Power & Gas, the index business as well as Metals (base and precious) within the GBAM business. The team is responsible for direct support of traders, control functions and the FICC Management globally. The team covers development and maintenance of analytical desk tools and pricing models, implementation in the analytics platform as well as their delivery and support across the different desks.

The successful candidate will have regional responsibility for the Commodities quant team in New York, reporting to the global co-heads of Commodities QSG. They will be expected to provide technical leadership by example. The candidate will be expected to work closely with desk heads to identify and drive analytical and technological initiatives. The business is looking to expand its capabilities in the electronic oil trading space. The gas & power space have seen significant growth recently in particular due to ESG related initiatives and new sources of energy. The metals business (base and precious) is also growing in particular in the options space and is in need for more support.

Responsibilities:

  • Lead and manage the team in New York
  • Develop and maintain desk tools in Python
  • Develop the analytics library in C++
  • Support the trading desk with use of existing models, developing new strategies
  • Analysis of large data sets and distilling the information contained within
  • Developing hedging strategies and backtesting their performance
  • Work closely with partners from other desks, e.g. XVA
  • Work closely with the technology team in order to deliver the analytics in the new system as well as improve performance where necessary

Competencies we look for:

  • Strategic Thinking: Intellectual curiosity, Business knowledge, Innovation & Creativity
  • Business Results: Analytical ability, timely delivery of results
  • People leadership: Collaboration and team work
  • Personal Effectiveness: Strong communication skills, energy, commitment and dedication

Skills we look for:

Essential Skills

  • PhD or Master’s Degree in a quantitative discipline
  • Experience in both Python and C++ is highly desirable.  As a minimum experience with object orientated programming and previous experience in either Python or C++ is required. 
  • Knowledge of working within a structured software development environment.  Use of source code control systems, continuous integration environments, testing, release processes, etc.
  • Rigorous problem solving skills
  • Impeccable communication skills.

Nice to have

  • Knowledge of the commodities space, understanding of derivatives pricing models
  • Experience with large dataset analysis
  • Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21047084

Band: H4

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Christina Rodgers

Referral Bonus:

5000

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036