At a Glance
- Tasks: Develop pricing models and tools for energy trading, collaborating with experts in the field.
- Company: Join Aubay UK, a leading energy trading firm with a focus on innovation.
- Benefits: Enjoy competitive pay, work-from-home options, and a supportive team environment.
- Why this job: Make an impact in energy trading while travelling to Doha and working on cutting-edge projects.
- Qualifications: PhD or MS in a quantitative field with strong coding skills and experience in energy commodities.
- Other info: Dynamic role with opportunities for career growth and continuous support from our Talent Acquisition team.
The predicted salary is between 36000 - 60000 £ per year.
Aubay UK is seeking an experienced Quantitative Analyst/Researcher to join our team. The ideal candidate will bring extensive expertise in energy commodities trading and quantitative modelling, paired with an advanced academic background in a quantitative discipline. This role involves contributing to cutting-edge projects, pricing complex option structures, and building robust models to drive analytical excellence within our front office. This role involves significant travel to Doha, Qatar (up to 2 weeks at a time every 1-2 months). Further details regarding travel requirements will be discussed during the interview process.
Required Skills and Experience
- Previous work experience working as a quant in an energy commodity trading organisation
- Experience in modelling spot/forward price processes, building Monte Carlo simulation tools, multifactor models, gas storage models, and commodity option pricing (spread and exotic), modelling stochastic volatility and correlation in commodity prices.
- Expert-level coding skills in a language such as Python, C#, or C++
Desired Skills and Experience
- Proficiency in programming (Python, C++, etc.) and data analysis tools
- Strong understanding of financial markets, trading strategies, and risk management
- Experience with statistical modelling, machine learning, and algorithm development
- Ability to work with large datasets and perform complex quantitative analysis
- Excellent communication and teamwork skills
Education: PhD or MS (PhD preferred) in a quantitative subject such as Physics, Mathematics, Statistics, Computer Science, Engineering, or related.
Key Role Responsibilities
- Develop and implement pricing models for complex option structures.
- Develop and implement tools for monitoring the Greeks of option positions.
- Create, calibrate, and implement multifactor models for forward price simulation.
- Help build and validate gas storage model for pricing storage assets and swing structures
- Contribute to the methodology for modelling volatility and cross-commodity correlations
- Collaborate with structurers and other stakeholders to integrate models into existing trading and valuation practice.
- Continuously improve models based on feedback and performance metrics.
At Aubay UK, people are at the heart of our business. We offer a competitive remuneration package which includes a range of benefits. You will receive continuous support from our dedicated team of Talent Acquisition Specialists who will support your career development and success during your assignment with our client.
Work From Home Opportunities
Pension Scheme
Opportunities to Work Directly with our Client
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Analyst
Industries: Services for Renewable Energy
Quantitative Analyst/Researcher - Energy Trading Firm - UK Remote, Doha Qatar Travel in London employer: Aubay UK
Contact Detail:
Aubay UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Analyst/Researcher - Energy Trading Firm - UK Remote, Doha Qatar Travel in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the energy trading sector on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for those interviews! Brush up on your quantitative modelling skills and be ready to discuss your past projects. Show them you’re not just a number cruncher, but a problem solver.
✨Tip Number 3
Don’t forget to showcase your coding skills! Be prepared to demonstrate your expertise in Python, C#, or C++. Maybe even bring along a project you’ve worked on to impress them.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to support you every step of the way in landing that dream job.
We think you need these skills to ace Quantitative Analyst/Researcher - Energy Trading Firm - UK Remote, Doha Qatar Travel in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in energy commodities trading and quantitative modelling. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you the perfect fit. We love seeing enthusiasm and a clear understanding of what we do.
Show Off Your Coding Skills: Since coding is key for this role, make sure to mention your expertise in Python, C#, or C++. If you’ve built any models or tools, give us the details! We want to know how you can contribute to our analytical excellence.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Aubay UK
✨Know Your Quantitative Models
Make sure you brush up on your knowledge of quantitative models, especially those related to energy commodities. Be ready to discuss your experience with Monte Carlo simulations and multifactor models, as well as how you've applied them in real-world scenarios.
✨Showcase Your Coding Skills
Since coding is a big part of this role, be prepared to demonstrate your expertise in Python, C#, or C++. You might be asked to solve a coding problem during the interview, so practice common algorithms and data structures beforehand.
✨Understand the Energy Market
Familiarise yourself with current trends in the energy market, particularly around pricing strategies and risk management. Being able to discuss recent developments or challenges in the sector will show that you're engaged and knowledgeable.
✨Prepare for Travel Discussions
Since this role involves travel to Doha, Qatar, be ready to discuss your flexibility and willingness to travel. Think about how you can manage work-life balance while being away and be prepared to share your thoughts on that.