At a Glance
- Tasks: Lead pricing and valuations for commodities in the EMEA region, developing real-time platforms.
- Company: Join a global team focused on innovative pricing and risk solutions in the commodities sector.
- Benefits: Enjoy a dynamic work environment with opportunities for collaboration and professional growth.
- Why this job: Be part of a cutting-edge team that shapes pricing methodologies and impacts the commodities market.
- Qualifications: Bachelor’s degree in a relevant field and 5+ years in trading or quant risk roles required.
- Other info: Ideal for those passionate about analytics and technology in a fast-paced setting.
The predicted salary is between 43200 - 72000 £ per year.
The successful candidate will join the global Commodities Portfolio Pricing and Valuations team to lead pricing and valuations efforts in the EMEA region. The role involves developing and maintaining a cutting-edge real-time pricing, risk, and P&L platform for commodities, while analyzing and implementing new pricing models and ensuring data integrity. The candidate will also need to collaborate with cross-functional teams and stakeholders to advance pricing methodologies, portfolio valuation, and system workflows.
Principal Responsibilities
- Play a key role in the development and maintenance of a best-in-class real-time pricing, risk and P&L platform for Commodities.
- Analyse, design and productionize new pricing models and present proposals to senior stakeholders.
- Manage existing data and system workflows and build relevant controls to ensure the integrity of real-time P&L and risk representation.
- Work with PMs for pricing support and general portfolio valuation queries including reviewing curve construction, interpolation methods or market data quality.
- Contribute to the ongoing improvement of intraday/EOD marking and P&L explain methodologies.
- Act as representative of the Pricing and Valuation team in specific business development, analytics, market data or technology projects.
- Collaborate with Portfolio Managers, Quant Research, Risk, Middle Office, Operations and various Technology and Data teams to advance the real-time pricing and valuations framework.
Qualifications/Skills
- Bachelor’s degree in Mathematics, Economics, Engineering or a related field.
- 5+ years of experience in a trading, structuring, quant risk or related role covering commodities, knowledge of European power and gas advantageous.
- Experience with pricing and modelling commodity physical and/or derivative products, good understanding of market risk fundamentals.
- Knowledge of non-linear/option products a strong plus.
- Good understanding of Fair Value and derivative recognition concepts.
- Endur/ETRM knowledge advantageous, but not essential.
- Solid understanding of trade lifecycle, ability to deep dive into system and data flows.
- Strong analytical, problem solving skills and attention to detail.
- Ability to prioritize and deliver effectively in a fast-paced and dynamic environment.
- Strong communication and interpersonal skills, with the ability to work collaboratively as part of a global team.
Commodities Portfolio Pricing & Valuations Specialist employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodities Portfolio Pricing & Valuations Specialist
✨Tip Number 1
Familiarise yourself with the latest trends and technologies in commodities pricing and valuations. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the commodities sector, especially those who work in pricing and valuations. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your analytical and problem-solving skills, as these are crucial for the role. Consider working on case studies or simulations related to pricing models to demonstrate your capabilities during discussions.
✨Tip Number 4
Prepare to discuss your experience with cross-functional collaboration. Think of specific examples where you've worked with different teams to achieve a common goal, as this will highlight your teamwork skills which are essential for this position.
We think you need these skills to ace Commodities Portfolio Pricing & Valuations Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in trading, structuring, or quant risk roles, especially in commodities. Emphasise your analytical skills and any specific projects that relate to pricing models or portfolio valuations.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in Mathematics, Economics, or Engineering aligns with the job requirements, and mention any specific experiences that demonstrate your ability to develop pricing models.
Showcase Relevant Skills: Highlight your understanding of market risk fundamentals and any experience with non-linear/option products. If you have knowledge of Endur/ETRM systems, be sure to include that as well, as it can set you apart from other candidates.
Prepare for Technical Questions: Be ready to discuss your experience with real-time pricing platforms and your approach to ensuring data integrity. Prepare examples of how you've collaborated with cross-functional teams to improve pricing methodologies or portfolio valuations.
How to prepare for a job interview at Millennium
✨Showcase Your Technical Skills
Make sure to highlight your experience with pricing models and risk management systems. Be prepared to discuss specific tools or platforms you've used, especially if they relate to commodities trading.
✨Demonstrate Analytical Thinking
Prepare to present examples of how you've tackled complex problems in previous roles. Discuss your approach to analysing data integrity and how you ensure accurate P&L representation.
✨Emphasise Collaboration
Since the role involves working with various teams, be ready to share experiences where you've successfully collaborated with cross-functional teams. Highlight your communication skills and how you build relationships with stakeholders.
✨Understand Market Trends
Stay updated on current trends in the commodities market, particularly in the EMEA region. Being able to discuss recent developments or challenges in the industry will demonstrate your passion and knowledge for the field.