At a Glance
- Tasks: Join a dynamic team to analyse and implement real-time pricing for commodities portfolios.
- Company: Millennium, a global leader in commodities trading with a collaborative culture.
- Benefits: Competitive salary, career growth opportunities, and exposure to cutting-edge technology.
- Other info: Opportunity to leverage AI tools for innovative solutions in commodity valuations.
- Why this job: Make a real impact in a fast-paced environment while collaborating with global experts.
- Qualifications: Bachelor’s degree and 5+ years in trading or risk roles, with strong analytical skills.
The predicted salary is between 70000 - 90000 € per year.
We are seeking a highly motivated and analytical commodities pricing and valuations specialist to join a growing global team at Millennium. This is a high-impact, dynamic and fast-paced PM facing role offering broad exposure across commodity asset classes and strategies globally. You will engage directly with portfolio managers, technology and quant teams in analysing and implementing intraday and end of day curve marking, improving pricing models and curve/vol surface fitting, onboarding new pricing data sources, and evolving our real-time P & L and risk management platform. This is a unique opportunity for an entrepreneurial and creative individual to help scale up Commodities at Millennium. The successful candidate will be able to collaborate with multiple teams and departments globally and build a holistic knowledge across commodities products, portfolio valuation & risk exposures and pricing modelling.
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 implement intraday real-time pricing and EOD marking of PM portfolios considering various data sources (exchanges, brokers, financial counterparties etc).
- Build technical knowledge and contribute to the onboarding of new products in commodities to support a growing set of PM pods and portfolios.
- Design and implement relevant data controls to ensure the integrity of real-time P & L and risk calculations.
- Work with PMs for ongoing pricing support and portfolio valuation and risk queries.
- Contribute to the ongoing improvement of intraday/EOD marking and P & L explain / Greek based predict methodologies.
- Collaborate with Portfolio Managers, Quant Research, Risk, Middle Office, Operations and various Technology and Data teams to advance the real-time pricing and valuations platform at Millennium.
- Leverage the suite of AI tools available to build innovative solutions and greater insights into commodity valuations.
Qualifications/Skills
- Bachelor’s degree in Mathematics, Economics, Engineering or a related field.
- 5+ years of experience in a trading, risk or related role covering commodities.
- 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.
- Strong analytical and problem solving skills, showing attention to detail and strong ownership of work.
- 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 and Valuations Specialist in London employer: Millennium
Millennium is an exceptional employer that fosters a dynamic and collaborative work culture, particularly for the Commodities Portfolio Pricing and Valuations Specialist role based in London. Employees benefit from broad exposure to global commodity asset classes, innovative AI tools, and ample opportunities for professional growth within a supportive team environment. The company's commitment to excellence and entrepreneurial spirit makes it an ideal place for individuals seeking meaningful and rewarding careers in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Commodities Portfolio Pricing and Valuations Specialist in London
✨Tip Number 1
Network like a pro! Reach out to people in the commodities space, especially those at Millennium. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss pricing models and risk management strategies. Show us you know your stuff!
✨Tip Number 3
Don’t just apply; engage with our team on social media or at industry events. Let us see your enthusiasm for commodities and how you can contribute to our growth.
✨Tip Number 4
Follow up after interviews! A quick thank-you note can leave a lasting impression. It shows us you're genuinely interested in the role and the company.
We think you need these skills to ace Commodities Portfolio Pricing and Valuations Specialist in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commodities Portfolio Pricing and Valuations Specialist role. Highlight your relevant experience in trading, risk, and commodities pricing. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about commodities and how your background makes you a perfect fit for our team. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Analytical Skills:Since this role is all about analysis and problem-solving, make sure to showcase your analytical skills in your application. Provide examples of how you've tackled complex problems or improved processes in previous roles. We’re keen to see your thought process!
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, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Millennium
✨Know Your Commodities
Make sure you brush up on your knowledge of commodity markets and pricing models. Understand the different asset classes and how they interact. This will not only help you answer questions but also show your enthusiasm for the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills in previous roles. Think about times when you improved a pricing model or solved a complex problem. Be ready to explain your thought process and the impact of your work.
✨Collaborate Like a Pro
Since this role involves working with various teams, be prepared to talk about your experience collaborating across departments. Share examples of how you’ve successfully worked with portfolio managers, tech teams, or risk departments to achieve a common goal.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your interest in the company and the role. Inquire about their current challenges in pricing and valuations or how they leverage AI tools. This shows you're not just interested in the job, but also in contributing to their success.
