We are working with a leading energy trade house based in Houston that is looking to support the growth in complex trades being executed by their Power and Gas trading desks by bringing on a Quantitative Analyst to work within their Structuring and Valuation team.
Main Responsibilities:
• Develop valuation models of complex trades
• Develop Pricing models across energy derivatives and complex trades
• Work with Trading to validate the appropriateness of model assumptions
• Understand model limitations and model risk
• Articulate intuition regarding model outputs
• Provide insight into trading strategies and asset optimization
• Generate trade ideas and assist with deal structuring
• Support Origination and investment decisions
• Contribute to the team's pricing library with high-quality code
• Perform ad-hoc market analyses as required to support decision making
• Develop reports and visualization tools
Profile/Key Skills
• 2-4 years of experience working as a Quantitative Analyst
• Degree in a highly quantitative subject, ideally to doctoral level
• Understanding of probability, statistics, stochastic calculus, option pricing theory and numerical analysis
• Programming experience, ideally in Python
• Knowledge of European energy markets
• Ideally, experience modeling energy assets, including renewables and weather derivatives
• Excellent communication and presentation skills
• Ability to explain complex mathematical concepts
• Desire to work as part of a team as well as being self-driven
• Fluent in English
