Commodities Quantitative Specialist

1 day ago


Miami, Florida, United States Millennium Management Full time

About Millennium Management

Millennium Management is a top-tier global hedge fund with a strong commitment to leveraging innovations in technology and data science to drive business growth.

We are seeking a skilled Commodities Quantitative Specialist to join our Fixed Income & Commodities Technology (FICT) group and contribute to the development and maintenance of in-house pricing libraries.

Job Description

This role involves developing, implementing, and maintaining quantitative models for commodities risk management.

The successful candidate will collaborate with derivatives quants worldwide to research and develop risk analytics for our commodities business.

Responsibilities

  • Develop, implement, and maintain quantitative models for commodities risk management.
  • Work closely with derivatives quants worldwide to research and develop risk analytics for our commodities business.
  • Foster strong relationships with risk managers and portfolio managers to understand their needs and provide tailored solutions.

Requirements

To be successful in this role, you will need:

  • A Bachelor or Master's degree in Engineering, Applied Mathematics, Physics, Statistics, or a related field.
  • 3-5+ years of professional working experience as a quant or strat.
  • Strong experience in quantitative analysis for pricing/risk of commodity derivatives.
  • Strong practical knowledge of US Power markets.
  • Solid communications skills.
  • Strong C++ programming skills.
  • Able to work independently in a fast-paced environment.
  • Detail-oriented, organized, demonstrating thoroughness and strong ownership of work.

Benefits and Total Compensation Package

The estimated base salary range for this position is $175,000 to $250,000 per year, which is specific to New York. Millennium offers a comprehensive benefits package that includes health insurance, retirement savings plan, and other perks.



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