Quantitative Analyst/Researcher - Energy Trading Firm - UK Remote, Doha Qatar Travel

Job Description

Role Summary

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.
• Build and refine Monte Carlo simulation tools for portfolio scenario simulation.
• 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.

• 25 Days Annual Leave
• Work From Home Opportunities
• Pension Scheme
• Opportunities to Work Directly with our Client
• Training Opportunities
• Discount Holidays at I'Aero Chalet