Commodity Quant Analyst

This strong NYC analytics vendor is looking to grow it`s commodity quant team by the beginning of 2012 and is now looking for one excellent join the team. This candidate should have a strong skill set both combining communication and programming skills and the ability to make an impact from day one. This team is a very successful and hardworking group of highly qualified individuals and the candidate who has the opportunity to join this team needs to be experienced in the commodities space. The role will report into the head of the commodity/credit/FX team.

Responsibilities for the Front Office Commodities Quant Analyst role:
-Develop models and implement them various financial houses and investment banks covering a variety of commodities.

Search, develop and maintain models in library and on-going maintenance of the analytics library.

-Develop pricing and calibration tools.
-Benchmark and compare results of various techniques including historical simulations.

Research and prototype commodity derivative models.

-Explain model behaviour and predictions to various clients.

Ideal background of the successful candidate:
-Must have a solid experience (3 – 6 years)with pricing Commodity Derivative products – this can be any commodity class.
-Candidates should have front office quant experience, however exceptional MV candidates will also be considered, but they MUST be from a top tier bank.
-PhD or very strong Masters candidates in a quantitative subject, with strong quant finance knowledge.

Candidates who have experience implementing models from scratch are ideal.

-Coding experience, preferably C++ and/or Python, with emphasis on numerical methods.
-Excellence in probability theory, stochastic processes, partial differential equations, and numerical analysis.