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Commodities Risk Quant

Millennium Management
Commodities Risk Quant
New York, US
165,000 - 250,000
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Job Description
  • Define risk methodologies for the monitoring of Commodities portfolios including:
    • Development of new models (factor models) for Risk Analysis
    • Performance analysis (P&L explain, performance statistics)
    • Enhancement of Value-at-Risk models and stress calculations on commodities products
  • Ad-hoc analysis on specific trades & advise Management on risk scaling
  • Manage day-to-day risk for Commodities Portfolio Managers
  • Provide transparency & advisory on top risks to Management
  • Support the growth of the Commodities business:
    • Prioritize and manage strategic development projects in risk infrastructure
    • Interact with PMs on risk analytics improvements and tools requirements for new business

Skills & Experience

  • Masters/PhD in engineering/physics/math
  • Minimum of 7+ years’ experience in Commodities markets in a Quantitative role (quant/strat, risk or structuring team)
  • Excellent command of modelling and risk management of commodities instruments required
  • In-depth knowledge of Commodities products, markets and trading strategies as well as pricing models
  • Emphasis on strategic thinking and prioritization skills
  • Result-oriented and fast paced

Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $165,000 to $250,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

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