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2023-02-13

Quantitative Analyst

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Shell
Quantitative Analyst
London, GB
110,000 - 174,000
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Job Description

, United Kingdom

Job Family Group:

Trading Jobs

Worker Type:

Regular

Posting Start Date:

Business unit:

Downstream

Experience Level:

Experienced Professionals

Job Description:

What’s the role?

SE-EA’s Gas Trading desk is looking for a Quantitative Analyst to join the front office. You will be a key member of a team of traders, quantitative and fundamental analysts, and originators focusing on quantitative analytics for gas trading, and wholesale structured transactions. You will work directly with gas trading teams, SE-EA’s front office quant analytics team on proprietary pricing and hedging models and collaborate with the technology team to enable the trading desk to effectively use proprietary internal technologies.

As a Quantitative Analyst, you will:

  • Support trading desks on any research and quantitative analysis needs with regards to structuring & trading/pricing book management, process and analytics automation and reporting.

  • Collaborate with SE-EA’s front office quant analytics team to develop and extend pricing and hedging models and tools for gas derivatives including storage, swing, and transportation contracts.

  • Work with traders to better understand and improve risk management, and to assist in hedging.

  • Support the development of an effective centralized quantitative capability within SE-EA

  • Contribute to SE-EA’s proprietary quant analytics libraries and support the upskilling of the quantitative toolkit across products.

What we need from you?

We are looking for candidates with high commercial capacity and strong skills. In addition to domain area expertise, the successful candidate will need to present strong interpersonal skills and the ability to communicate with both business and technical minded colleagues at all levels.

Essential qualifications:

  • Advanced degree in a quantitative field: Mathematics, Engineering, Science or Operations Research.

  • Relevant front office work experience in energy trading with focus on gas markets.

  • Solid understanding of gas markets, fundamentals, and their derivatives products, as well as modelling, pricing, and hedging practices.

  • Strong knowledge of advanced numerical (e.g., Monte Carlo, finite difference), and optimization methods (e.g., for complex engineering or physical systems) for pricing and hedging energy derivatives.

  • Strong coding skills in Python with proficiency in common libraries for data science, such as NumPy, Pandas, scikit-learn.

  • Proficiency in querying API platforms and databases (SQL proficiency), and end to end application development.

Key competencies:

  • Keen commercial acumen and enjoy the challenge of working in a customer focused, fast paced and rapidly evolving business.

  • Strong written and verbal communication skills.

  • Work autonomously on projects, manage time efficiently and deliver in a timely fashion

  • Present experience driving forward with initiatives and projects.

Additional & advantageous qualifications:

  • Working knowledge of core concepts and methods in computational statistics, predictive modelling, or machine learning.

  • Working knowledge in either C# or modern C++ (.Net framework).

  • Experience with other scientific and mathematical programming languages such as MATLAB or R.

  • Familiar with software design patterns, modern technology stacks or DevOps tools (e.g., Azure, GitHub) is highly desirable.

COMPANY DESCRIPTION

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in renewables, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.

  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

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