Energy Trading Data Scientist

Houston, TX 77010

Posted: 08/16/2023 Industry: Energy-Front Office Job Number: 1739

Job Description

A global, merchant energy trading firm in Houston seeks a data scientist to support its natural gas & power trading teams. The position will create sophisticated statistical models and algorithms that produce predictive signals that drive trading strategy and commercial decisions.  Key responsibilities include:
  • Extracting, analyzing, and managing data from complex and disparate sources, including data lake.
  • Applying rigorous machine learning, statistical analysis, regression, and optimization techniques to data to identify signals and predictive patterns.
  • Generating hypotheses and analyzing data to test and interpret results and to evaluate and test trading strategies.
  • Developing, testing, and implementing new tools to be used by the trading team. 
  • Working with the Technology team to communicate analytical and modeling results in a dashboard format to Traders; and
  • Researching and evaluating new technologies/tools associated with Big Data. 

Educational and professional requirements include:
  • Bachelor’s degree (an advanced degree is a plus) in an applied quantitative field (mathematics, physics, computer science, engineering, or statistics).
  • Excellent Python programming skills and advanced knowledge of SQL.
  • A strong background in linear regression, probability, scenario modeling, statistics, and time series analysis.
  • Ability to write and optimize database queries to extract and analyze large data sets.
  • Approximately 1-5 years of professional experience in Big Data / Data Science / Data Analytics analysis and predictive modeling in the energy industry.
  • Industry experience in energy trading, upstream/midstream oil & natural gas, or conventional/renewable power. A variety of analytic experiences will be considered. 
  • A commercial mindset and desire to work within a fast-paced end trading floor environment.
  • Strong communication skills. 

Other experience and technical skills (desired, a plus, and not required):
  • Experience on an energy trading floor is a plus.
  • Experience and knowledge of the Permian gas region is a plus. 
  • Experience with machine learning for prediction, classification, and anomaly detection is a plus.
  • Experience with natural language processing (NLP) for analyzing unstructured data is a plus.
  • Linear programming and non-linear optimization are a plus. 
  • Experience with vehicle routing is a plus. 
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