140 E 45th Street
| Work from home flexibility
Industry: Energy-Front Office
Job Number: 1747
A global energy trading company is searching for an experienced Commodities Quantitative Structurer to undertake power structuring activities. This position is part of the commercial team and works directly with the originators, traders, quants and customers to put together competitive deals and products. Key responsibilities include:
Educational and professional requirements include a PhD in a quantitative field (mathematics, engineering, physics, statistics, etc.); 1-5 years' professional experience in a front-office quantitative role (required) and ideally with prior experience pricing and structuring complex transactions (exotic options, bespoke structures) or experience with model development and backtesting at an energy trading firm or investment bank (both energy or non-energy candidates will be considered); strong understanding of embedded optionality and drivers; and experience with coding is required.
- designing complex valuation and price models for structured products including tolling agreements, full requirements / load-following deals, PPA agreements, shaped products, revenue puts, swaptions, weather contingent derivative products, basket options, heat rate options, RECs and other physical/financial/derivatives, and
- ongoing modeling enhancements and backtesting to the pricing engine.
Employees work 3 days in the office and 2 days remotely.