Commodities Quantitative Developer

Requirements:

• Advanced degree (masters or Ph.D.) in a quantitative field such as mathematics, engineering, physics, computer science, or another hard science
• Strong numerical and analytical skills
• Experience with mathematical finance, derivatives, option pricing, and stochastic calculus
• Strong understanding of embedded optionality and its drivers
• 2–7 years of professional experience in a power or gas quantitative role at an energy trading firm, investment bank, utility, independent power producer, or energy consultancy
• Experience developing pricing models and back-testing, including building production-grade pricing or valuation models and libraries with back-testing and risk integration
• Experience pricing and structuring complex power and/or gas transactions, such as exotic options or bespoke structures, is desired
• Proficiency in Python and an object-oriented language such as C#, C++, or Java
• Good communication skills and ability to work in a fast-paced environment
• Background in energy or commodities, including power, gas, crude oil, or refined products; ability to understand or learn the mathematics of structured deals, build and optimize quantitative models, write production-quality code, and organize interfaces with systems, data, and pricing libraries

Responsibilities:

• Develop, enhance, document, and test pricing models and quantitative libraries for power and natural gas products, derivatives, and structured commodity transactions
• Build and maintain pricing applications, analytical tools, and risk reports for traders, originators, middle-office professionals, and risk teams
• Improve quantitative risk systems and work with technology teams to add functionality, support complex transactions, and enhance reporting
• Calibrate pricing models using observable market data and historical prices, working with traders to reflect current market conditions and trading needs
• Develop quantitative methods to measure and analyze market risk, valuation, and credit exposure for long-term contracts and structured deals
• Support the quantitative analysis, pricing, and structuring of complex power and natural gas transactions, translating commercial needs into robust analytical solutions
• Write efficient, maintainable, well-tested code and improve the performance, reliability, and usability of quantitative applications and libraries
• Collaborate with traders, quantitative strategists, risk managers, and technology teams to identify analytical needs, deliver solutions, and advance the trading platform

Technologies:

• C#
• Embedded
• Support
• Java
• Python
• C++

More

We are a global energy trading merchant seeking a quantitative developer for our commercially focused power and gas Strats team. The role supports front-office trading and works closely with originators, traders, quantitative professionals, and customers who price derivatives and structure competitive deals and products. The position is available in Greenwich, Connecticut, or Houston, Texas, with a hybrid schedule combining office and remote work.

last updated 44 week of 2026