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Quantitative Risk Analyst - Commodities

Millennium Partners
London
3 days ago
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The Quant Risk Analyst will help analyze and monitor the Millennium's Commodities risk, build quantitative models for performance and risk analysis, and participate in the implementation of ad-hoc simulation models for risk measurement (e.g., VaR improvement, scenario analysis, etc.).

Principal Responsibilities
  • Build data analysis models to identify patterns in portfolio managers' performance and highlight top pnl and risk drivers (e.g., factor models, risk decomposition).
  • Design and implementation of risk and scenario GUI/visualization tools (dashboards).
  • Development of option pricing and volatility models in partnership with the Quant Technology team.
  • Handling of large data sets, using machine learning techniques to enhance traditional risk measures.
  • The role will collaborate with risk managers across asset classes as well as various technology and data teams within the firm, capturing requirements, and monitoring delivery.
  • Regular interaction with portfolio managers across Europe and Asia.
Requirements
  • Masters or PhD level training in a quantitative field, e.g., Engineering, Computer Science, Mathematics, or Physics.
  • Minimum 3 years of professional experience in Trading, Structuring, Risk, or Quant role, in a Financial institution, Fintech, Trading house, or Commodities house.
  • Strong coding skills required: Python, proficiency in data science stack (Pandas, scikit-learn, or equivalent), SQL. Familiarity with GUI development (Dash, Panel, or equivalent).
  • Experience designing, developing, and deploying trading tools and GUIs, and at least one of the following: risk models, option pricers, alpha signals, portfolio optimizers, trading algorithms.
  • Experience in an alpha research, portfolio optimization, Commodities, or Trading environment is a plus.
  • Candidate will need to fit into the active culture of Millennium, judged by the ability to deliver timely solutions to risk management issues within the firm.
  • Entrepreneurial inclination: ability to work alone and act as a project manager.
  • Strong communication skills, both written and verbal.
  • Good team player - one who is able to prioritize in a fast-moving, high-pressure, constantly changing environment.
  • Ability to work with Portfolio Managers and foster collaborative relationships.


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