Lead Data Scientist / Quantitative Analyst - Commodity Intelligence m/f/d

Relx Plc; Karlsruhe; On-site; EUR 72,000 - 119,000; Full time

Benefits offered by this job

Pension

Public transport

Remote work flexibility

Extra leave for social & sustainable →

Job summary

ICIS is seeking a Lead Data Scientist or Quantitative Analyst to join our Karlsruhe/Germany or London team. You will develop market-leading predictive models and interactive analytics for chemicals, supply, demand and prices, collaborating with a global team of data scientists, engineers and economists.

You will own end-to-end model development from data cleaning to production-ready code, work with Python, SQL, and Dash, and partner with customers to translate domain knowledge into actionable

Qualifications

• Minimum of 5 years of practical experience in predictive modelling for commodity markets or trading.
• Strong communication and engagement with internal/external customers.
• Production-ready code in Python and SQL, using AI-code generation and Spec-Driven-Development.

Responsibilities

• Create and continuously improve analytical commodity market models in Python.
• Guide and project-manage model development and retain talent.
• Create interactive analytics and decision-support tools (Dash/Plotly) for market fundamentals, prices and trade.

Skills

Predictive modelling

Commodity markets

Python

SQL

Dash/Plotly

Data handling

Communication

Tools

Docker

Airflow

Git

Dash

Databricks

Snowflake

Job description

Lead Data Scientist / Quantitative Analyst - Commodity Intelligence m/f/dThis site, powered by Workday, uses cookies that are essential for the site to work. The site may also use additional cookies to analyze site statistics and optimize the site experience. Click “Accept Cookies” to accept all additional cookies or click “Decline” to reject all non-essential cookies. For more information, see our Cookie Notice.# RELX Jobs## Lead Data Scientist / Quantitative Analyst - Commodity Intelligence m/f/dApply: Germany - Karlsruhe: UK - London (London Wall): Full time: Posted Today: R120151**Lead Data Scientist or Quantitative Analyst - Commodity Intelligence****ICIS – Karlsruhe/Germany or London****About ICIS**ICIS is part of Risk Solutions Group (RSG) a division of RELX Group, a FTSE 20 company with revenues of $12.6 billion in 2025 and an employee base of over 37,000 people. ICIS makes some of the world’s most important markets more trusted and predictable by providing data services, thought leadership and decision tools. We exist to help businesses in the energy, petrochemical and fertilizer industries make strategic decisions, mitigate risk, improve productivity, and capitalise on new opportunities. Thousands of decisions are taken across supply chains every day using our intelligence and we make this possible through a global presence that delivers the targeted, local insights customers need to achieve growth in this new world of meaningful data. Shaping the world by connecting markets to optimise the worlds valuable resources. With a global team of more than 700, ICIS has employees based in London, New York, Houston, Karlsruhe, Frankfurt, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, and Tokyo.**Job Purpose**Are you passionate about applying data science, AI and analytics to solve complex business problems and create products that customers love?At ICIS, we're building the next generation of data-driven and AI-powered solutions for global commodity markets. As a **Lead Data Scientist**, you will join 30+ experienced Data Scientists in our Analytics Hubs in Karlsruhe or London. Our Data Science group create forecast models, predictive data and interactive analytical tooling for trading and scenario planning. We model commodity markets with a wide range of techniques from fundamental market modelling, statistical to machine learning & AI, mathematical optimisation / linear programming, system dynamics and agent-based models. We work in small teams with a high degree of ownership and direct collaboration with customers.In your role, you will primarily focus on creating market-leading predictive models and interactive analytics for market fundamentals, prices, supply, demand & trade in the context of Chemicals, the global supply network for petrochemical commodities, recycling materials and their end-use applications. You will coordinate, guide and project-manage other Data Scientists, and take full ownership for delivering high-quality Data Science solutions. **Key Accountabilities/Responsibilities:*** Create and continuously improve **analytical commodity market models in Python**: Co-develop with our analysts & engineers strong quantitative market models, such as demand modelling, supply modelling for capacity & cost, storage, trade & transport modelling, market balance & market price forecasting* Guide, **project-manage, develop & retain** our market modelling talent. Align work and business outcomes with stakeholders. Perspective to take on people management responsibility once proven* Connect, clean, and impute freight, pricing, and supply/demand **datasets from diverse internal and external sources**. Turn raw, imperfect and incomplete data into actionable market insight* Create **interactive analytics**, planning and decision support tools that utilize data & models (eg Dash by Plotly). Innovate fast prototypes with Spec-Driven-Development. Deliver data and models into ICIS Data Lakehouse and shared platforms.* **Discuss models with customers**. Share our view on the market structure, key drivers & decision support. Translate gained domain knowledge back into models and build a deep understanding of operation and decision making in our markets* Work **goal-driven and self-organized** with own project management responsibility on developments from day 1* **Guide and support others** in the development of models as well as create hands-on own implementations of framework enhancements. **Actively share** components, knowledge & innovation with peers**Key Skills/Experience Required:*** Minimum of 5 years of practical experience in **predictive modelling** in the context of (commodity) **markets or trading,** supply, demand and prices. Knowledge of assumption-based scenario modelling as well as marginal supply cost curves* Experience to work as a team **goal driven** directly with internal/external customers to identify & solve high-value business problems, self-organised. Strong communication and engagement, ability to explain complex concepts simply to stakeholders* **Production-ready code** in Python and **SQL**, using AI-code generation and Spec-Driven-Development in a **productive & manageable** way, familiar with common Data Science & analytics libraries* Data modelling, transformation, and visualization (eg Python Dash)* Experience with software development (modularisation, versioning eg with GIT, tests, understandable code), with containerization (Docker) and orchestration (Airflow)* Habit of starting **simple first** to get buy-in early and iterate on feedback to add value* **Curiosity** & desire to understand the world* A plus: existing knowledge of the chemical industry, Databricks & Snowflake **Why Join ICIS?*** **Work on Problems That Matter**: global organizations make better decisions using data, analytics and AI* **Build the Future of AI in commodity markets**: Play a key role in shaping next-generation AI products and capabilities that will influence the future of our business and our industry* **Work with Exceptional People**: Join a multidisciplinary team of data scientists, engineers, economists, industry experts and product leaders who are passionate about innovation and customer impact* **Enjoy Corporate Benefits**: e.g. support for fitness studio, pension & public transport, 20 days work from anywhere and 4 days extra leave for social & sustainability engagement and ongoing learning and professional development opportunities**Join a Team That Loves What It Does**Our Data Science team combines the energy of a start-up with the support and stability of a global organization of more than 37,000 employees. In 2025, our Data Science team achieved an Employee Net Promoter Score (eNPS) of 81, reflecting a highly engaged and supportive culture. ICIS is committed to building an inclusive workplace where everyone can thrive. We welcome applications from people of all backgrounds, experiences and perspectives. We believe diverse teams create better products, make better decisions and drive greater innovation. If you're excited about this opportunity but don't meet every requirement, we encourage you to apply.Primary Location Base Pay Range: Germany - Karlsruhe €71,600 - €119,400. **We know your well-being and happiness are key to a long and successful career. We are delighted to offer country specific benefits. Click** **here** **to access benefits specific to your location.**We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form or please contact 1-855-833-5120.**Criminals may pose as recruiters asking for money or personal information. We never request money or banking details from job applicants. Learn more about spotting and avoiding scams** **here****.**Please read our Candidate Privacy Policy.We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.