Senior Data Scientist - Commodity Intelligence m/f/d

Tschach Solutions GmbH Company; Karlsruhe; On-site; EUR 72,000 - 119,000; Full time

Job summary

ICIS is seeking a Senior Data Scientist / Quantitative Analyst to join our Analytics team in Karlsruhe, Germany or London. The role focuses on building predictive models and interactive analytics for global commodity markets, collaborating closely with customers and engineers to deliver market-leading tools.

You will work with Python, SQL and Dash to create models, forecast pricing and supply-demand dynamics, and contribute to a data lakehouse.

Qualifications

• 3–5 years in predictive modelling for commodity markets or trading.
• Experience with scenario modelling and data-driven decision support.
• Strong Python and SQL, production-grade coding practices.
• Familiarity with Dash for interactive analytics; containerization and orchestration concepts.

Responsibilities

• Create and continuously improve analytical commodity market models in Python.
• Connect, clean, and impute freight, pricing, and supply/demand data from diverse sources.
• Build interactive analytics and decision-support tools (e.g. Dash); integrate into data lakehouse.
• Discuss models with customers and translate domain knowledge into models.
• Share insights on market structure and drivers; guide others in model development.
• Own project delivery from day one and drive value iteratively.

Skills

Predictive modelling

Scenario modelling

Python

SQL

Data visualization

Dash

Docker

Airflow

Git

Software development

Tools

Databricks

Snowflake

Job description

Senior Data Scientist / 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, serving customers in 180+ countries. 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 Senior 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 prices, supply, demand & trade for Chemicals, the global supply network for petrochemical commodities, recycling materials and their end-use applications. Your work will directly help thousands of users to quantify impacts to their markets.

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
• 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 3 to 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 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.

Primary Location Base Pay Range: Germany - Karlsruhe €71,600 - €119,400.

We are delighted to offer country specific benefits.

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.

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. USA Job Seekers: EEO Know Your Rights.

RELX is a global provider of information-based analytics and decision tools for professional and business customers, enabling them to make better decisions, get better results and be more productive. Our purpose is to benefit society by developing products that help researchers advance scientific knowledge; doctors and nurses improve the lives of patients; lawyers promote the rule of law and achieve justice and fair results for their clients; businesses and governments prevent fraud; consumers access financial services and get fair prices on insurance; and customers learn about markets and complete transactions. Our purpose guides our actions beyond the products that we develop. It defines us as a company. Every day across RELX our employees are inspired to undertake initiatives that make unique contributions to society and the communities in which we operate.