Data Analyst

Ernst & Young; City of Westminster; On-site; GBP 80,000 - 100,000; Full time

Job summary

A prominent multi-strategy hedge fund in the United Kingdom seeks a Quantitative Researcher to join its expanding quantitative trading team. The ideal candidate will have over 10 years of experience in commodities trading, with expertise in physical European gas and power. Responsibilities include formulating models for risk analysis of commodities, improving risk reporting tools, and conducting stress testing. This role offers significant opportunities for career growth in a supportive environment with world-class technology and data resources.

Qualifications

• 10+ years of experience as a commodities quant, strategist, or quantitative risk officer.
• Expertise in physical European gas and power.
• Strong academic background in math, physics, engineering, statistics, economics, or finance.
• Skilled in valuing and modeling physical commodity assets.

Responsibilities

• Formulate and implement models for risk analysis of commodity products.
• Improve and extend existing risk reporting tools.
• Develop methodologies for historical and hypothetical stress testing.
• Work with Risk Management to configure and calibrate risk systems.

Education

Master's/Doctorate in quantitative fields

Job description

Overview

Quantitative Researcher - Risk - Multi-Strategy Hedge Fund - A globally respected multi-strategy hedge fund is expanding its quantitative trading team. Known for its strong culture, exceptional infrastructure, and commitment to empowering talent, the firm provides an environment where researchers and traders can scale quickly with the backing of world‑class technology and data resources. You'll be surrounded by high‑performing teams, flat communication lines, and real opportunities for long‑term career growth.

Responsibilities

• Formulate and implement models for risk analysis of commodity products and derivatives, such as methodologies for constructing term structures and volatility surfaces.
• Improve and extend existing risk reporting tools, including risk analysis, P&L attribution, and portfolio construction, with focus on both regular periodic reporting and ad‑hoc requests.
• Develop methodologies and procedures to conduct historical and hypothetical stress testing, as well as analysis of the results using standardized statistical metrics.
• Work with Risk Management to configure and calibrate risk systems.

Qualifications

• 10+ years of experience as a commodities quant, strategist, or quantitative risk officer at a physical energy trading firm.
• Expertise in physical European gas and power.
• Strong academic background (master's/doctorate) in quantitative fields such as math, physics, engineering, statistics, economics, or finance.
• Skilled in valuing and modeling physical commodity assets and structured transactions, such as gas or oil storage, power tolls, transmission, etc.