Graduate Quantitative Analyst

Javelin Group; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading global commodities firm in London is seeking a graduate for the Quantitative Strategies team. The role involves deal structuring, pricing model development, and risk analysis. The ideal candidate will have a strong aptitude for problem solving and proficiency in programming. This position offers an immersive training experience and a supportive team environment, along with competitive benefits including a discretionary bonus and 25 days holiday.

Benefits

Annual discretionary bonus

25 days holiday

Company pension scheme (10% company contribution)

Private medical scheme

Travel insurance

Income protection

Life assurance (5x salary)

Bike2Work scheme

Onsite gym

Social environment with entertainment areas

Qualifications

• Studying a technical subject at degree or post-graduate level.
• Experience with an object-oriented programming language.
• Relevant internship placements an advantage.

Responsibilities

• Translate trade ideas into deal structures.
• Develop pricing models for new business activity.
• Collaborate with sales teams in negotiations.

Skills

Problem solving

Programming (Python, Java, Julia)

Communication

Collaboration

Education

Degree in Mathematics, Physics, Engineering

Tools

Python

Java

Job description

About Javelin

Javelin Global Commodities is a leading global commodities marketing, trading, logistics services and investment firm with offices in London, New York, San Diego, St Louis, Zug, India, Australia, Shanghai, Dubai and Singapore. Javelin was founded in 2015 and now operates across 50 countries and six continents with respect to more than 20 different commodities across thermal coal, metallurgical coal, iron ore, metals, hydrocarbons, power, freight, softs, and renewables.

Established in 2015, Javelin employs over 200 people and is a unique place to grow your career. We take pride in our values, global reach, meritocratic culture and strong work ethic. Our success over the years has been built on our guiding principles of customer service, creativity, transparency, integrity, and responsibility.

Whilst our footprint grows, we still foster a small-company atmosphere. We have a flat company structure and encourage collaboration across all seniority levels, teams and locations to generate the best ideas. We are committed to the wellbeing of our colleagues and organise various social evenings, sports clubs and lunchtime activities. Our London office has on-site gym facilities and a golf/sports simulator. Discover more at http://www.javelincommodities.com/.

The Role

The Quantitative Strategies team is a crucial part of Javelin and has some of the most varied responsibilities in the organisation. We are engaged in all aspects of deal development from conception to execution and interact with almost all business areas.

Our role is similar to the Quantitative Strategist teams of investment banks and hedge funds, but the opportunity at Javelin is broader in scope and influence. Whilst the team is embedded on the trading floor and has a front office focus, our company performs significant logistical, financing, and operational activities and our group bridges all these areas. As a result, the problems that we have to solve are varied and challenging and the pace can be fast and pressurised. However, we believe that this is what makes the role exciting and fulfilling.

Responsibilities

• Translate novel physical and financial trade ideas into deal structures that can be valued and analysed
• Develop pricing models and libraries to capture new business activity
• Evaluate risk and provide analysis of trading positions to facilitate hedging activity
• Collaborate with sales teams in customer negotiations or financing facilities
• Build risk reporting frameworks for portfolio sensitivities, VAR, credit, working capital attribution and margin for a range of vanilla and exotic financial instruments
• Understand and quantify funding, accounting, and tax implications of positions
• Design booking models and systems flows for new business ventures and commodities
• Support operations, logistics and settlements teams, troubleshooting errors and advising on how to reflect new or changing contract terms
• Work closely with developers in the Technology team to enhance infrastructure such as in-house trade management and physical commodity scheduling platforms

Who We’re Looking For

We are looking for an enthusiastic, curious graduate with a strong aptitude for problem solving, pragmatic thinking and proficiency in programming. The role will be broadly split between deal structuring, project/library development in python and support (both debugging and user assistance). We are a small team with a wide range of experience and will provide immersive on-the-job training both technically and more generally in finance and trading. We look forward to sharing our knowledge and skills so that the successful candidate can prosper and cultivate a rewarding career at Javelin.

Skills and Experience Required

• Studying Mathematics, Physics, Engineering or a similar technical subject at degree or post-graduate level
• Experience with an object-oriented programming language, e.g., Python, Java, or Julia. R, Lua, Haskell etc
• Innovative thinker and problem solver
• Clear communication skills
• Proven ability to work collaboratively and under pressure
• Relevant internship placements an advantage

• Annual discretionary bonus
• 25 days holiday
• Company pension scheme (10% company contribution)
• Private medical scheme with a range of additional wellbeing benefits
• Travel insurance
• Income protection
• Life assurance (5x salary)
• Bike2Work scheme including secure storage and showers
• Season ticket loan
• Onsite gym
• Social environment with a breakout area with a golf simulator, darts board and foosball table.