Senior Quantitative Analyst – Commodities Modeling & Valuation

Chevron Corp.; Greater London; Hybrid; GBP 100,000 - 140,000; Full time

Job summary

Chevron is seeking a Senior Quantitative Analyst to develop and validate models for commodity pricing, risk assessment, and portfolio optimization in London-based teams. You will implement robust code, upgrade models, and deliver quantitative analyses to inform commercial decisions.

The role requires strong Python and C++ skills, a graduate degree in a quantitative field, and experience valuing options in trading or risk management. Collaboration across locations is valued.

Qualifications

• Master’s degree or above in a quantitative field is required.
• Option valuation experience in trading or risk management is essential.
• Strong grasp of optimization, probability, stochastic calculus and finance.
• Proficiency in Python and C++; Java knowledge is a plus.
• Ability to explain model outputs clearly to stakeholders.
• Experience using AI-assisted development tools to boost productivity.

Responsibilities

• Implement, validate, and support models/tools for asset deals and portfolios.
• Value and optimize commodity portfolios in liquid and illiquid markets.
• Deliver high-quality code and meet predefined deadlines.
• Update models/tools as quantitative methods evolve.
• Provide quantitative analyses to support commercial decisions.

Skills

Python

C++

AI-assisted tools

Education

Master's degree or above in a quantitative discipline such as Quantitative Finance, Engineering, Physics, Mathematics, Statistics, or equivalent

Tools

GitHub Copilot

Cursor

Claude Code

Job description

Chevron is seeking a Senior Quantitative Analyst to develop and validate models for commodity pricing, risk assessment, and portfolio optimization in London-based teams. You will implement robust code, upgrade models, and deliver quantitative analyses to inform commercial decisions.

The role requires strong Python and C++ skills, a graduate degree in a quantitative field, and experience valuing options in trading or risk management. Collaboration across locations is valued.