Junior Energy Quantitative Analyst

Macquarie Bank Limited; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Annual leave (25 days)

Wellbeing leave

Paid parental leave

Paid volunteer leave

insurance benefits

Learning and development opportunities

Hybrid working arrangements

Job summary

Macquarie Bank Limited seeks a motivated early career professional to join as a Junior Energy Quantitative Analyst in Houston. The role focuses on derivatives pricing and physical asset modelling within Commodities and Global Markets, assisting senior quants and trading desks. Ideal candidates will have a strong academic background in quantitative disciplines, programming skills (Python preferred), and some experience in a related field. The position offers a supportive team environment and various wellbeing benefits including annual leave and parental leave.

Qualifications

• 0–3 years of experience in a quantitative, analytical, or financial modelling role; experience in energy markets is a plus.
• Strong academic background in a quantitative discipline such as mathematics, physics, engineering, or computer science.
• Foundational knowledge of energy markets (power and/or gas) and quantitative techniques.

Responsibilities

• Provide quantitative support to traders and assist in developing quantitative models and tools.
• Research and implement valuation and optimisation models for physical assets.
• Contribute to industrialising existing pricing and data analysis tools.

Skills

Quantitative analysis

Problem-solving

Communication skills

Attention to detail

Education

B.S., M.S., or Ph.D. in a quantitative discipline

Tools

Python

C++

SQL

Job description

We are seeking a motivated early career professional to join our team as a Junior Energy Quantitative Analyst, with a focus on derivatives pricing and physical asset modelling within our Commodities and Global Markets group. This role will be based in our Houston office.

As part of the Quantitative Strategist team, you will support senior quants and trading desks by applying quantitative methods to develop and maintain models used for energy derivatives valuation and physical asset optimization. The role is designed to build foundational experience while contributing to revenue generation, operational efficiency, and risk management.

Success in this role will be driven by a strong interest in quantitative problem solving, a desire to learn innovative modelling techniques, and the ability to deliver accurate, scalable solutions. Effective communication skills, intellectual curiosity, and the ability to collaborate with traders and other stakeholders in a fast paced environment are essential.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We’re a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

Provide quantitative support to traders, structurers, and risk managers and assist in the development and maintenance of production‑grade quantitative models and analytical tools. Research and implement valuation and optimisation models for physical assets such as power plants, storage facilities, and renewable energy projects. Contribute to the industrialisation of existing pricing, risk, and data analysis tools for front‑office platforms and support scenario analysis and simulations to aid trading strategy and decision making.

What you offer

• 0–3 years of experience in a quantitative, analytical, or financial modelling role; experience in energy markets is a plus.
• A strong academic background with a B.S., M.S., or Ph.D. in a quantitative discipline (e.g., mathematics, physics, engineering, computer science, or related field).
• Proficiency in at least one programming language such as Python, with exposure to C++, SQL, or similar languages preferred.
• Foundational knowledge of energy markets (power and/or gas) and quantitative techniques, including numerical methods, optimisation, or stochastic processes.
• Strong analytical and problem‑solving skills, attention to detail, and the ability to work collaboratively in a fast‑paced environment.
• This is an excellent opportunity to develop deep quantitative and commercial expertise as part of a global team closely aligned with revenue‑generating activities.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you.

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave
• 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• 2 days of paid volunteer leave and donation matching
• Benefits and initiatives to support physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
• Access to an Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work‑from‑home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Empowering all kinds of bright and driven people

We are committed to providing an inclusive environment for all that values and respects different experiences, skillsets and perspectives. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.
We provide reasonable accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.