Quantitative Trading Analyst

SESCO Enterprises, LLC; Monroeville (Allegheny County); On-site; USD 90,000 - 120,000; Full time

Job summary

A proprietary commodities trading firm is seeking a highly skilled Quantitative Trading Analyst to deploy trading solutions in electricity markets. The ideal candidate will have a strong background in quantitative analysis, programming, and will work in a collaborative environment to solve complex problems. Responsibilities include developing strategies and optimizing portfolio construction. Competitive compensation is offered.

Qualifications

• Strong foundation in probability and statistics required.
• Experience managing multiple projects in a fast-paced environment is essential.
• Familiarity with power markets preferred but not mandatory.

Responsibilities

• Deploy trading solutions and develop strategies in electricity markets.
• Solve complex quantitative and technical problems collaboratively.
• Develop statistical and simulation-based models.

Skills

Quantitative analysis

Python programming

Machine learning techniques

Probability and statistics

Problem-solving

Collaboration

Education

Undergrad or master's in technical discipline

Tools

NumPy

Pandas

SciPy

Dask

Ray

Streamlit

Job description

SESCO Enterprises, LLC is a proprietary commodities trading firm specializing in U.S. electricity markets. We leverage deep market insights and advanced quantitative analysis to drive results and contribute to the efficiency and reliability of the power grid.

Quantitative Trading Analyst

We are seeking a highly skilled Quantitative Trading Analyst to join our team. In this role, you will be responsible for deploying trading solutions, developing strategies, and optimizing portfolio construction in electricity markets. The ideal candidate will possess a strong background in quantitative analysis, computer science, programming, and deep research skills.

As a Quantitative Trading Analyst, you will:

• Work to solve complex quantitative and technical problems in collaboration with a team of skilled traders and quantitative researchers.
• Work in an iterative and highly dynamic environment that encourages collaboration and continuous improvement.
• Combine software development expertise with mathematical and optimization techniques to develop statistical and simulation-based models for trading, investment decisions, and forecasting.
• Create and maintain systems that integrate structured and semi-structured data into robust models used for scenario analysis and probabilistic outcomes.

Our Approach

At SESCO we embrace a hacker mindset to develop elegant, efficient, and impactful solutions to real-world challenges in electricity markets.

• Problem-Solving: We thrive on solving tough problems with creativity and rigor.
• Collaboration: We value a highly collaborative environment that blends diverse expertise.
• Innovation: Electricity markets demand innovative solutions to account for incomplete information and complex dynamics.

Qualifications

• Undergrad or master's in a technical discipline (e.g., Mathematics, Statistics, Physics, Economics, Engineering) or equivalent professional experience with progressive responsibilities.
• Strong foundation in probability and statistics, with working knowledge of machine learning techniques preferred.
• Expertise in Python and related libraries (e.g., NumPy, Pandas, SciPy, Dask, Ray, Streamlit).
• Proven ability to design and implement mathematical models and handle large, complex datasets.
• Experience managing multiple projects in a fast-paced, dynamic environment.
• Understanding of origination, trading exposure, and financial implications and familiarity with power markets preferred but not required.