A key Optimus natural gas client located in Spring, Tx and IN OFFICE daily is looking for a Quantitative/Fundamentals professional with natural gas, NGL and/or LNG experience.
Our client will consider professionals from Analyst level to Director level.
Qualified candidates, please send your resume to Jennifer.Hibbetts@optimus-us.com or your Optimus recruiter.
Job Duties & Responsibilities
Drive the design, development, and implementation of quantitative solutions to assess portfolio valuation and risk, including stochastic modeling, VaR, parametric VaR, VaR backtesting, scenario stress testing, liquidity analysis, and forward curve modeling
Develop Supply and Demand models for natural gas, LNG, power, crude oil and NGLs
Build and maintain natural gas pipeline flow models to anticipate constraints points, price dislocations, and arbitrage opportunities
Develop, calibrate, backtest, and maintain asset pricing models to assess fair economic value of real options, such as power and LNG tolling agreements, transportation contracts, natural gas storage capacity, LNG diversion optionality, and other structured energy products.
Coordinate with Risk and Trading teams to interpret, analyze, and model complex portfolio risk, including long-term structured contracts with imbedded optionality to ensure accurate valuation and risk assessment utilizing Monte Carlo simulations and/or closed-form solutions
Build and maintain Lower 48 natural gas production model for all key basins, evaluating initial production rates, rig counts, frac spreads, and decline curves
Build tools to manipulate large data sets and enable data sharing across Risk, Trading, and Marketing
Support digitalization and automation to facilitate and accelerate the flow of information across the business and minimize manual tasks
Provide direct and indirect supervision of personnel, participating in recruiting, development and training
Collaborate with internal teams for integrating the market point of view into strategic initiatives
Job Specific Skills
3+ years Experience in a quantitative and/or fundamental analyst role within a financial or energy trading organization, with a comprehensive understanding of trading, risk, and financial modeling, derivatives, options, and hedging strategies
For Director level: Minimum: 12 - 15 years related work experience in natural gas/LNG Industry
Excellent quantitative skills and knowledge in statistical methods, operational research, stochastic modeling, and Monte Carlo simulation techniques
Strong foundation in the valuation of energy derivative products, including forwards and futures contracts, volatility, correlations, basis markets, and simple and exotic options
Capabilities for modeling structured energy transactions such as natural gas storage assets, pipeline transportation, gas processing agreements, heat rate options, and power transmission
Support pre-deal evaluations and computation of performance metrics for trade books incorporating risk characteristics
Experience in coding languages with enable data gathering and transformation such as Python, SAS, or MATLAB
Familiarity with ETRM trading systems such as Endur, Allegro, ZEMA, etc.
Advanced Excel skills such as pivot tables, lookups, and VBA macros
Previous experience with quantitative risk tools (i.e. FEA, Lacima, etc.)
Strong analytical skills with experience in building models and forecasting
Advanced reasoning and problem solving, strategic thinking capability with excellent communication skills to effectively convey complex ideas to internal and external stakeholders
In-depth understanding of the natural gas, power, crude oil, NGL and LNG markets, including value chains an infrastructures
Work with Origination, Risk Management, Trading and Marketing to produce and interpret modeled valuations and to respond to intra-day trading requests to price and evaluate structured transactions
Ability to provide on-the-job training, performance assessment, coaching, motivation, and career development to employees
Knowledge of administrative procedures and management principles involved in strategic planning, resource allocation, leadership technique, and the coordination of people and resources
Ability to work under pressure with limited supervision, to formulate and articulate solutions, and to explain and defend modeling assumptions and output
Education
Minimum: Bachelor's degree in quantitative discipline such as Financial Engineering, Mathematics, Statistics, Economics, or related science and engineering fields - from accredited university
Preferred: Master's degree in quantitative field- from accredited university - Finance, Economics, Marketing, Business Management or related field
Experience
Hands on experience building and operating quantitative and stochastic models
Programming experience in Python, R, SQL, MATLAB, or similar
Knowledge of portfolio risk management principles
Knowledge of global energy markets, local regulatory agencies, public utility commissions, regional transmission grids, and natural gas pipeline systems
Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US . We are unable to provide H1 visa sponsorship at this time