Associate, Quantitative Research Analyst

Castleton Commodities International is an independent global commodities merchant. As a trader, CCI deploys capital on a proprietary basis in the physical and financial commodity markets, providing the Company with market insights and access. As a strategic investor and developer, CCI leverages its market expertise, operations capabilities, and industry knowledge to invest in, and develop, select commodity infrastructure assets. CCI focuses its activities on the markets it understands best, while constantly striving to expand its knowledge base and network of relationships in order to participate in new markets.
CCI’s Power business is fully integrated across its research platform, trading activities, and principal investing activities. The Company’s trading and investing activities are driven by its proprietary research platform and information flow from its daily activity in the wholesale power markets. CCI participates in the markets for electric energy, capacity, ancillary services, and financial transmission rights across all major power regions in North America and Europe.

Position Summary

The employee with be providing in-depth analysis of the European energy market with a focus in the EU power market. They will report directly into a senior power trader in London. The role will entail the creation and maintenance of both new and existing fundamental supply and demand models as well as pricing models, which will then be presented in a useable format for the trading team. This will allow the successful candidate to make a meaningful contribution to the desk’s trading strategies.

Responsibilities

• Perform power market research and analysis directly supporting trading activities, with a predominant focus on the short-term market
• Report and communicate data to both the research team as well as the desk’s risk takers; exploring price and fundamentals relationships
• Be a key contributor to efforts to
  • design, develop and continuously improve both fundamental supply and demand, and power pricing models, that support the desk’s trading decisions
  • support and improve the power desk’s extensive set of proprietary analytical tools
  • integrate new models within the power desk’s existing computer modeling infrastructure
• Work closely other analysts as well as with traders to identify market opportunities
• Monitor market, industry, product and pricing trends for energy related news (prompt and curve)
• Perform ad-hoc analyses for trade ideas and other projects

Qualifications

• Essential to have a PhD in Mathematics or Statistics or Physics or a related field of study
• Experience in an analytical role covering European power markets is desirable
• Individuals must exhibit strong communication skills as well as strong quantitative abilities.
• Individuals must have the ability to solve loosely defined complex problems with minimal supervision.
• Excellent computer programming skills are essential, especially Python
  • Experienced in programing in an organization with a strict version control culture
  • Experienced in optimisation, usage of mathematical solvers, LP and/or MILP. 

• Demonstrate a passion for markets, modelling, for the energy industry and show a dynamic approach to learning. Continually expand upon your existing technical knowledge.

Employee Programs & Benefits:

CCI offers competitive benefits and programs to support our employees, their families and local communities. These include:

• Competitive comprehensive medical, dental, retirement and life insurance benefits

• Employee assistance & wellness programs

• Parental and family leave policies

• CCI in the Community: Each office has a Charity Committee and as a part of this program employees are allocated 2 days annually to volunteer at the selected charities.

• Charitable contribution match program

• Tuition assistance & reimbursement

• Quarterly Innovation & Collaboration Awards

• Employee discount program, including access to fitness facilities

• Competitive paid time off

• Continued learning opportunities

Visit  https://www.cci.com/careers/life-at-cci/# to learn more!