background image

Quantitative Demand Analyst

View all jobs
Job Location
Houston
Employment Type
Regular
Department
Trading
Targeted Start Date
Immediate

DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the markets have evolved over the past 25 years, so has DRW – maximizing opportunities to include real estate, cryptoassets and venture capital. With over 1000 employees at our Chicago headquarters and offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It’s a place of high expectations, deep curiosity and thoughtful collaboration.

Our Energy Trading team is currently seeking a Quantitative Demand Analyst who will be responsible for demand modeling and forecasting.  This role will be based in our Houston office.

Responsibilities:

  • Manage demand data to provide specificity on demand type (e.g., Power burn, Residential, Commercial, and Industrial for the Continental United States, Canada, Mexico, Europe and Asia)
  • Model demand sensitivity to prices to understand price setting mechanisms that drive fundamental balances
  • Analyze all datasets available that could provide edge in real time power burn demand for natural gas
  • Curate historical changes to power generation capacity to understand current and future changes to gas demand
  • Manage information on Industrial projects (new, expansions, and retirements) to inform forward expectations of industrial demand)
  • Understand the relationship between economic cycles (GDP up, GDP down) and demand
  • Quantify the impact of weather on demand and forecast weather scenarios to understand impact to estimated storage inventory.
  • Communicate with power trading group to understand areas where gas and power intersect and potential impacts on each market
  • Trade concept back-testing
  • Generate fundamental driven trade ideas
  • Contribute to general market discussion and debate

Qualifications:

  • 3-5 years of quantitative experience in energy
  • Prior experience with demand modeling and forecasting for natural gas
  • Proficient in Python and SQL

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

#LI-GV1