Quantitative Researcher - Discretionary Oil

Squarepoint Capital • Houston, TX

54d • $150,000 - $165,000 • Onsite

About The Position

Squarepoint Services US LLC seeks a Quantitative Researcher - Discretionary Oil for its Houston, Texas location. This role involves designing, developing, and refining fundamental supply-and-demand models for global crude oil markets, incorporating econometric techniques, statistical forecasting methods, and domain-specific variables. The goal is to generate actionable market outlooks for the trading desk. The position also requires architecting and enhancing quantitative analytics and data visualization tools, conducting rigorous quantitative analyses of short-term market dislocations, developing data validation frameworks, and overseeing automated data ingestion pipelines. The researcher will independently formulate and present proprietary trade ideas to senior traders and portfolio managers.

Requirements

• Minimum of a Master’s degree or foreign equivalent in Financial Engineering
• 1 year of experience as a Graduate Quantitative Researcher, Junior Fundamental Analyst, or related position for an investment/asset management organization.
• At least one (1) year of employment experience with modeling using Python
• At least one (1) year of employment experience with supply and demand modeling for Cushing, Canada, and USGC Crude
• At least one (1) year of employment experience with curating, analyzing, transforming, storing, and documenting unique data sets for the purposes of supply and demand construction
• At least one (1) year of employment experience applying quantitative standards to research and documenting results

Responsibilities

• Design, develop, and refine fundamental supply-and-demand models for global crude oil markets, incorporating econometric techniques, statistical forecasting methods, and domain-specific variables such as production capacity, refinery utilization, inventory dynamics, trade flows, and geopolitical risk factors to generate actionable market outlooks for the trading desk.
• Architect and enhance proprietary quantitative analytics and data visualization tools using Python, SQL, and statistical libraries, enabling the desk to semi-systematically evaluate trade hypotheses, backtest market signals, and identify dislocations across derivatives oil complex.
• Conduct rigorous, time-sensitive quantitative analyses of short-term market dislocations, including supply disruptions, regulatory shifts, policy changes, and data releases, synthesizing structured and unstructured data sources to formulate probabilistic trade recommendations with defined risk-reward parameters.
• Develop and implement semi-systematic data validation frameworks to assess the integrity, completeness, and timeliness of proprietary and third-party commodity market datasets, applying statistical anomaly detection methods to identify and remediate data quality issues.
• Oversee and optimize automated data ingestion and transformation pipelines for fundamental market data, ensuring reliable integration of heterogeneous data sources into the desk's modeling and analytics infrastructure.
• Independently formulate and present proprietary trade ideas to senior traders and portfolio managers by synthesizing outputs from fundamental supply-demand models, applying advanced statistical reasoning and domain expertise in global oil markets to identify asymmetric risk-reward opportunities across the physical and derivatives crude oil complex.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level