Quantitative Trading Analyst (Calgary, Alberta)

Req ID: 451455 

BASIC PURPOSE: This position will support Musket Energy Canada, ULC and will be based out of Calgary, Alberta. This role will focus on developing and maintaining supply/demand and pricing models, conducting market research, building analytical trading tools, and generating insights that drive trading decisions

MAJOR RESPONSIBILITIES: 

• Develop and maintain supply/demand models for crude oil and condensate markets in North America; ensure local models are consistent across geographies. 
• Collect and clean large datasets from various sources, ensuring data accuracy and relevance for analysis. Manage pricing, crude quality, production, and pipeline data across multiple markets.
• Develop and run models to evaluate condensate equalization in Canada.
• Develop and maintain quantitative models to value storage, pipeline, and refinery assets. 
• Collaborate with traders and analysts to support and challenge trading strategies.
• Conduct market research and statistical analyses on crude oil and products transportation flows.
• Other duties assigned as needed.

EDUCATION AND EXPERIENCE:  

Education:  

• Bachelor’s or graduate degree in Finance, Economics, Mathematics, Statistics, Engineering, or a related field required.

Experience:            

• 3+ years in commodities trading space (front or mid-office).
• Experience working with near-term supply/demand balances in a trading environment.
• Advanced training in mathematics, statistics, physics, computer science, or another quantitative field.

• Familiarity with optimization of trading assets such as pipeline space and storage.
• Knowledge of blending crude oil grades to pipeline specifications and relevant impacts on local markets.

• Prior experience working in a data driven research environment.

SKILLS AND PHYSICAL DEMANDS: 

Skills:  

• Understanding of North American crude oil and product market fundamentals.

• Detailed knowledge of how to seek and manage fundamental source data.

• Proficiency in programming languages such as Python or R.
• Strong knowledge of statistical analysis, machine learning techniques, and data visualization.
• Strong analytical and problem-solving skills with the ability to interpret complex data and develop actionable insights.

• Quantitative finance skills (including theoretical and practical knowledge of financial and real options).

• Excellent written and verbal communication skills, with the ability to present complex information in a clear and concise manner.
• Ability to think independently to influence and challenge trading views. 
• Detail oriented, hard working and able to adapt to a wide range of evolving tasks.

Typical Physical Demands:  

• Requires prolonged sitting, some bending and stooping.
• Occasional lifting up to 25 pounds.
• Manual dexterity sufficient to operate a computer keyboard and calculator.
• Requires normal range of hearing and vision.

Job Function(s): Information Technology 

Love’s has been fueling customers’ journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The company’s core business is travel stops and convenience stores with more than 630 locations in 42 states. Love’s continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love’s serves and maintaining an inclusive and diverse workplace are hallmarks of the company’s award-winning culture.

The Love’s Family of Companies includes:

• Gemini Motor Transport, one of the industry’s safest trucking fleets.
• Speedco and Love’s Truck Care, the largest oil change and preventive maintenance and total truck care network.
• Musket, a rapidly growing, Houston-based commodities supplier and trader.
• Trillium, a Houston-based alternative fuels expert.
• TVC Pro-driver, a commercial driver’s license (CDL) protection subscription service.