... Driveline commodities. Behavioral Skills: * Planning & Prioritizing * Eye for details ... Strong Analytical and quantitative skills with ability to draw decisions using data and metrics.
Quick apply
... Driveline commodities. Behavioral Skills: * Planning & Prioritizing * Eye for details ... Strong Analytical and quantitative skills with ability to draw decisions using data and metrics.
Cost Engineer
Auburn Hills, MI · On-site
... assigned Driveline commodities. Behavioral Skills: Planning & Prioritizing Eye for details ... Excellent communication skills, both verbal and written Strong Analytical and quantitative skills ...
Quick apply
Cost Engineer
Auburn Hills, MI · On-site
... assigned Driveline commodities. Behavioral Skills: Planning & Prioritizing Eye for details ... Excellent communication skills, both verbal and written Strong Analytical and quantitative skills ...
Commodities Quant information
What are Commodities Quants?
Commodities Quants are quantitative analysts who specialize in the commodities markets, such as energy, metals, and agricultural products. They use mathematical models, statistical techniques, and programming skills to analyze market trends, price movements, and risk factors specific to these physical goods. Their work supports trading, risk management, and investment strategies in commodity-focused financial institutions or trading firms. Commodities Quants play a key role in pricing derivatives, optimizing portfolios, and developing trading algorithms tailored to the unique characteristics of commodity markets.
What are the key skills and qualifications needed to thrive as a Commodities Quant, and why are they important?
To thrive as a Commodities Quant, you need advanced quantitative skills, a strong foundation in mathematics or finance, and typically a degree in a quantitative field such as physics, engineering, or statistics. Expertise in programming languages like Python, C++, or R, and experience with statistical modeling software and market data systems are crucial. Analytical thinking, attention to detail, and effective communication help you interpret complex data and convey insights to multidisciplinary teams. These skills enable accurate pricing, risk management, and strategy development in the fast-paced, data-driven commodities markets.
How do Commodities Quants typically collaborate with traders and risk managers in their daily work?
Commodities Quants frequently work closely with traders and risk managers to develop and refine pricing models, analyze market trends, and implement trading strategies. They may spend part of their day discussing market scenarios with traders, running quantitative analyses, or optimizing risk metrics for the desk. This collaborative environment ensures that quantitative insights are directly aligned with trading objectives and risk guidelines, allowing for rapid feedback and iterative improvements to models or strategies. Effective communication and teamwork are essential, as the ability to translate complex quantitative findings into actionable insights often determines the impact of a Quant's work.
What are popular job titles related to Commodities Quant jobs in Michigan? For Commodities Quant jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Commodities Quant jobs in Michigan look for? The top searched job categories for Commodities Quant jobs in Michigan are:
What cities in Michigan are hiring for Commodities Quant jobs? Cities in Michigan with the most Commodities Quant job openings:
Contractor
Re-posted 10 days ago
Job description
Position Name: Cost Engineer –Engine & Propulsion system
Location: Auburn Hills, MI
Key words to search Should costing, Automotive, Engine & Propulsion Systems & Parts, Manufacturing , Casting’s, Forging, Machining, Stamping & Welding, Tooling & fixtures
JD:
Location: Auburn Hills, MI
Key words to search Should costing, Automotive, Engine & Propulsion Systems & Parts, Manufacturing , Casting’s, Forging, Machining, Stamping & Welding, Tooling & fixtures
JD:
Essential Technical skills:
- Work experience in manufacturing and costing Field
- Solid technical knowledge in iron & aluminum casting, forging, machining, turning, grinding, stamping, welding process and final assembly
- knowledge of forming tools and fixtures knowledge and their related costs
- Supplier negotiation
- Bachelor’s in mechanical engineering or manufacturing from ABET accredited university and experience in manufacturing processes in combination with relevant experience in developing EDD, variable and/or tooling costs for automotive components.
- Minimum 5 years’ work experience in manufacturing or costing.
- Solid technical knowledge in iron & aluminum casting, forging, machining, turning, grinding, stamping, welding process and final assembly.
- Good level of proficiency in English
- Ability to transform manufacturing processes into specific costs,
- Basic knowledge of forming tools and fixtures knowledge and their related costs
- Activity based costing experience and experience in cost model development.
- Detail oriented with ability to manage multiple programs and cost details simultaneously.
- Good leadership, interpersonal and communication skills (written and oral).
- Design to cost ability for the new components
- The Cost Engineer will be responsible for developing technical variable and tooling costs for Engine and adapted Engine components and systems using activity-based costing methodologies while working from BOM (Bill of Materials), drawings and/or samples. The selected candidate provides subject matter expertise to support engineering and purchasing at working levels and to executive leadership through all development phases. The Engineer must be curious, persistent and innovative. The Engineer must have the ability to analyze supplier quotes and reach agreement on appropriate EDD (Engineering Design & Development), Additionally, the Engineer needs to be able to interact with the team in Design to Cost initiatives and benchmarking. Piece cost and tooling cost. The selected candidate must understand the elements of piece cost and investment for various manufacturing processes typical to produce assigned Driveline commodities.
- Planning & Prioritizing
- Eye for details
- Communication – Assertive, Persuasive
- Interpersonal skills
- Problem solving skills
- Advanced Degree in Engineering or Manufacturing or Business.
- Proficiency in NX and Teamcenter.
- Required Automotive industry experience.
- Automotive cost reduction/ Should cost experience.
- Flexibility to work in a fast-paced environment.
- Excellent communication skills, both verbal and written
- Strong Analytical and quantitative skills with ability to draw decisions using data and metrics.
About FiSec Global
Sourced by ZipRecruiter
Industry
It services
Company size
201 - 500 Employees
Headquarters location
Fremont, CA, US
Year founded
2015