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Commodities Quant Jobs in Commack, NY (NOW HIRING)

A well-established quantitative portfolio management team at Point72 is looking for an experienced ... Develop systematic trading models across global futures (equity indices, commodities and fixed ...

A well-established quantitative portfolio management team at Point72 is looking for an experienced ... Develop systematic trading models across global futures (equity indices, commodities and fixed ...

Role Quantitative researcher to help build out a systematic macro (futures, FX, and vol) strategies ... Develop systematic trading models across FX, commodities, fixed income, and equity markets * Alpha ...

Role Quantitative researcher to help build out a systematic macro (futures, FX, and vol) strategies ... Develop systematic trading models across FX, commodities, fixed income, and equity markets * Alpha ...

... Commodities and Energy across all major global markets. We have also leveraged our expertise and ... As a Quantitative Developer / Research Engineer, you will be an early member of the team with ...

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Commodities Quant information

See Commack, NY salary details

$101.5K

$175.8K

$268.7K

How much do commodities quant jobs pay per year?

As of Sep 7, 2026, the average yearly pay for commodities quant in Commack, NY is $175,762.00, according to ZipRecruiter salary data. Most workers in this role earn between $139,300.00 and $206,100.00 per year, depending on experience, location, and employer.

What is a commodities quant?

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.

How does a commodities quant 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 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.

What are popular job titles related to Commodities Quant jobs in Commack, NY?

For Commodities Quant jobs in Commack, NY, the most frequently searched job titles are:

What cities near Commack, NY are hiring for Commodities Quant jobs?

Cities near Commack, NY with the most Commodities Quant job openings:

Quantitative Researcher

Millennium Management LLC

New York, NY • On-site

$160K - $250K/yr

Full-time

Re-posted 10 days ago


Millennium Management rating

7.0

Company rating: 7.0 out of 10

Based on 12 frontline employees who took The Breakroom Quiz


Job description

Quantitative Researcher
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium's mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Meet the Team
Millennium's Global Risk Management Department is responsible for identifying, measuring, monitoring, managing and reporting on the risks associated with Millennium's portfolios at the Firm-wide and Portfolio Manager levels, with a focus on the market, credit and liquidity risks the Firm faces in the course of its business. At the Portfolio Manager level, the team establishes and monitors trading parameters, risk guidelines and performance metrics across three regions and multiple product classes, and also monitors aggregations of risk up to the full Firm-wide level. Within Risk Management, the Quantitative Strategies team is a collaborative and entrepreneurial investment team that develops quantitative investment strategies across asset classes, including equities, fixed income, commodities, credit and FX, and across a broad set of instruments spanning futures, forwards, options, swaps and cash products. The team works across the full research lifecycle: idea generation, data sourcing, signal development, model implementation, backtesting, portfolio construction and live strategy refinement.
What You'll Do
  • Conduct original research and develop systematic investment strategies across all asset classes, including equities, rates, commodities, credit, and FX.
  • Generate and test new research ideas using financial intuition, statistical learning, and large, diverse datasets.
  • Build and improve research infrastructure, including data pipelines, signal analytics, backtesting tools, and portfolio analytics.
  • Analyze strategy performance with attention to robustness, implementation, transaction costs, liquidity, and risk exposures.
  • Research opportunities across futures, forwards, options, swaps, and cash instruments, including relative value, directional, and cross-asset themes.
  • Partner closely with portfolio managers, researchers, and technologists to move ideas from research into production.
  • Monitor live strategies and refine models based on empirical results and changing market behavior.

What You Bring
  • Advanced degree in an applied quantitative field such as statistics, econometrics, computer science, engineering, operations research, financial engineering, applied mathematics, or data science; PhD preferred but not required, and exceptional candidates with a Bachelor's or Master's degree or equivalent industry experience will also be considered
  • Excellent Python skills, including experience with common scientific/data libraries such as pandas, NumPy, SciPy, Polars, scikit-learn, or similar tools, and the ability to build clean, scalable research code.
  • Strong grounding in statistics, probability, optimization, and empirical modeling, with rigorous model evaluation and healthy skepticism around overfitting.
  • Experience working with large financial datasets, market data, and reproducible research workflows.
  • Ability to build clean, scalable research code and evaluate models rigorously.
  • Experience in quantitative research, systematic investing, hedge funds, asset management, or related research environments, with a preference for training rooted in applied problem-solving rather than purely theoretical work.
  • Strong preference for experience in QIS (Quantitative Investment Strategies), systematic equities, cross-asset, or multi-asset derivatives research, especially tail hedging strategies; experience researching or trading systematic equities, credit, or volatility is highly desirable.
  • Familiarity with derivatives and implementation considerations across options, swaps, and forwards; experience with machine learning, trading cost analysis, or intraday strategy research is helpful but not required.
  • Intellectual curiosity and genuine interest in markets and alpha research, creativity and proactive problem-solving, and the demonstrated ability to conduct independent research, communicate results clearly, and work independently in a transparent, collaborative team.

Salary Range
Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.

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