Quant jobs / Goldman Sachs

Commodities Strat

A desk strat role on the commodities trading floor, covering gas, power, oil products and metals. You build pricing models and tools for traders, sales and structuring.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Maintain derivative pricing models for gas and power, oil products and metals
Price bespoke client option deals and advise traders on hedging
Support physical commodity and structured financing transactions
Work with engineering on risk (Greeks), P&L attribution and quoting systems
Help expand the business into new products and regions

What they ask for

Required

Commodity market experience
Option pricing models
Object-oriented programming in Python or C++
Strong academic record in physics, maths, engineering or computer science
Communication

Education: Excellent academic record in physics, maths, engineering or computer science
Experience: Prior commodity markets experience; years not stated
Languages and tools: Python
C++
Markets: commodities, options

How to prepare

Price Asian and spread options on gas or power forwards
Learn commodity curve construction and seasonality
Read about physical delivery, storage and basis in energy markets
Build a Greeks and P&L attribution report for a small options book

What to study

The Energy Quant roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Goldman Sachs’s site before applying: requirements, location and pay can change after we check them.

View the posting on Goldman Sachs’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Goldman Sachs and doesn’t handle applications.