Location: Singapore
Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, technology and operations and attribute our success to rigorous scientific research. As a technology and data-driven firm, we design and build our own cutting-edge systems, from high performance trading platforms to large scale data analysis and compute farms. With offices around the globe, we emphasize true, global collaboration by aligning our investment, technology, and operations teams functionally around the world. Building on our quantitative research platform and process-driven approach, Squarepoint also runs discretionary strategies to augment our systematic approach and monetize opportunities which may not be suitable to be traded in a systematic strategy.
Responsibilities:
Model development
- Drive the development of Squarepoint Asian Base Metal (S&D) balances:
- Keep track of S&D imbalances and explore the sources of those imbalances.
- Connect and collaborate with Squarepoint’s metal desk in London to integrate data and findings into the desk view. A particular emphasis should be put on traditional demand drivers and energy transition demand.
- Create models and scenarios stressing S&D variables and one-off events.
- Onboard new sources of fundamental data for the development and improvement of supply demand models, trade flow matrices and cash markets monitoring. A particular emphasis will be put on industrial and demand data for China and the rest of Asia.
- Carry systematic surveys with our physical business counterparts and integrate results within Squarepoint technical infrastructure.
Model monitoring
- Monitor skill of S&D against realized inventories.
- Monitor model inputs to ensure that model results are always to industry-leading standards.
- Monitor changing regulatory environment to include updates into models.
Analysis and trade recommendations
- Participate in industry events and field trips to follow trends and developments.
- Drive fundamental risk modeling of existing trading positions from model.
- Propose, support and follow trade deas centered around base metals:
- Generate/update fundamental dashboards on demand or the trading team.
- Record and track trade ideas through Squarepoint dedicated system.
- Work with the extended research team to synthesize in-house S&Ds forecasts and monitor trade ideas.
- Conduct analysis on Asia regional S&D, end-user forecast, trade flow etc
Requirements:
· Strong understanding of Copper in Asia and detailed related SnD balance. Knowledge of Aluminum, Iron Ore and/or Nickel fundamentals in Asia is a plus.
· Specific focus on demand drivers as well as smelting/refining and semi-manufacturing dynamics is a plus.
· Strong expertise in fundamental analysis framework
· Solid existing network with Chinese base metal industrials (including on site visits). Knowledge of local vendors is a plus.
· Experience in top miner, physical trader and investment fund
· Good documentation skills (able to properly document models).
· Desire to interact with traders and other analysts on a frequent basis.
· Fluent in Mandarin and English.