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Commodity specialist

Slough
Carnegie Consulting
Posted: 17 November
Offer description

Commodities Analyst – Global Multi-Strategy Hedge Fund

Location: London

Compensation: Highly competitive base + performance-linked bonus

Reporting to: Portfolio Manager, Commodities


The Opportunity

We are partnering with a leading multi-strategy hedge fund seeking a Commodities Analyst to join an established and high-performing team in London. The role offers the opportunity to work directly alongside a senior Portfolio Manager, contributing to investment decisions across the global commodities complex.

You will play a key role in idea generation, research, and analysis, supporting the team’s discretionary trading and relative value strategies across energy, metals, and agricultural markets.

This is an opportunity for a commercially minded, intellectually curious analyst who thrives in a fast-paced, data-rich environment and wants to contribute directly to P&L impact.


Key Responsibilities

* Conduct fundamental and quantitative research across global commodity markets, including supply/demand dynamics, trade flows, inventory trends, and pricing structures.
* Build and maintain detailed models to forecast production, consumption, and inventory balances across key markets (oil, gas, power, metals, agriculture).
* Generate investment ideas that inform directional, relative value, and curve strategies.
* Monitor and interpret macro, geopolitical, and policy developments affecting commodities.
* Work closely with the PM and traders to translate research insights into actionable trades.
* Analyse and track risk factors, correlations, and cross-asset linkages relevant to the portfolio.
* Maintain relationships with industry contacts, research providers, and data sources to enhance information flow.
* Present research findings and investment theses clearly and concisely to the team.


Ideal Candidate Profile

* 3–8 years’ experience in commodities research, trading, or analytics, ideally within a hedge fund, investment bank, trading house, or major commodity merchant.
* Deep understanding of fundamental drivers in at least one major commodities vertical — energy, metals, or agriculture.
* Strong analytical and quantitative skills, with expertise in Excel and Python/R/SQL a plus.
* Ability to build and maintain complex models (e.g., supply-demand, cost curves, spread analysis).
* Excellent communication and presentation skills — able to distil complex data into clear, actionable insights.
* Intellectual curiosity, humility, and a collaborative mindset — able to thrive in a high-intensity, performance-driven environment.
* Bachelor’s or Master’s degree in Economics, Finance, Engineering, Mathematics, or a related discipline.


Why Apply

* Direct exposure to a top-performing Commodities PM and highly experienced traders.
* Flat, meritocratic structure — your work directly impacts portfolio decisions.
* Exceptional compensation structure with clear upside for performance.
* Access to best-in-class data, infrastructure, and research tools.
* Join a growing team within one of the most respected hedge fund platforms globally.

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