Commodities Analyst at Citadel and similar roles
Hi,
I'll be working as a Commodities Analyst at Citadel (or similar firm) starting next summer and am really excited for this opportunity! I was choosing between my current role and prop trading at some quant shops (e.g. Optiver, JS) but enjoyed my summer internship experience in a similar role and decided to return to the industry. I know it's late to be asking this having already made my decision, but I was wondering what kind of opportunities would be available to me after working for 2-3 years? Ideally I'd stay and eventually become a PM but would like to see what other avenues are available. If I was in prop trading I could switch to another quant shop as a trader or perhaps do more QR type work, but I think my experience might pigeonhole me into a commodities specific role since a lot of the skills I develop will be about understanding commodity fundamentals/ad hoc commodities modeling and analysis work rather than the MM type trading strategies that most prop shops employ.
I have a general sense of what physical traders at places the supermajors/trading houses do, most stay or switch between various physical shops or perhaps transition into position taking with paper/derivatives. But, I'll most likely be learning how to trade paper. I wonder if this will put me at a disadvantage compared to the physical traders who gain a lot of insight into the physical markets from their years spent as ops/schedulers? Just spitballing here.
Thanks!
Assuming your in the CT office?
Citadel is pretty large in the physical nat gas space, probably equally or similarly large in the other commodities and people seem to work there for quite some time once they land the roles.
Learn from those PMs and move on up, collect that $$!
Would I be right in assuming that landing the PM spot (which I've seen some do quite fast, i.e. in their 20s) is the end goal for all traders in the commodities space? I assume that but also see PMs/traders jump between various commodity funds every few years, would've guessed that they'd find a place they like and just stay.
QR or S&T?
You think too much. First focus on getting good at the job Citadel is gonna pay you for.
Valid point, I'm still in school right now so not much to do that's relevant to my future career besides worry about it lol
What were they looking for in candidates cuz I applied and didn’t even get a look.
I had experience interning in a similar role
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