Quantitative Analyst – LNG
ConocoPhillips
- Location
- Houston, TX
- Work model
- On-Site
- Level
- Mid
- H-1B history
- 3 approvals (FY2023)
- Posted
- Sep 8, 2026
About this role
Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization. We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart. Fostering an Inclusive Work Environment To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.
Job Summary
We are seeking a high-caliber Quantitative Analyst to join our team supporting global LNG trading, origination, structuring and portfolio optimization. The position sits within a centralized, multi-commodity quantitative analytics team and your work will directly influence trading decisions, deal structuring, portfolio value extraction, and risk management across cargo optimization, medium-term structures, and long-term SPAs. You will hold model ownership for the optimization and valuation engine at the core of our long-term LNG platform — accountable for optimization logic, constraint formulation, engine mathematics, model performance, and the commercial defensibility of the valuations it produces — and will partner directly with Structuring & Origination on high value, complex transactions. This role may require periodic international travel to our London and Singapore trading offices, up to 10% of the time.
Position
Overview Key Responsibilities Technical Leadership & Model Development Own and evolve the optimization logic, constraint formulation, and mathematical engine underpinning our LNG portfolio valuation platform. Support deal structuring on complex transactions, providing independent quantitative challenge on methodology, assumptions. Extend the platform to accommodate new contract types, pricing structures, and market features as the origination pipeline evolves, including structures the current model cannot yet represent. Manage solver performance and runtime, model scalability, and the compute economics of running large batches of parallel scenario and optimization cases. Lead model validation and assurance activity: back-testing, stress testing, sensitivity analysis, synthetic and edge-case test construction, benchmarking against accepted external references, and reconciliation of model output against independent calculation. Develop pricing frameworks for optionality that standard valuation does not adequately capture — spread options, swing and flexibility valuation, compound and embedded structures, and non-standard indexation. Deliver model outputs that stand up to scrutiny: intrinsic and extrinsic value decomposition, profit attribution by source, hedging analytics, and stochastic cash flow distributions. Maintain rigorous model documentation, automated test coverage, release notes, versioned assumptions, and calculation lineage sufficient to withstand internal audit and independent peer review. Collaborate with Commercial IT, data engineering, and data science teams on productionization, data pipeline integrity, and release validation — retaining full ownership of the underlying mathematics. Contribute reusable components — curve handling, calendars, optimization building blocks, scenario frameworks