Full-Time
Quantitative Analyst
Strategy, Planning & Business Analysis
Posted on 10/4/2025
Chevron Corporation
10,001+ employees
Global oil, natural gas exploration, refining
No salary listed
London, UK
In Person
Relocation will not be considered.
 Quantitative Finance (2) |
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- Master’s degree or above in a quantitative discipline such as Quantitative Finance, Engineering, Physics, Mathematics, Statistics or equivalent.
- A minimum of 5 years’ experience in developing option pricing models as a Quantitative Analyst in a trading environment is required.
- Good understanding of optimization principles, probability, stochastic calculus, and financial concepts.
- Proficiency in Python / C++ required.
- Good interpersonal skills, both with team colleagues and stakeholders.
- Proven ability to work within a complex team and stakeholders.
- Ability to communicate model outputs and analysis results in a clear, simple, and concise manner.
- Fluency in English required.
- Implement, validate, and support existing and new models/tools, and use them to value and optimize new LNG deals, including their embedded optionality, that add value to, and support growth of, the portfolio in both liquid and illiquid markets.
- Identify value drivers and risks inherent in the transactions. Work will cover all types of LNG deal terms - short-, medium-, and long- term.
- Support portfolio optimization and valuation of optionality across the traded commodities.
- Deliver high-quality code, including reviewing and improving the existing code within pre-defined deadlines.
- Remain knowledgeable about the development of quantitative models and techniques, and upgrade models/tools where appropriate.
- Provide relevant quantitative analyses to assist the commercial decision-making process.
- Prior exposure to Energy Markets (e.g., LNG, gas, power, or environmental product markets) is advantageous.
- Knowledge of additional languages (e.g., Java) is advantageous.
- Experience in working across multiple locations highly desirable.
Chevron is a global energy company that develops and supplies oil, natural gas, and other energy products. It operates across the energy value chain, from exploring and producing crude oil and natural gas to refining, distributing, and selling fuels and related products. Its system includes upstream activities to find and extract energy, downstream activities to refine and market products, and investments in other energy sectors. Chevron differentiates itself through a long history of growth via strategic acquisitions, expansion beyond oil into natural gas and additional energy fields, and an integrated approach that combines exploration, production, refining, and marketing at scale. The company aims to maintain leadership in the global energy market by adapting to industry changes and expanding its energy mix to meet demand while delivering value to shareholders.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Ramon, California
Founded
1879
Simplify's Take
What believers are saying
- Production surged 15% to 3.9 million BOED in Q1 2026.
- $10 billion through 2028 funds renewables, hydrogen, and carbon capture.
- Share price rose 48.5% past year; returned $6 billion Q1.
What critics are saying
- Strait of Hormuz closure slashes Middle East output and hedging losses.
- 15-20% workforce layoffs by end-2026 from Houston HQ relocation.
- Kazakhstan Tengiz downtime cuts 10% upstream earnings and delays expansion.
What makes Chevron Corporation unique
- Chevron with Techron delivers superior fuels via proprietary additives.
- Chevron Phillips Chemical joint venture dominates petrochemicals with Phillips 66.
- El Segundo refinery pioneered US co-production of transportation biofuels.
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Benefits
Flexible Work Hours
Company News
As the US-Israel war with Iran enters its fifth week, American defence contractors and oil companies are reaping substantial profits whilst consumers face surging petrol prices approaching $4 per gallon. Defence stocks have surged, with Lockheed Martin jumping 25% this year after winning a contract to triple missile seeker production. Oil companies including ExxonMobil, Shell and Chevron have seen share prices rise over 20% as US crude nearly doubled from $65 to over $110 per barrel following Iran's blockade of the Strait of Hormuz. US oil producers could gain an additional $63 billion in profit, according to Rystad Energy. The situation mirrors 2022's Russia-Ukraine crisis, when global oil companies made $916 billion whilst American consumers faced record $5 per gallon petrol prices and 9% inflation.
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ExxonMobil, Chevron and ConocoPhillips are positioned to benefit as oil prices approach $100 per barrel, following a challenging 2025 when earnings declined across all three companies due to lower crude prices. ExxonMobil's full-year net income fell 14% to $28.84 billion, whilst Chevron's dropped 30% to $12.30 billion and ConocoPhillips saw a 13.34% decline to $7.99 billion. However, all three achieved record production levels despite the earnings pressure. At current oil prices, ExxonMobil offers the strongest combination of dividend stability with 43 consecutive years of growth and a 2.64% yield. ConocoPhillips demonstrates greater earnings sensitivity to rising oil prices, whilst Chevron's recent Hess acquisition pushed production to record levels. The companies remain vulnerable to oil retreating to the low $60s range.