Discover your dream Career
For Recruiters

JPMorgan quant research MD joins Citadel's energy team

One of the best areas to work as a trader in the past year has been commodities. With hedge funds, commodities trading houses and banks all competing for talent, headhunters say extravagant pay packages have been waved around to lure new hires. 

Ken Griffin's hedge fund, Citadel has been leading the commodities charge. Its CEM (Citadel Energy Marketing) business still looks a top destination in 2023, having just attracted Simon Hurst, one of JPMorgan's commodities MDs.

Hurst has joined Citadel as head of engineering for CEM's physical gas trading team.

Hurst joined JPMorgan in 2008 from Morgan Stanley, where he was an executive director. His early career featured quant roles at Bankers Trust Australia and Macquarie, and he was one of the earliest graduates of an MFE style course, obtaining a PhD in financial mathematics from the Australian National University in 1997.

He's not the only member of CEM team to come from an investment bank, ex-Citi director Jie Zhou works on portfolio construction and risk management there, having joined the hedge fund early last year. Both men are based in Connecticut.

Citadel's natural gas investments were one of the things credited with generated huge profits for the fund last year. Having hired a team of meteorologists to predict changes in the weather, the fund is able to accurately predict demand for heating fuels.

Click here to create a profile on eFinancialCareers. Comment ANONYMOUSLY on articles and make yourself visible to recruiters hiring for top jobs in technology and finance. 

Have a confidential story, tip, or comment you’d like to share? Contact: alex.mcmurray@efinancialcareers.com in the first instance. 

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

 

author-card-avatar
AUTHORAlex McMurray Editor

Sign up to our Newsletter!

Get advice to help you manage and drive your career.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
CW Talent
Quantitative Researcher
CW Talent
New York, United States
S.R Investment Partners
Hedge Fund Analyst / Business Development
S.R Investment Partners
London, United Kingdom
Garrison Associates, LLC
Quantitative Developer
Garrison Associates, LLC
Manhattan, United States
Barclays
Quantitative Analytics
Barclays
New York, United States
Cobalt Recruitment
Private Equity- Investment Analyst
Cobalt Recruitment
London, United Kingdom
Barclays
Quantitative Analyst
Barclays
New York, United States

Sign up to our Newsletter!

Get advice to help you manage and drive your career.