Senior Data Scientist / Quantitative Analyst - Commodity Global Trade Shipping & Logistics m/f/d
RELX is hiring a Senior Data Scientist / Quantitative Analyst - Commodity Global Trade Shipping & Logistics m/f/d in Karlsruhe, Germany. It pays €72k-€119k a year and Level rates it ; you can apply on RELX.
Level's read on this job
- On Level's scale, this data scientist role is Builds AI ●●●●: the job is building AI systems.
- The posting mentions Databricks, Python and Machine learning among its tools and skills.
- Level classes it as a senior role.
- RELX has 793 other open roles on Level.
- Posted within the past week.
AI in this role
Develop predictive models and analytics focusing on global trade, shipping, logistics, and supply chain commodity markets.
Senior Data Scientist / Quantitative Analyst - Commodity Global Trade Shipping & Logistics
ICIS – Karlsruhe/Germany or London
About ICIS
ICIS is part of Risk Solutions Group (RSG) a division of RELX Group, a FTSE 20 company with revenues of $12.6 billion in 2025 and an employee base of over 37,000 people. ICIS makes some of the world’s most important markets more trusted and predictable by providing data services, thought leadership and decision tools. We exist to help businesses in the energy, petrochemical and fertilizer industries make strategic decisions, mitigate risk, improve productivity, and capitalise on new opportunities. Thousands of decisions are taken across supply chains every day using our intelligence and we make this possible through a global presence that delivers the targeted, local insights customers need to achieve growth in this new world of meaningful data. Shaping the world by connecting markets to optimise the worlds valuable resources. With a global team of more than 700, ICIS has employees based in London, New York, Houston, Karlsruhe, Frankfurt, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, and Tokyo.
Job Purpose
Are you passionate about applying data science, AI and analytics to solve complex business problems and create products that customers love?
At ICIS, we're building the next generation of data-driven and AI-powered solutions for global commodity markets. As a Senior Data Scientist, you will join 30+ experienced Data Scientists in our Analytics Hubs in Karlsruhe or London. Our Data Science group create forecast models, predictive data and interactive analytical tooling for trading and scenario planning. We model commodity markets with a wide range of techniques from fundamental market modelling, statistical to machine learning & AI, mathematical optimisation / linear programming, system dynamics and agent-based models. We work in small teams with a high degree of ownership and direct collaboration with customers.
In your role, you will primarily focus on creating market-leading predictive models and interactive analytics for Chemicals, the global supply network for petrochemical commodities, recycling materials and their end-use applications. As part of our foundational market data, you will specialize in global trade prices & volumes, shipping & logistics and their impact on global supply & demand. Your work will directly help thousands of users to quantify impacts to their markets.
Key Accountabilities/Responsibilities:
- Create and continuously improve analytical commodity market models in Python: Co-develop with our analysts & engineers strong quantitative market models, such as demand modelling, supply modelling for capacity & cost, storage, trade & transport modelling, market balance & market price forecasting. Apply mathematical optimization techniques to logistics and trading-related problems (e.g., routing)
- Connect, clean, and impute freight, pricing, and supply/demand datasets from diverse internal and external sources. Turn raw, imperfect and incomplete data into actionable market insight
- Create interactive analytics, planning and decision support tools that utilize & visualize data & models (eg Dash by Plotly). Innovate fast prototypes with Spec-Driven-Development. Deliver data and models into ICIS Data Lakehouse and shared platforms.
- Discuss models with customers. Share our view on the market structure, key drivers & decision support. Translate gained domain knowledge back into models and build a deep understanding of operation and decision making in our markets
- Work goal-driven and self-organized with own project management responsibility on developments from day 1.
- Work with data engineers to productionize models and integrate new data sources into the platform
- Guide and support others in the development of models as well as create hands-on own implementations of framework enhancements. Actively share components, knowledge & innovation with peers
Key Skills/Experience Required:
- Minimum of 3 to 5 years of practical experience in predictive modelling in the context of (commodity) markets or trading, particularly global trade flows, storage, supply chain logistics and their impact on supply, demand and prices. Knowledge of Mathematical/numerical optimization (e.g., linear programming, convex optimization). Ideally also assumption-based scenario modelling and cost curves
- Experience to work goal driven directly with internal/external customers to identify & solve high-value business problems, self-organised. Strong communication and engagement, ability to explain complex concepts simply to stakeholders
- Production-ready code in Python and SQL, using AI-code generation and Spec-Driven-Development in a productive & manageable way, familiar with common Data Science & analytics libraries
- Data modelling, transformation, and visualization (eg Python Dash)
- Experience with software development (modularisation, versioning eg with GIT, tests, understandable code), with containerization (Docker) and orchestration (Airflow)
- Habit of starting simple first to get buy-in early and iterate on feedback to add value
- Curiosity & desire to understand the world
- A plus: existing knowledge of the chemical industry, Databricks & Snowflake
- Ideally, familiarity with optimization libraries (e.g., Pyomo, SciPy, Gurobi/CPLEX)
Why Join ICIS?
- Work on Problems That Matter: global organizations make better decisions using data, analytics and AI
- Build the Future of AI in commodity markets: Play a key role in shaping next-generation AI products and capabilities that will influence the future of our business and our industry
- Work with Exceptional People: Join a multidisciplinary team of data scientists, engineers, economists, industry experts and product leaders who are passionate about innovation and customer impact
- Enjoy Corporate Benefits: e.g. support for fitness studio, pension & public transport, 20 days work from anywhere and 4 days extra leave for social & sustainability engagement and ongoing learning and professional development opportunities
Join a Team That Loves What It Does
Our Data Science team combines the energy of a start-up with the support and stability of a global organization of more than 37,000 employees. In 2025, our Data Science team achieved an Employee Net Promoter Score (eNPS) of 81, reflecting a highly engaged and supportive culture.
ICIS is committed to building an inclusive workplace where everyone can thrive. We welcome applications from people of all backgrounds, experiences and perspectives. We believe diverse teams create better products, make better decisions and drive greater innovation. If you're excited about this opportunity but don't meet every requirement, we encourage you to apply.
Primary Location Base Pay Range: Germany - Karlsruhe €71,600 - €119,400.We know your well-being and happiness are key to a long and successful career. We are delighted to offer country specific benefits. Click here to access benefits specific to your location.
We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form or please contact 1-855-833-5120.
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We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.
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How we rate this
Senior Data Scientist / Quantitative Analyst - Commodity Global Trade Shipping & Logistics m/f/d at RELX rates 85 out of 100 for how much of the daily work is AI. That makes it Builds AI (AI Level 4 of 4). The level is about AI in the job, not seniority.
Builds AI. The job is building AI systems.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
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Skills and AI tools this role asks for
Also common in data scientist jobs at this level
Pay
- Typical data scientist job
- $166k
Use the typical data scientist figure as a reference when pay comes up. See data scientist jobs
Questions you could be asked
- Tell me about a project where data science was part of your work. What did you do?
- Tell me about a project where predictive modeling was part of your work. What did you do?
- Tell me about a project where logistics modeling was part of your work. What did you do?
- Tell me about a project where forecasting was part of your work. What did you do?
- Walk me through how you've used Databricks in your day-to-day work.
Adapt your resume
- List these exact terms on your resume: Data Science, Predictive Modeling, Logistics Modeling, Forecasting, and Databricks. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
- Lead with what you built, trained or shipped. This role is judged on the AI system itself, not the tools around it.
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