Major European Energy Supply & Trading company seeks highly motivated Oil Derivatives Trader for the Front Office Team.
Key Responsibilities
Shape trading strategies and contribute to the company's bottom line by handling large market risks and developing cutting-edge market analytics.
Manage company exposure to refining margin risk, develop analytical frameworks to improve decision making, and work closely with internal teams—risk management, refining, and commercial—to improve market insights and trading performance.
* Develop and execute refining margin hedging strategies.
* Manage crude time spread and flat price risks within existing authorities framework.
* Develop and maintain an analytical framework to assess physical and paper market fundamentals.
* Engage with risk team and commercial analysts to review exposure and PnL reporting and improve these as required.
* Support M&A and other commercial projects.
Requirements
Professionals with 2-5 years of derivatives trading experience are sought. Experience managing risk for a refining system is a plus.
* Strong quantitative and analytical skills, with experience building models and frameworks to support trading decisions.
* Able to work well under pressure and manage competing priorities.
* Team player, able to work well with other people and adapt to different styles within the organization.
* Mentor junior colleagues and possess advanced knowledge of Office, Bloomberg or Reuters.
* Knowledge of Python/R/PowerBI is a strong plus.
* The work is all in English, with French and/or German useful but not required.