Our client is a major European energy supply and trading company headquartered in Switzerland. To complete the trading team, we are looking for a well-versed, highly motivated Oil Derivatives Trader.
Job Description
You will be part of the Front Office Team, playing an important role in handling some of the largest market risks the company is exposed to. This role offers the opportunity to shape trading strategies and be a material contributor to the company's bottom line.
As an oil derivatives trader, you will work closely with the Head of Trading to manage the company's exposure to refining margin risk and develop analytical frameworks to improve decision-making.
You will collaborate with internal teams, including risk management, refining, and commercial, to improve market insights and trading performance.
Key Responsibilities
* Develop and execute refining margin hedging strategies.
* Manage crude time spread and flat price risks within existing authority frameworks.
* Develop and maintain an analytical framework to assess physical and paper market fundamentals.
* Engage with the risk team and commercial analysts to review exposure and PnL reporting, improving as required.
* Support M&A and other commercial projects that may arise.
Requirements
* 2-5 years of derivatives trading experience; managing risk for a refining system is beneficial.
* 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 others and adapt to different styles within the organization, mentoring junior colleagues.
* Advanced knowledge of Microsoft Office, Bloomberg, or Reuters; Python/R/PowerBI skills are advantageous.
* The work is conducted entirely in English; proficiency in French and/or German is useful but not essential.