Jobs
Oil Derivatives Analyst
- Job details
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Job Title:Trading Derivatives Analyst – Oil (promotion to Junior Trader available)
Salary:£70,000 - £80,000 p.a. – discretionary bonus 30%
Location:London Victoria or Dubai
Employment Type:Full-Time
Role Overview:
We are seeking aDerivativesTrading Analystto support traders in executing and optimising energy-focused derivative strategies. This role will focus on energy markets such as oil, natural gas, and power. The ideal candidate will have strong analytical skills, a deep understanding of commodity markets, and the ability to thrive in a fast-paced, dynamic trading environment. You will collaborate closely with trading, research, and risk management teams to identify opportunities and manage portfolio exposure.
Key Responsibilities:
- Support Trading Activities:Assist traders in the execution of derivative trades, including futures, options, and swaps in the oil, gas, power, and broader energy markets.
- Market Monitoring:Conduct real-time monitoring of energy market conditions, news, and trends to identify trading opportunities and potential risks.
- Data Analysis:Gather, analyse, and interpret large sets of market and trade data to generate actionable insights for trading strategies.
- Position & Trade Monitoring:Monitor open positions and trades, ensuring accurate execution and timely settlement. Reconcile trades with internal systems and counterparties.
- Risk Management:Collaborate with risk management to analyse portfolio risk exposure, volatility, and performance. Ensure trades adhere to predefined risk limits.
- Research & Reporting:Prepare daily and weekly reports on market trends, trading activity, and strategy performance for internal stakeholders. Provide recommendations based on market data and fundamental analysis.
- System Optimisation:Use trading platforms (e.g., ICE, CME, proprietary systems) to execute trades, analyse market data, and improve workflow efficiency. Assist in enhancing automated trading models.
- Cross-functional Collaboration:Work closely with traders to ensure seamless trade execution and operational efficiency.
Candidate Profile:
- Education:Bachelor's degree in Finance, Economics, Engineering, Data Science, or a related quantitative discipline. A Master's degree or CFA certification is a plus.
- Experience:2-4 years of experience in energy trading, market analysis, or a related role in a hedge fund, energy company, or investment bank.
- Skills & Competencies:
- Strong understanding of energy derivatives (oil, gas, power futures, options, and swaps) and commodity markets.
- Proficiency in financial modelling, data analysis, and quantitative techniques.
- Advanced Excel skills; experience with Python, R, or SQL for data analysis is highly desirable.
- Familiarity with trading platforms such as ICE, CME, Reuters, or Bloomberg.
- Strong analytical mindset with a high attention to detail and the ability to work under pressure.
- Excellent communication skills, with the ability to present complex data clearly and concisely.
Location and Hours:
- Location:London Victoria or Dubai
- Hours:Core market hours with flexibility to adapt to the global energy market as needed.
Compensation and Benefits:
- Competitive base salary with a performance-driven bonus structure.
- Opportunities for career development and advancement within the firm.
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