Jobs

Oil Derivatives Analyst


Job details
  • Insight
  • London
  • 1 week ago

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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