Oil and Products Options Trader

​We are delighted to be working on a mandate for an Oil and Products (middle distillates) Options Trader for a well established, International, Energy risk management business.

This opportunity is for an experienced trader and competent sales person to work with an established and growing energy trading team. There is access to an in-house physical oil business and an extensive client base. There is a great diversity of trading opportunities within the role and the chance to work in the financial and physical markets.

Key Responsibilities:

  • Maintain volatility and correlation curves in line at all times

  • Price, execute and hedge internal flow

  • Rigorous risk management and daily reporting

  • Maintain and help develop new trading systems and try to optimise risk management and trading processes

Experience Required:

  • 3-5 years of experience on oil options trading within a bank/financial institution or physical trading house

  • Excellent understanding of trading systems, exchange rules and OTC markets

  • VBA/Python or other relevant programming language knowledge

  • Thorough understanding of financial derivatives’ risks, regulations, and product specific trading rules

  • Established relationship with European and American brokers

  • Excellent communtication skills

  • Understanding of FX and Index options is preferred

For more information about this role pelease contact Richard Tregarthen on +44 (0)7906 272852 or richard@elevenrecruitment.com, or apply directly via our website.