Senior Oil Trader

  • Location

    Denmark, Denmark

  • Sector:

    Trading, origination and sales

  • Salary:

    €102000.00 - €108000.00 per annum

  • Contact:

    Richard Tregarthen

  • Contact email:

    richard@elevenrecruitment.com

  • Job ref:

    J6339_1546515182

  • Published:

    3 months ago

  • Expiry date:

    2019-02-02

  • Start date:

    ASAP

  • Consultant:

    #

OVERVIEW
Our client is an international fuel oil trading house and is a leading provider of customised hedging solutions for the management of price risk on fuel expenses.
Combining in-depth knowledge of the oil markets, finance and transport, they trade the "entire barrel" of financial oil and oil-related products and help clients escape the uncertainties related to the volatile oil market.

Area of Responsibility:
Responsible for providing liquidity to customer flow and capturing bid/offer spread.
Actively working to cover the desks opening hours
Responsible for acting in accordance with instructions from Head of Trading, including proactively ensuring that no compliance breaches occurs.

Purpose of the Senior Oil Trader position:
Provide liquidity for customer flow and capturing bid/offer spread.
Co-manage risks and PnL in joint portfolio
Actively support Sales
Knowhow
Analysis
Sparing

Create and develop own portfolio in accordance with risk mandate
Develop tools and trading strategies that supports their flow business
Report trading activities to Head of Trading

Personal Characteristics:
5 year professional experience in the oil market with a strong knowledge in Fuel Oil and a broader knowledge of the rest of the barrel
Adjustable/flexible
Working hours
Working area (trading not just one thing)
Location
Compliant
Creative
Determined
Ability to work on his/her own


Remuneration:
EUR 8500-9000/month + performance bonus % of PnL