Main Purpose:
Develop and execute trading strategies in gas derivatives markets to achieve profit targets.
Knowledge Skills and Abilities, Key Responsibilities:
Knowledge, Skills and Abilities
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or related field.
- Proven experience as a Derivatives Trader in a trading firm, energy company, or financial institution.
- Deep understanding of gas derivatives markets, including futures, options, swaps, and structured products.
- Deep understanding of the Nymex and region markets and knowledge of the agri'business energy.
Key Responsibilities
- Develop and execute trading strategies in gas derivatives markets to achieve profit targets.
- Integrate with physical cash traders and originators, centralize flow, hedging, and execution for Nymex and basis for the US gas team.
- Work in close collaboration with Gas analysts and strategists to identify good risk-reward opportunities in Nymex and regional financial gas markets.
- Ramp speculative efforts in Houston for gas derivatives with a focus on Nymex and TX markets to start.
- Contribute to risk management strategy for desk assets in collaboration with physical counterparts
- Develop a marketing strategy leveraging insight into agri’business energy and risk management needs to grow our physical downstream business in mid’america
- Collaborate closely with the option pricing team to devise and implement the best strategy to monetise price flexibility and options in US contracts.
- Analyse market data, economic trends, and geopolitical events to inform trading decisions.
- Monitor and manage trading positions to optimize profitability while adhering to risk limits and compliance guidelines.
- Build and maintain relationships with counterparties and market participants to facilitate trading activities.
- Stay informed about industry developments, regulatory changes, and market dynamics affecting gas derivatives trading.
- Contribute to the development and enhancement of trading models, tools, and infrastructure.
Competencies
- Strong analytical skills and ability to interpret complex market data and technical indicators.
- Ability to thrive in a fast-paced and high-pressure trading environment.
- Excellent communication, negotiation, and decision-making skills.
- Proficiency in trading platforms and financial software (e.g., Bloomberg, Reuters).
- Knowledge of regulatory requirements and compliance standards in energy trading both US and Europe
Key Relationships and Department Overview:
Reporting directly to Global Head of Gas Derivatives