We are seeking a sharp, analytically driven Oil Derivatives Spec Trader to join our clients proprietary trading team. The successful candidate will be responsible for running speculative risk in crude oil and refined product derivatives markets. This is a high-impact, P&L-focused role requiring deep market knowledge, disciplined risk-taking, and an edge in data, flow, or macro analysis.
Key Responsibilities:
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Proprietary Risk-Taking: Deploy capital across oil derivatives markets (crude, gasoline, diesel, fuel oil) using discretionary or systematic strategies.
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Market Analysis: Monitor and interpret supply-demand fundamentals, geopolitical drivers, refinery margins, inventories, and macro trends.
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Strategy Development: Build and refine directional, relative value, calendar spread, and volatility-based strategies to generate alpha.
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Execution: Manage execution of trades via exchanges (ICE, CME) or OTC markets, using screens, voice brokers, and algos.
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Risk Management: Maintain strict adherence to risk limits, stop-loss thresholds, and P&L accountability.
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Collaboration: Engage with analysts, operations, risk, and senior trading leadership to align views, share market intel, and optimize capital usage.
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Performance Reporting: Provide regular updates on positions, exposure, and trading rationale to senior management.