Oil Derivative Trader

Location Dubai
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 3313
Published: about 9 hours ago

Key Responsibilities

  • Run a proprietary trading book focused on oil and refined products derivatives (Brent, WTI, Gasoil, Gasoline, etc.)

  • Develop and execute directional, relative value, and volatility strategies across time spreads, crack spreads, options, and swaps

  • Monitor and respond to market-moving events including macroeconomic, geopolitical, and fundamental energy data

  • Engage in both exchange-traded and OTC markets, including ICE and CME

  • Maintain strong risk discipline and adhere to VaR, drawdown, and position limits

  • Liaise with in-house analytics, quants, and research to identify trade ideas and market themes

  • Communicate effectively with risk, compliance, and middle office teams to ensure smooth execution and reporting

  • Potential to expand into cross-commodity strategies depending on performance and mandate