Derivatives Trader

Monjasa; Dubai; On-site; AED 350,000 - 750,000; Full time

Job summary

Monjasa in Dubai seeks an experienced Derivatives Trader to manage derivative trades across the Arabian Gulf and West Africa, focusing on hedging strategies and risk control in a dynamic oil trading environment. You'll collaborate with the commercial team, support market making activities, and oversee trading administration while upholding high integrity and precise analytics.

A finance or economics degree is required, Masters/MBA preferred, with strong English communication and proficiency in

Qualifications

• Finance or economics degree; Masters/MBA preferred.
• Proficient in Microsoft Office.
• Outstanding numerical/analytical skills.
• Expertise in derivatives trading/risk management.
• In-depth knowledge of financial markets/commodity trading.
• Problem-solving skills.
• Effective communication skills.
• Fluency in English, both written and spoken.

Responsibilities

• Execute and manage derivative trades across the Arabian Gulf and West Africa.
• Guide risk management initiatives for hedging strategies.
• Collaborate with the commercial team to enhance hedging strategies.
• Oversee administrative tasks related to trading activities.
• Maintain high standards of accuracy and integrity in all trading operations.

Skills

Numerical skills

Derivatives trading

Risk management

Market knowledge

Commodity trading

Problem solving

Communication skills

English fluency

Education

Finance or Economics degree

Masters/MBA preferred

Tools

Microsoft Office

Job description

Job Description:

Are you eager to shine in an international setting? Are you ambitious with a keen commercial sense, ready to take on a vibrant role in derivatives trading, overseeing derivative trades, executing commodity swaps and futures, managing oil price risk and fine-tuning hedging strategies? If yes, you might just be the Derivatives Trader we are looking to add to our team.

Job description

Monjasa is a leading global partner in the oil and shipping industry who believes strongly in driving Personal Business. We aim to inspire our business partners and become first choice by challenging status quo with our original solutions. We are thus on the lookout for a colleague who can identify with Monjasa’s values and is capable of building strong relations both internally and externally.

In this new position based in Dubai, you will become part of our experienced and dedicated teams located in Copenhagen and Panama City, and with the opportunity to collaborate and support group-wide operations.

We seek to strengthen our derivatives trading operations, so in this role you will be responsible for executing and managing derivative trades in the Arabian Gulf and West Africa regions, guiding risk management initiatives, working collaboratively with our commercial team to enhance hedging strategies, and overseeing administrative tasks related to our trading activities.

We value your methodical approach to high-standard work, always prioritizing the commercial value of your efforts.

Areas of focus

• Solid understanding of trading derivatives, and an analytical mindset
• Basic Market Making providing a liquid derivatives fuel-oil market for physical traders
• Planning and execution of hedging strategies with the aim to mitigate oil price risk exposure arising from the trading of physical oil products
• Foster strong collaboration with key stakeholders
• Risk management
• Strong knowledge as to swaps and futures

Your professional skills

• Finance or economics degree; Masters/MBA preferred
• Proficient in Microsoft Office
• Outstanding numerical/analytical skills
• Expertise in derivatives trading/risk management
• In-depth knowledge of financial markets/commodity trading
• Problem-solving skills
• Effective communication skills
• Fluency in English, both written and spoken

Your personal skills

• Strong decision-making capabilities
• High level of integrity and professionalism
• Handle effectively high-pressure situations
• Detail-oriented and organized
• A keen interest in financial markets and trading commodities

Requirements: