Lead Commodity Options Trader - Oil & Metals (Dubai)

Venture Search; Dubai; On-site; AED 180,000 - 280,000; Full time

Job summary

Venture Search is seeking a seasoned Commodity Options Trader for its Dubai office. The role focuses on oil and metals options, with exposure to both sell-side and hedge fund environments. You will report to the Head of Commodities in Dubai and help scale the desk in the near term.

The ideal candidate has a proven track record in commodity options, solid pricing knowledge, and willingness to relocate to the UAE. Fluent English and familiarity with derivatives markets are essential.

Qualifications

• Proven track record in commodity options trading.
• Strong knowledge of pricing models and Greeks.
• Experience with oil/metals and cross-commodity strategies.
• Willingness to relocate to UAE.
• Fluent English.

Responsibilities

• Develop and execute commodity options trading strategies across markets.
• Identify opportunities in implied volatility, realised volatility, volatility skew, term structure and cross-commodity relative value.
• Trade vanilla and exotic options, including calls, puts, spreads, straddles, strangles, risk reversals and other volatility-based structures.
• Analyse commodity supply and demand fundamentals, market positioning, inventory data, seasonality, weather patterns and macroeconomic developments.
• Develop pricing, hedging and risk management frameworks for complex options portfolios.
• Monitor market liquidity, volatility regimes and changing market dynamics to identify mispricing and trading opportunities.
• Manage counterparty exposure and execute trades across exchanges, brokers and OTC markets.
• Contribute to the development of the desk's trading infrastructure, risk frameworks and broader commercial strategy.
• Maintain disciplined risk management, ensuring positions remain within agreed limits and deliver attractive risk-adjusted returns.

Skills

Commodity options trading

Options pricing

Volatility trading

Risk management

Market analysis

Job description

Venture Search is seeking a seasoned Commodity Options Trader for its Dubai office. The role focuses on oil and metals options, with exposure to both sell-side and hedge fund environments. You will report to the Head of Commodities in Dubai and help scale the desk in the near term.

The ideal candidate has a proven track record in commodity options, solid pricing knowledge, and willingness to relocate to the UAE. Fluent English and familiarity with derivatives markets are essential.