Global Commodities - Refined Products Oil Trader - Vice President or Executive Director

Aumni; Paris; On-site; EUR 180,000 - 280,000; Full time

Job summary

J.P. Morgan in France is seeking a Vice President or Executive Director for the Global Oil Trading team to drive value through disciplined risk-taking and monetization of client flow.

The role centers on oil fundamentals analytics, pricing and hedging strategies, and close collaboration with sales and brokers to maximize revenue across the oil complex.

Qualifications

• Disciplined risk-taking demonstrated in commodities markets.
• Bachelor’s degree in Finance, Economics, Mathematics, or related discipline.
• Solid understanding of oil and refined product fundamentals and market drivers.
• Ability to assess, explain, and manage risk across positions and market events.
• Ability to stay client-focused while operating under competitive market pressure.
• Proven ability to operate in a dynamic, fast-paced, and collaborative trading environment.
• Strong controls mindset with commitment to robust risk and conduct standards.
• Strong programming capability in Python, SQL, and/or another relevant language.

Responsibilities

• Drive performance via risk taking around client and broker market flows.
• Manage accurately and competitively price client transactions and efficiently hedge to maximize franchise revenue.
• Work alongside sales colleagues to engage clients, providing market color and derivative hedging strategies.
• Develop trading ideas based on educated views incorporating fundamental and technical analysis.
• Assist risk managing trading books that include non-linear risk.
• Appropriately size and risk manage positions to create profitable trading strategies based on franchise flow.
• Perform daily desk functions, including marking forward curves, providing market commentary and hedging secondary trading book exposure (FX/interest rates/etc.).

Skills

Risk management

Python

SQL

Market analysis

Client focus

Education

Bachelor’s degree in Finance, Economics, Mathematics, or related discipline

Tools

Python

SQL

Job description

As a Vice President or Executive Director on the Global Oil Trading team, you will be responsible for driving performance via appropriate use of VAR around flows, capitalizing client flow through sales desk and market flow via brokers, ensuring client value monetization. You will play a crucial role in oil fundamental analytics within oil complex and contribute significantly to revenue maximization.

Job responsibilities

• Drive performance via risk taking around client and broker market flows
• Manage accurately and competitively price client transactions and efficiently hedge to maximize franchise revenue.
• Work alongside sales colleagues to engage clients, providing market color and derivative hedging strategies.
• Develop trading ideas based on educated views incorporating fundamental and technical analysis.
• Assist risk managing trading books that include non-linear risk.
• Appropriately size and risk manage positions to create profitable trading strategies based on franchise flow.
• Perform daily desk functions, including marking forward curves, providing market commentary and hedging secondary trading book exposure (FX/interest rates/etc.)

Required Qualifications, capabilities, and skills

• Demonstrated track record of disciplined risk-taking performance in commodities markets
• Bachelor’s degree (or equivalent) in Finance, Economics, Mathematics, or a related discipline
• Strong understanding of oil and refined product fundamentals and key market drivers
• Ability to assess, explain, and manage risk across positions and market events
• Ability to stay client-focused while operating effectively under competitive market pressure
• Proven ability to operate in a dynamic, fast-paced, and collaborative trading environment
• Strong controls mindset with commitment to robust risk and conduct standards
• Strong programming capability in Python, SQL, and/or another relevant language

Preferred Qualifications, capabilities, and skills

• Demonstrable experience interacting with major institutional / corporate commodity clients.
• Option and/or systematic risk taking experience a plus

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Drive performance on our Global Oil Trading desk by pricing and hedging client flow, managing risk around market flows, and delivering fundamental analytics that supports revenue growth across the oil complex.