Naphtha Trader - London

Marlin Selection; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading company in the trading sector is seeking an experienced Naphtha Trader to manage and expand trading portfolios. The successful candidate will have at least 5 years of trading experience, a strong knowledge of market dynamics, and proven trading success. Responsibilities include executing trades, developing strategies, and managing risks in a dynamic environment.

Benefits

Performance-based bonus

Full benefits package

Qualifications

• Minimum 5 years of trading experience in naphtha.
• Strong knowledge of naphtha markets and trading strategies.
• Proven track record of profitable trading.

Responsibilities

• Execute and manage naphtha trades in physical and derivatives markets.
• Monitor market conditions to inform trading decisions.
• Collaborate with risk management to hedge trading positions.

Skills

Analytical skills

Negotiation skills

Communication skills

Interpersonal skills

Ability to work under pressure

Education

Bachelor’s degree in Finance, Economics, Business or related field

Master's degree or relevant certifications (e.g., CFA)

Tools

Trading platforms

Job description

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We are seeking an experienced Naphtha Trader with at least 5 years of experience at an investment bank or brokerage. The ideal candidate will have a deep understanding of naphtha markets, a proven track record in trading, and the ability to work in a fast-paced, dynamic environment. You will be responsible for managing and expanding trading portfolios, driving profitability, and ensuring effective risk management strategies are in place.

Key Responsibilities:

• Execute and manage naphtha trades in both physical and derivatives markets.
• Monitor market conditions, price trends, and news to make informed trading decisions.
• Develop and implement trading strategies to maximize profitability while managing risks.
• Build and maintain relationships with key stakeholders, including brokers, suppliers, and counterparties.
• Negotiate contracts and manage the logistics associated with physical naphtha trading.
• Analyze market data to identify trading opportunities and market anomalies.
• Collaborate with the risk management team to monitor and hedge risks associated with trading positions.
• Maintain up-to-date knowledge of regulatory and compliance requirements relevant to the naphtha markets.

Qualifications:

• Minimum 5 years of trading experience in naphtha at an investment bank or brokerage.
• Strong knowledge of naphtha markets, including supply-demand dynamics, pricing mechanisms, and key market players.
• Proven track record of profitable trading in naphtha or related products.
• Strong analytical skills with the ability to interpret complex data sets and make quick, informed decisions.
• Experience with derivatives trading and risk management techniques.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to work under pressure in a fast-paced trading environment.
• Proficiency in trading platforms and software tools.

Education:

• Bachelor’s degree in Finance, Economics, Business, or a related field. A Master's degree or relevant certifications (e.g., CFA) is a plus.

Compensation:

Competitive salary and performance-based bonus. Full benefits package included.