Trader - Soft Commodities (Cotton)

DV Trading LLC; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A financial trading firm in London seeks a Trader focused on softs markets, especially cotton. The ideal candidate will own P&L, build trading models, and achieve growth opportunities in a fast-paced environment. Experience in softs trading, strong Excel skills, and the ability to work under pressure are essential for success.

Qualifications

• Proven track record with strong and consistent historical P&L's.
• Exceptional knowledge of fundamental concepts within chosen products traded.
• Self-starter with entrepreneurial spirit.

Responsibilities

• Primary owner of P&L in softs/Ags space.
• Build and maintain rigorous fundamental trading models.
• Ensure compliance with agreed risk management metrics.

Skills

Softs trading experience

Fundamental trading models

High proficiency in Excel

Statistical modeling

Strong communication under pressure

Tools

SQL

Python

Job description

About Us:
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

DV Commodities is a rapidly growing division that specializes in trading crude oil, refined products, natural gas, and related energy markets across US, Europe, and Asia. Our proprietary risk management and trading methodologies along with a strong ability to adapt to changing conditions has allowed DV Commodities to grow into one of the largest financial participants within the global energy complex.

Responsibilities:

• Primary owner of P&L in one or multiple products in the softs/Ags space - Preference for cotton
• Build and maintain rigorous fundamental trading models
• Work with risk to ensure compliance with agreed upon risk management metrics and sizing
• Liaise with wider softs team to share knowledge, trading ideas and risk positioning, where applicable
• Grow existing trades and P&L while identifying and pursuing new opportunities, in a very entrepreneurial culture
• Further responsibilities may be driven by the individual's interests and specific skills

Requirements:

• Softs trading experience required
• Proven track record with strong and consistent historical P&L's
• Exceptional knowledge of fundamental concepts within chosen product(s) traded
• A strong understanding of futures/options risk
• Self-starter with entrepreneurial spirit
• Able to learn quickly in a fast paced, high pressure environment
• Maintain composure and communicate clearly when under pressure
• Ability to succeed working as part of a diversified team
• High level of proficiency in Excel; SQL, python, statistical modelling, other programming a plus

DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.