Commodities Trader

Trading Interview; New York (NY); On-site; USD 120,000 - 240,000; Full time

Job summary

Trading Interview is seeking a New York-based commodity trader to manage our delta one and options book, focusing on larger, longer-tenor trades. You will run systematic and discretionary strategies while seeking opportunities to grow them.

A strong candidate understands trade lifecycle from signal to execution and to risk management, and collaborates across time zones with global teams and sell-side partners.

Qualifications

• 3+ years of experience in commodity trading options (gas, power or oil preferred).
• Able to think critically and implement new ideas.
• Strong understanding of options pricing and risk management.
• Comfortable coordinating across time zones and with sell-side counterparts.
• Detail-oriented, organized, and a team player with a positive attitude.

Responsibilities

• Run our commodity delta one and options book with emphasis on larger, longer tenor trades.
• Develop and oversee systematic and discretionary trading strategies.
• Collaborate with global commodities teams and sell-side counterparts for risk lay-off.
• Analyze lifecycle of trades from signal to execution to book and risk management.

Skills

Commodity trading

Quantitative skills

Risk management

Strong communication

Team collaboration

Cross-timezone coordination

Idea generation

Detail-oriented

Travel flexibility

Job description

We are looking for a commodity trader based in New York to work closely with our local and global commodities teams and help manage our commodity delta one and options book with an emphasis on larger, longer tenor trades. In this role you'll have responsibility for running our systematic and more discretionary strategies, whilst looking for opportunities to grow them.

A strong candidate will have an interest in the whole lifecycle of a trade from understanding the signal and idea generation, through trade execution and then book and risk management. Partnering with sell-side counterparts for risk lay-off is a core business for the team, and we are looking for someone who can manage these relationships strategically.

Commodity trading interfaces closely with our broader commodities and derivatives operations. We have a culture of strong collaboration both across teams and across regions. Your working relationships, trader intuition, and ability to analyze special situations will add value to our team.

About You

• 3+ years of experience in commodity trading options (gas, power or oil preferred)
• Familiarity with the inter-dealer broker market and transacting bilaterally
• Able to think critically and implement new ideas
• Understanding of commodity market structure and sources of natural order flow in the market
• Strong quantitative skills in understanding options pricing and risk management
• Open to learning new techniques
• Strong communicator with excellent planning, analytical, and people skills; comfortable coordinating across time zones
• Reliable and flexible team player with a positive attitude
• Detail-oriented, organized, and thorough, with a desire for continuous improvement
• Willingness to spend multiple weeks a year traveling to London and Hong Kong is a plus

We were founded by a small group of traders and technologists in a tiny New York office. Today, we have more than 2,000 employees across five global offices. We trade…