Commodities Trader

Jane Street Group, LLC; Northern, New York (KY, NY); Hybrid; USD 270,000 - 330,000; Full time

Job summary

Jane Street in New York is seeking a commodity trader to manage the delta one and options book, emphasizing larger, longer-tenor trades. You will run systematic and discretionary strategies, partner with teams across regions, and contribute to risk/position management.

The role requires 3+ years in commodity options, strong quantitative skills, and excellent communication. Willingness to travel toLondon and Hong Kong is a plus. Base salary is $300,000 with discretionary bonus.

Qualifications

• 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.

Responsibilities

• Run systematic and discretionary strategies for the commodity delta one and options book with emphasis on larger, longer tenor trades.
• Manage trade lifecycle from idea generation to execution and book/risk management.
• Collaborate with sell-side counterparts for risk lay-off and strategic relationships.

Skills

Commodity trading options

Inter-dealer broker market

Critical thinking

Options pricing

Risk management

Team collaboration

Cross-time-zone coordination

Detailed planning

Travel willingness

Communication skills

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

Base salary is $300,000. Base salary is only one part of Jane Street total compensation, which includes an annual discretionary bonus.

Jane Street is an Equal Opportunity Employer