Experienced Trader (DV Commodities)

DV Trading; New York (NY); On-site; USD 120,000 - 175,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Flexible vacation policy

Retirement plan with employer match

Paid parental leave

Wellness Programs

Job summary

A leading trading firm located in New York is seeking a candidate with energy trading experience and strong technical skills. As the primary owner of P&L, you will build trading models and ensure compliance with risk metrics. The ideal individual is a self-starter, excels in high-pressure environments, and has a proven track record of historical P&L. This position offers a competitive salary between $120K and $175K, along with discretionary bonuses and comprehensive benefits.

Qualifications

• Requires energy trading experience and ability to work under pressure.
• Proven record with historical P&L is preferred.
• Must possess strong math, probability, and statistics skills.

Responsibilities

• Own P&L in energy business areas.
• Build and maintain trading models.
• Ensure compliance with risk management metrics.
• Identify new trading opportunities.

Skills

Energy trading experience

Self-starter

Ability to learn quickly

Strong understanding of math

High proficiency in Excel and VBA

Tools

SQL

Python

Statistical modeling

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 division within DV Group that specializes in trading commodities markets, including crude oil, refined products, natural gas, power, emissions, metals, softs, and agriculture. DV Commodities risk management, world-class technology, and talented traders have enabled it to become one of the world’s largest liquidity providers and risk allocators in the energy and commodities spaces. Learn more here.

Responsibilities

• Primary owner of P&L in one or multiple areas of energy business
• Build and maintain fundamental and quantitative trading models
• Work with risk to ensure compliance with agreed upon risk management metrics and sizing
• Liase side by side with senior energy traders to share best practices / learnings where applicable
• Learn proprietary methodologies and trading systems that support an established trading business
• Grow existing trades and P&L while identifying and pursue new opportunities
• Further responsibilities may be driven by the individual’s interests and specific skills

Requirements

• Energy trading experience required
• Self-starter with entrepreneurial spirit
• Able to learn quickly in a fast paced, high pressure environment
• Targeted ISO experience and knowledge of fundamental grid
• Maintain composure and communicate clearly when under pressure
• Ability to succeed working as part of a diversified team
• Strong understanding of math, probability, and statistics
• High level of proficiency in Excel and VBA; SQL, python, statistical modeling, other programming a plus
• Advanced aptitude for problem solving and multitasking
• Proven track record with historical P&L preferred
• Discretionary bonus eligibility
• Medical, dental, and vision insurance
• HSA, FSA, and Dependent Care options
• Employer Paid Group Term Life and AD&D Insurance
• Voluntary LTD, Life & AD&D insurance
• Flexible vacation policy
• Retirement plan with employer match
• Paid parental leave
• Wellness Programs

Annual compensation range: $120 – $175K + discretionary bonus eligibility

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.