Experienced Trader (DV Commodities)

Trading Interview; New York (NY); On-site; USD 180,000 - 320,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

HSA

FSA

Dependent Care

Life Insurance

AD&D Insurance

Voluntary LTD

Flexible Vacation

Retirement match

Job summary

DV Trading, part of the DV Group, seeks an experienced energy trader in New York to own P&L in one or more energy areas and to build quantitative trading models. You will work closely with risk teams to ensure compliance with risk metrics, and with senior energy traders to share best practices.

You will learn proprietary methodologies and trading systems, grow existing trades and P&L, and pursue new opportunities in a fast-paced environment that rewards initiative.

Qualifications

• Energy trading experience required.
• Strong mathematical, probabilistic, and statistical skills.
• High proficiency in Excel (VBA) and programming basics.
• SQL, Python and statistical modeling are a plus.

Responsibilities

• Own P&L in energy trading areas.
• Build and maintain fundamental and quantitative trading models.
• Collaborate with risk to ensure adherence to risk metrics.
• Work with senior energy traders to share best practices.
• Learn proprietary trading systems and methodologies.
• Grow trades and P&L while identifying new opportunities.
• Additional duties may align with skills and interests.

Skills

Math & Stats

Entrepreneurial spirit

Fast learner

Tools

Excel

VBA

SQL

Python

Statistical modeling

Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. 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

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

DV Trading is a global liquidity provider founded in Toronto in 2006 by Dino Verbrugge. It trades exchange and over-the-counter commodity futures, fixed income, equities, options, foreign exchange and cryptocurrency…