Oil Derivatives Trader - Houston

Freelio; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Bunker One in Houston, part of Bunker Holding, seeks an Oil Derivatives Trader to join our global trading desk. Based in Houston, you will work with physical trading and sales to trade oil products, biofuels, carbon, power and gas, and to hedge derivatives exposure.

You should have 2-3 years of fuel or distillate derivatives trading with P&L responsibility and a disciplined approach to risk. Relocation to Houston and US work permissions are valued assets.

Qualifications

• 2-3 years’ experience trading with fuel or distillate derivatives, with a P&L responsibility.

Responsibilities

• Implement effective derivatives pricing and hedging strategies to optimize physical exposures and drive growth.
• Develop and execute profitable trading strategies while managing position size and risk.
• Carry out daily desk tasks, mark forward curves, and provide market updates to traders and sales staff.
• Share market intelligence and contribute to the trading desk's strategic direction.
• Assist in risk management of global trading books during US hours.

Skills

Derivatives trading

P&L responsibility

Risk management

Independent worker

Job description

# Oil Derivatives Trader - HoustonAnsøg hos virksomheden## JobbeskrivelseAn established company with consistent growth .Bunker One is part of Bunker Holding, the world's largest marine fuels organization, with operations spanning 22 locations globally and headquartered in Denmark. Our Houston office supports physical fuel supply and trading across the US Gulf Coast, working with barges and vessels to deliver fuel oil, distillates, and blended products to shipping customers. We're a team of about 140 bunkering specialists handling the full chain of cargo operations — from specification and testing to inventory management — built on technical expertise and dependable service.Bunker One's physical operations are supported by financial hedging in the derivatives market, in collaboration with sister company Global Risk Management. We're looking for a colleague to work closely with physical traders and sales in Houston, providing derivative hedging solutions for physical exposure. You'll also collaborate closely with the derivatives trading team at Global Risk Management, based in Denmark and Singapore.Your key responsibilitiesAs an Oil Derivatives Trader you will join an experienced and established global trading desk, within an international company, with access to physical assets and an extensive client base. Based in Houston along with the local physical trading and sales team, you will become part of a truly global workplace that services its clients and physical asset base by trading oil products, biofuels, carbon, power and natural gas.Your responsibilities in this role will include:• Implement effective derivatives pricing and hedging strategies to optimize physical exposures and drive franchise growth.• Develop and execute profitable trading strategies, carefully managing position size and risk across both proprietary and client deal flows.• Carry out daily desk tasks, including marking forward curves, providing market updates and engaging with physical trading and sales colleagues.• Share market intelligence and tactical approaches, contributing to the collective knowledge and strategic direction of the trading team.• Assist in risk management of global trading books that include oil & gas and biofuels during US hours.An experienced trader and a team playerYou are structured and proactive in your daily work. You are expected to possess a proven understanding of risk and enjoy being part of a diverse sales and trading team.Furthermore, we expect you to have:• 2-3 years’ experience trading with fuel or distillate derivatives, with a P&L responsibility, at a Bank/Financial institution or physical trading house.• If you are less experienced and have insight and interest in oil derivatives trading plus exceptional learning capabilities, we welcome your application.• Sound understanding of oil and oil products is essential, with knowledge of biofuels and transition fuels an advantage.• A disciplined approach to managing risk.• Excellent understanding of trading systems, exchange rules and OTC markets.• Thorough understanding of financial derivatives’ risks, regulations, and product specific trading rules.• Ability to work independently.• Be based or willing to relocate to Houston, with valid US work permissions. Apply now and be a part of our journeyWe offer an attractive and market competitive remuneration package.If the above sounds like something, you would thrive in – then come join us.In case you have questions about the position, please Kontakt of Oil Trading, Marios Stathis [telefon] 87We are already looking forward to hearing from you.Bunker Holding Group is part of the Danish, family-owned United Shipping & Trading Company (USTC). USTC holds activities in oil & energy, ship owning, shipping & door-to-door logistics, risk management, car activities, IT and sustainable energy and is present in 38 countries with more than 4,500 employees.