Oil Derivatives Trader - Houston

USTC Group; Houston (TX); On-site; USD 120,000 - 210,000; Full time

Job summary

Bunker One, part of Bunker Holding, a global marine fuels group, is seeking an Oil Derivatives Trader in Houston to join an international desk. Based in Houston, you will work with physical trading and sales, developing hedging strategies and managing risk across oil products.

You will join a truly global workplace that services its clients and physical asset base by trading oil products, biofuels, carbon, power and natural gas.

Qualifications

• 2-3 years’ experience trading with fuel or distillated derivatives, with a P&L responsibility, at a Bank/Financial institution or physical trading house.
• Sound understanding of oil and oil products is essential, with knowledge of biofuels and transition fuels an advantage.
• Ability to work independently and be based in or relocate to Houston with valid US work permissions.

Responsibilities

• Implement effective derivatives pricing and hedging strategies to optimize physical exposures and drive franchise growth.
• Develop and execute profitable trading strategies, managing position size and risk across 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 team’s knowledge and strategy.
• Assist in risk management of global trading books that include oil, gas and biofuels during US hours.

Skills

Oil derivatives trading

Risk management

Trading systems

Market analysis

Independent work

Relocation to Houston

Job description

An 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. 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 based in Denmark and Singapore.

Your key responsibilities

As 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 player

You 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 distillated 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.

We offer an attractive and market competitive remuneration package.

In case you have questions about the position, please reach out to Head of Oil Trading, Marios Stathis+45 88 38 22 87

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.