Senior Energy Trader (Commodities)

Placements24; Vereeniging; Hybrid; ZAR 1,080,000 - 1,320,000; Full time

Benefits offered by this job

Highly competitive base salary plus良奖金

Profit-sharing participation

Medical and dental insurance

Pension fund contributions

State-of-the-art trading infra

Continuous learning and development

Hybrid work model

Strategic involvement in trading

Dynamic work environment

Career progression opportunities

Job summary

Placements24 recruiting client in Vereeniging for a Senior Energy Trader with 7+ years in energy markets. Role blends in-office strategy sessions with remote trading capabilities in a hybrid setup.

You will develop and execute strategies across oil, gas, power, and coal, managing risk and capitalising on volatile market conditions. The ideal candidate has a strong quantitative background, proven profitability, and excellent communication to collaborate with risk, research, and operations teams

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field.
• Master's degree or MBA is a plus.
• 7+ years of experience in energy commodity trading with profitability track record.
• Deep knowledge of energy markets and their derivatives.
• Proven ability to develop and implement trading strategies.
• Strong analytical, quantitative, and risk management skills.
• Proficiency in trading platforms and market data tools.
• Excellent decision-making and ability to work under pressure.
• Strong communication in a hybrid team environment.
• Must be able to work from Vereeniging office for a significant portion of the week.

Responsibilities

• Develop, implement, and refine trading strategies for energy commodities.
• Execute trades across energy markets (WTI, Brent, NatGas, Electricity, Coal) via multiple trading platforms.
• Monitor market movements, news, and indicators to identify trading opportunities and manage risk.
• Analyze market data, trends, and volatilities to forecast price movements and inform trading decisions.
• Manage the firm's risk exposure within defined limits, ensuring compliance with trading policies.
• Collaborate with risk management, quantitative research, and operations teams to optimize trading performance.
• Build and maintain strong relationships with brokers, counterparties, and market participants.
• Contribute to market intelligence gathering and strategy development discussions.
• Mentor junior traders and provide guidance on market analysis and trading techniques.
• Ensure accurate trade recording, settlement, and reconciliation processes.

Skills

Strong analytical skills

Risk management

Decision making under pressure

Communication and interpersonal skills

Education

Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field

Master's degree or MBA is a plus

Job description

About the Role

Our client is a leading proprietary trading firm with a significant presence in the global energy markets. We are seeking a highly skilled and experienced Senior Energy Trader to join our dynamic team in Vereeniging, Gauteng . This role demands a sophisticated understanding of energy commodity markets, including oil, gas, power, and coal. You will be responsible for developing and executing trading strategies, managing risk exposure, and identifying profitable opportunities in volatile market conditions. The ideal candidate possesses a proven track record of success in energy trading, exceptional analytical skills, and the ability to make rapid, informed decisions under pressure. This position offers a challenging yet rewarding career path, with significant potential for financial upside based on performance. The role requires a hybrid presence, balancing remote trading capabilities with essential in-office collaboration and strategy sessions in Vereeniging .

Key Responsibilities

• Develop, implement, and refine quantitative and discretionary trading strategies for energy commodities.
• Execute trades across various energy markets (e.g., WTI, Brent, Natural Gas, Electricity, Coal) via multiple trading platforms.
• Monitor market movements, news, and economic indicators to identify trading opportunities and manage risk.
• Analyze market data, trends, and volatilities to forecast price movements and inform trading decisions.
• Manage the firm's risk exposure within defined limits, ensuring compliance with trading policies.
• Collaborate with risk management, quantitative research, and operations teams to optimize trading performance.
• Build and maintain strong relationships with brokers, counterparties, and market participants.
• Contribute to market intelligence gathering and strategy development discussions.
• Mentor junior traders and provide guidance on market analysis and trading techniques.
• Ensure accurate trade recording, settlement, and reconciliation processes.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.
• Master's degree or MBA is a plus.
• A minimum of 7 years of experience in energy commodity trading, with a demonstrated history of profitability.
• In-depth knowledge of energy markets (crude oil, natural gas, power, coal) and their derivatives.
• Proven ability to develop and implement successful trading strategies.
• Strong analytical, quantitative, and risk management skills.
• Proficiency in trading platforms and market data analysis tools.
• Excellent decision-making skills and the ability to perform under pressure.
• Strong communication and interpersonal skills, with the ability to collaborate effectively in a hybrid setting.
• Must be able to work from our Vereeniging office for a significant portion of the week.
• Understanding of South African energy market dynamics is advantageous.

Benefits

• Highly competitive base salary of R1,200,000 per annum, plus performance-based bonuses.
• Significant profit-sharing participation.
• Comprehensive medical and dental insurance.
• Generous pension fund contributions.
• State-of-the-art trading infrastructure and technology.
• Opportunities for continuous learning and professional development.
• Hybrid work model offering flexibility.
• Strategic involvement in high-stakes trading decisions.
• Dynamic and intellectually stimulating work environment.
• Excellent career progression opportunities within a top-tier trading firm.