LONDON OR DUBAI
UP TO £100,000 + upto 40% of PnL (paid out quarterly)
Hybrid working and $250,000 desk costs a year
An established and growing Commodity Hedge Fund based in Mayfair, London with over $150 million AUM,is seeking to recruit an Oil Derivatives Trader to bolster its expanding Commodity Trading desk and Operations teams.
Overview:
The Oil Trader (Derivatives) will play a pivotal role in executing and managing derivatives trading activities in the oil market. Operating within a fast-paced and competitive environment, the trader will utilize their expertise to capitalize on market opportunities, manage risks, and deliver profitable outcomes for the company.
The firm has recently experienced a surge in Assets Under Management (AUM), onboarded new Portfolio Managers (PMs) and Traders, and is now seeking a high level Trader.
- Hybrid, or full time in the office in Mayfair
- 150 AUM worth of trading last year
- 1m+ of VAR to trade with
- Good risk levels
- Only cost is the desk cost which is $250k or less a year - they pay for all platforms for Traders (if you don't use all the platforms then you pay less desk cost)
- Across the barrel trading in all areas of Oil
Essential criteria
- Current OIL DERIVATIVES Book to be £5m+ (not for a team but individual billing)]
- Can work Remotely and go to Mayfair Office once per month OR can be in the Mayfair Office every day !
- Experience in Oil Derivatives only, not Derivatives off the back of physical trading.