Band: Senior Manager 1
Introduction: Energy and Risk Management Solutions is managing the financial exposure to energy prices for industrial consumers, including the firms own processing plants. The portfolio manages a large ( ca. $ 800 Million per annum ), and diverse as it includes exposure to transportation fuels, natural gas, electricity, coal and emissions in Western Europe and Asia.
This portfolio is actively managed with significant flexibility in terms of positioning against the hedging requirements. Risk limits and controls have been set in accordance with the trading environment is acting with. Performance measures and compensation set are commensurate with standards applicable in the Energy Trading industry.
Job Profile: This position will have a leadership role in managing the Directional exposure to petroleum and electricity markets, by developing strategies focused on fixed price positioning. Financial options are an essential tool for implementing these strategies.
This position’s objective is to generate proprietary trading income – with an initial target of $ 7 Million through the management of the portfolio of internal and external customers. In addition, this individual will interact regularly with customers to communicate his market views.
Job Structure: This position, is part of a trading team comprised of two Senior Traders focused on relative value and products markets. This team has full access to the resources developed to serve its Energy trading businesses: market research, software, risk analysts..
Education: Master in Economics Engineering Degree with strong mathematical background
P&L Impact: Initial expectations of 5 to 7 USD Million per year.
Requirements:
Musts: Minimum of 10 years of trading experience in the financial markets. Proven track record in Directional trading in energy and/or financial markets (Foreign Exchange, Stock indices… Strong experience in options trading. Team player.
Wants: Experience in natural gas and power markets a plus. Strong analytical skills. Disciplined trading approach.