Our client, an established commodity trading house, is expanding their team in London / Geneva. As part of their diversification strategy, they are launching an Oil Trading Desk and are seeking a highly experienced speculative oil trader to build, lead, and scale this new trading business.
Responsibilities
* Build and lead the proprietary oil trading desk from inception, including trading strategy, structure, and risk framework.
* Execute speculative trading strategies across crude and refined products, including directional, relative-value, spreads, and arbitrage positions.
* Deploy risk capital with discipline and maintain consistent, risk-adjusted P&L performance.
* Identify opportunities in futures, swaps, time spreads, crack spreads, inter-grade arbitrage, and regional dislocations.
* Analyse global supply-demand fundamentals, macro drivers, refining economics, and geopolitical developments to form strong market views.
* Develop and maintain relationships with brokers, refiners, producers, and counterparties to enhance execution and market access.
* Coordinate with operations, logistics, trade finance, and risk teams when positions involve physical or optionality components.
* Recruit, mentor, and eventually scale a team of traders and analysts as the desk grows.
Requirements
* 10+ years of proven success in oil trading within a prop desk, trading house, hedge fund, NOC trading arm, or energy-focused investment platform.
* Strong and verifiable track record of consistent P&L generation with disciplined risk management.
* Deep knowledge of crude and product markets, derivatives, spreads, options, and global oil flows.
* Based in London / Geneva.