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Gas trader

London
Permanent
ExxonMobil
Trader
€85,000 a year
Posted: 6 February
Offer description

Overview

We are seeking an, experienced Gas Trader to strengthen our London trading team. This is a high-impact role for a Gas Trader with a strong track record of proprietary trading P&L generation in European gas markets. You will identify opportunities in the gas markets by leveraging market insight & quantitative analysis, then design and execute forward-market trade strategies across GB & EU curves., Speculative & Proprietary Trading


Responsibilities

* Develop and execute directional and spread trade strategies across UK and Europe gas curves.
* Manage positions down the curve in response to fundamental, technical, fuel /emission prices and weather-driven signals.
* Identify pricing inefficiencies and distortions between markets, tenors, and products to generate P&L.
* Analyse fundamental, regulatory, and market data to generate trade ideas and stress-test scenarios.
* Collaborate with quants to enhance models, including inputs to volatility and cross-commodity dynamics.
* Work with the analyst team to maintain gas supply/demand models factoring in both European and global dynamics.
* Take ownership of trade strategies using VAR limits, P&L performance & trade management techniques. Work with Risk to maintain accurate position management.
* Adhere strictly to compliance and regulatory guidelines applicable to European and UK gas markets and to ExxonMobil policies.
* Have & maintain strong relationships with brokers, market participants, and counterparties to support deal flow business and market access.
* Work internally with origination, the operations team and contribute to widening desk capability and strategy development. Mentor and help to develop junior team members.
* 2-5 years trading UK/EU gas markets with a demonstrable speculative P&L and proven commercial impact.


Qualifications

* Deep understanding of gas markets, ideally including experience with pipeline/storage optimization.
* Strong relationships with market counterparties and experience of deal development.
* Proficiency in analysing large datasets; working knowledge of Python, SQL, and advanced Excel preferred.
* Ability to work with quantitative teams on improving models, signals, and analytics that support trading strategy.
* Highly numerate, decisive, and comfortable taking well considered risk.
* Excellent communication skills and the ability to articulate trade rationale clearly.
* Strong situational awareness, discipline, and an ability to operate effectively in fast-moving markets.
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