The Commodities Trader assumes day-to-day trading activities which include executing trading activities based on trading plans, portfolio positions and market conditions. He/She has a sound understanding of the commodity market that supports portfolio optimization and trading activities. He/She is also familiar with trade operations and is able to identify opportunities that could enhance local and regional trade portfolio positions. He/She is expected to maintain good business relationships with trade partners.
Key Responsibilities
- Analyse commodity portfolio to identify trading opportunities
- Apply latest technology to improve operations
- Apply organization’s controls to safeguard commodity portfolio positions.
- Apply relevant commodity trading strategies to guide trade positions during various market trends or economic conditions.
- Build good business relationships with existing networks and possible trade partners.
- Collaborate with the Derivative Trading team to manage risks arising from structured trades.
- Collaborate with the Market Analysis team to form buying or selling decisions.
- Collaborate with the Operations team to handle the physical settlement of commodity.
- Conduct negotiations on buying or selling activities
- Execute targeted trade partnering implementation plan
- Execute trades that are within permitted rates in accordance with portfolio objectives.
- Implement internal trade guidelines to ensure compliance to regulatory requirements and legislations.
- Monitor activities of trade partners, against contract terms and identify performance problems or contractual issues
- Operate new technologies, electronic tools and devices.
- Perform appropriate valuation methods to access commodity valuation
- Prepare periodic portfolio status reports
- Provide assistance in ongoing review of records and information to determine effectiveness of work processes
- Resolve trade contracts, disputes or performance issues at the operational level.
- Support continuous work improvement activities and performance improvement strategies
Required Skills
- 3+ years of trade execution roles with experience in factor-aware trade execution, customized baskets and positions caling.
- Strong understanding of portfolio construction, factor and exposure management, VaR, stress testing and liquidity risk.
- Track record of executing efficiently and consistently across strategies and accounts.
- Practical knowledge of options for hedging and tactical use cases.
- Bachelor’s degree in Finance, Economics, Mathematics or a related field; advanced degree or certifications (e.g CFA) a plus; Advanced degree a plus.
- Familiarity with event-driven commodity trading strategies; a plus
- Experience supporting portfolio alignment across multiple accounts, a plus
Compensation Competitive base salary, stock options + performance-based bonus (50% to 100%, commensurate with experience)
Interested? Email careers [at] huntrecht.com