At a Glance
- Tasks: Own P&L for soft commodities, especially cotton, and develop trading models.
- Company: Join DV Group, a dynamic financial services firm with over 450 employees across North America and Europe.
- Benefits: Enjoy an entrepreneurial culture, opportunities for growth, and a collaborative team environment.
- Why this job: Be part of a rapidly growing division in the global energy market with a focus on innovation.
- Qualifications: Experience in softs trading, strong P&L track record, and proficiency in Excel; programming skills are a plus.
- Other info: DV is committed to diversity and inclusion, welcoming applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
About Us:
Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 450 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.
DV Commodities is a rapidly growing division that specializes in trading crude oil, refined products, natural gas, and related energy markets across US, Europe, and Asia. Our proprietary risk management and trading methodologies along with a strong ability to adapt to changing conditions has allowed DV Commodities to grow into one of the largest financial participants within the global energy complex.
Responsibilities:
- Primary owner of P&L in one or multiple products in the softs/Ags space – Preference for cotton
- Build and maintain rigorous fundamental trading models
- Work with risk to ensure compliance with agreed upon risk management metrics and sizing
- Liaise with wider softs team to share knowledge, trading ideas and risk positioning, where applicable
- Grow existing trades and P&L while identifying and pursuing new opportunities, in a very entrepreneurial culture
- Further responsibilities may be driven by the individual’s interests and specific skills
Requirements:
- Softs trading experience required
- Proven track record with strong and consistent historical P&L’s
- Exceptional knowledge of fundamental concepts within chosen product(s) traded
- A strong understanding of futures/options risk
- Self-starter with entrepreneurial spirit
- Able to learn quickly in a fast paced, high pressure environment
- Maintain composure and communicate clearly when under pressure
- Ability to succeed working as part of a diversified team
- High level of proficiency in Excel; SQL, python, statistical modelling, other programming a plus
DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV’s posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.
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Trader – Soft Commodities (Cotton) employer: DV Trading LLC
Contact Detail:
DV Trading LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trader – Soft Commodities (Cotton)
✨Tip Number 1
Familiarise yourself with the latest trends and news in the soft commodities market, particularly cotton. This will not only help you understand the current landscape but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the trading industry, especially those who specialise in soft commodities. Attend relevant conferences or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Brush up on your Excel and programming skills, particularly in SQL and Python. Being proficient in these areas is crucial for building and maintaining trading models, which is a key responsibility of the role.
✨Tip Number 4
Prepare to demonstrate your entrepreneurial spirit and self-starter attitude. Think of examples from your past experiences where you've taken initiative or successfully navigated high-pressure situations, as this aligns well with the company culture at DV Trading.
We think you need these skills to ace Trader – Soft Commodities (Cotton)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your soft commodities trading experience, particularly with cotton. Include specific examples of your P&L achievements and any relevant skills in risk management and trading strategies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for trading and your entrepreneurial spirit. Mention how your background aligns with DV Trading's values and their focus on adaptability in the fast-paced market.
Highlight Technical Skills: Emphasise your proficiency in Excel, SQL, and any programming languages you know, such as Python. Provide examples of how you've used these skills in previous roles to enhance trading models or risk management.
Showcase Team Collaboration: In your application, mention experiences where you've successfully worked as part of a team. Highlight how you’ve shared knowledge and trading ideas, as this is crucial for the role at DV Trading.
How to prepare for a job interview at DV Trading LLC
✨Showcase Your Trading Experience
Be prepared to discuss your previous soft commodities trading experience in detail. Highlight specific examples of how you've managed P&L and the strategies you employed, particularly focusing on cotton if applicable.
✨Demonstrate Your Analytical Skills
Since the role requires building and maintaining trading models, be ready to explain your approach to fundamental analysis. Discuss any relevant tools or methodologies you use, such as Excel or statistical modelling, to support your trading decisions.
✨Communicate Under Pressure
The interview may involve scenarios that test your ability to maintain composure under pressure. Practice articulating your thought process clearly and confidently, especially when discussing risk management and compliance.
✨Emphasise Team Collaboration
Highlight your experience working within a team environment. Share examples of how you've collaborated with others to share trading ideas and risk positioning, as this is crucial in DV's entrepreneurial culture.