At a Glance
- Tasks: Join our team to trade crude oil and products, optimising flows and developing strategies.
- Company: A leading player in the commodity trading sector, based in vibrant London.
- Benefits: Enjoy competitive pay, growth opportunities, and a dynamic work environment.
- Why this job: Gain exposure to the entire trading lifecycle and make a real impact in the industry.
- Qualifications: 10+ years in trading with expertise in derivatives and gasoline markets required.
- Other info: This role offers a chance to innovate and expand light ends activities.
The predicted salary is between 72000 - 108000 £ per year.
Our client are searching for Senior Light Ends Trader to join their team that will focus on trading of crude oil and products, based in London. This role will give you exposure to the entire commodity trading lifecycle, both physical and financial.
Job Function:
– Developing and expanding the light ends activities both with new ideas around the current assets and growth initiatives
– Trading of physical light ends books and associates derivatives
– Devising proprietary trading strategies, both on physical and derivatives, and liaise with system to optimise the flows
– Liaise with shipping for the chartering of shipping, on spot or term basis
Responsibilities:
– locate and acquire optimal feedstock for the company\’s refining and petrochemical system, locate and sell the company\’s refining and petrochemical system products to the best buyer
– support the origination team in developing long-term asset and contractual positions in line with the company\’s long-term products trading strategy
Desired Skills:
– 10+ years experience in trading, with a proven track record of delivery
– experience with derivative instruments for hedging
– must have experience with naphtha, and strong knowledge of gasoline markets, including physical and futures trading
Senior Trader employer: Eleven
Contact Detail:
Eleven Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Trader
✨Tip Number 1
Network with professionals in the commodity trading sector, especially those who specialise in light ends and crude oil. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in the market.
✨Tip Number 2
Stay updated on market news and developments related to naphtha and gasoline. Follow relevant publications and join online forums where traders discuss strategies and market movements to enhance your knowledge and insights.
✨Tip Number 3
Consider reaching out to current or former employees of the company to gain insights into their trading strategies and company culture. This can help you tailor your approach during interviews and demonstrate your genuine interest in the role.
✨Tip Number 4
Prepare to discuss your previous trading experiences in detail, particularly any proprietary strategies you've developed. Be ready to explain how these strategies have led to successful outcomes, as this will showcase your expertise and fit for the role.
We think you need these skills to ace Senior Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 10+ years of trading experience, particularly in light ends and derivatives. Use specific examples of your achievements in trading naphtha and gasoline markets to demonstrate your expertise.
Craft a Compelling Cover Letter: In your cover letter, express your passion for commodity trading and detail how your skills align with the responsibilities of the Senior Trader role. Mention your experience in developing proprietary trading strategies and liaising with shipping for chartering.
Showcase Relevant Skills: Emphasise your knowledge of both physical and financial trading aspects. Highlight your ability to locate optimal feedstock and sell products effectively, as well as your experience with derivative instruments for hedging.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in trading roles.
How to prepare for a job interview at Eleven
✨Showcase Your Trading Experience
Make sure to highlight your 10+ years of trading experience during the interview. Discuss specific examples where you've successfully traded light ends or derivatives, and how your strategies have led to positive outcomes.
✨Demonstrate Knowledge of Gasoline Markets
Prepare to discuss your understanding of gasoline markets, including both physical and futures trading. Be ready to explain how you stay updated on market trends and how this knowledge has influenced your trading decisions.
✨Discuss Proprietary Trading Strategies
Be prepared to share insights into proprietary trading strategies you've devised in the past. Explain how these strategies have optimised flows and contributed to the success of previous roles, particularly in relation to physical and derivative trading.
✨Engage with Shipping and Chartering Knowledge
Since liaising with shipping is a key responsibility, demonstrate your understanding of chartering processes. Discuss any relevant experiences you have had in coordinating shipping logistics and how it impacts trading operations.