At a Glance
- Tasks: Develop and execute trading strategies in the UK and EU gas markets.
- Company: Join a leading energy company with a strong market presence.
- Benefits: Competitive salary, mentorship opportunities, and a dynamic work environment.
- Why this job: Make a real impact in fast-paced gas trading while developing your skills.
- Qualifications: 2-5 years of trading experience and strong analytical skills required.
- Other info: Collaborate with experts and grow your career in a supportive team.
The predicted salary is between 43200 - 72000 £ per year.
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 and quantitative analysis, then design and execute forward-market trade strategies across GB and EU curves.
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 and 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 and 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.
Qualifications
- 2-5 years trading UK/EU gas markets with a demonstrable speculative P&L and proven commercial impact.
- 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.
Gas Trader in City of London employer: ExxonMobil
Contact Detail:
ExxonMobil Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Gas Trader in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, whether it's at events or online. Building relationships can open doors to opportunities that aren't even advertised.
✨Tip Number 2
Show off your skills! Prepare for interviews by practising how to articulate your trading strategies and successes. Use real examples from your experience to demonstrate your expertise in gas markets.
✨Tip Number 3
Stay updated on market trends! Keep an eye on the latest news and data in the gas sector. This knowledge will not only help you in interviews but also show potential employers that you're genuinely passionate about the field.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure your application reflects your unique skills and experiences that align with the Gas Trader role.
We think you need these skills to ace Gas Trader in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Gas Trader role. Highlight your experience in proprietary trading and any specific achievements in European gas markets. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about gas trading and how your background makes you a perfect fit for our team. Don’t forget to mention any relevant relationships you have in the market.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your proficiency in Python, SQL, and Excel. We love seeing candidates who can crunch numbers and derive insights that drive trading strategies!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team. Let’s get started on this journey together!
How to prepare for a job interview at ExxonMobil
✨Know Your Markets Inside Out
Before the interview, make sure you brush up on your knowledge of the UK and EU gas markets. Understand the current trends, pricing inefficiencies, and any recent regulatory changes. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Prepare Your Trade Strategies
Be ready to discuss specific trade strategies you've developed in the past. Think about how you identified opportunities and managed positions. Having concrete examples will help you articulate your thought process and decision-making skills during the interview.
✨Showcase Your Analytical Skills
Since the role requires proficiency in analysing large datasets, be prepared to talk about your experience with tools like Python, SQL, and Excel. You might even want to bring a sample analysis or model you've worked on to illustrate your capabilities.
✨Build Rapport with Interviewers
Remember, strong relationships are key in trading. Use the interview as an opportunity to connect with your interviewers. Ask insightful questions about their experiences and the team dynamics. This will not only make you memorable but also show that you're a team player who values collaboration.