At a Glance
- Tasks: Develop and execute trading strategies in the UK and EU gas markets.
- Company: Join ExxonMobil, a leading energy company with a commitment to innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make a real impact in fast-paced gas trading while developing your skills.
- Qualifications: 2-5 years of trading experience with strong analytical and technical skills.
- Other info: Mentorship opportunities and a collaborative team culture await you.
The predicted salary is between 48000 - 72000 Β£ per year.
We are seeking an experienced Gas Trader to strengthen our London trading team. This is a high-impact role for a 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 & 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.
What Weβre Looking For
Experience & Track Record
- 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.
Technical & Analytical Skills
- 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.
Competencies
- 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 employer: ExxonMobil
Contact Detail:
ExxonMobil Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Gas Trader
β¨Tip Number 1
Network like a pro! Get out there and connect with industry folks, attend events, and join online forums. The more people you know in the gas trading scene, the better your chances of landing that dream job.
β¨Tip Number 2
Show off your skills! Prepare to discuss your trading strategies and past successes in detail during interviews. Be ready to explain how you've generated P&L and tackled market challenges β this is your time to shine!
β¨Tip Number 3
Stay updated on market trends! Keep an eye on news, reports, and data related to gas markets. Being knowledgeable about current events will help you stand out and show that you're genuinely interested in the role.
β¨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure your application reflects your passion for gas trading and highlights your relevant experience. Let's get you on board!
We think you need these skills to ace Gas Trader
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to highlight your experience in trading UK/EU gas markets. We want to see your track record of P&L generation and any relevant skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your trading strategies and how you've identified market opportunities in the past.
Showcase Your Analytical Skills: Since we value strong analytical skills, be sure to mention your proficiency with tools like Python, SQL, and Excel. Highlight any projects where you've used these skills to drive trading decisions.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role without any hiccups!
How to prepare for a job interview at ExxonMobil
β¨Know Your Gas Markets
Before the interview, brush up on your knowledge of the UK and EU gas markets. Be prepared to discuss recent trends, pricing inefficiencies, and any regulatory changes that could impact trading strategies. This shows youβre not just a trader but someone whoβs genuinely engaged with the market.
β¨Quantitative Skills Matter
Since the role requires proficiency in Python, SQL, and advanced Excel, make sure you can demonstrate your technical skills. Bring examples of how you've used these tools to analyse data or improve trading models. Itβs a great way to show you can contribute from day one.
β¨Articulate Your Trade Rationale
Practice explaining your past trading decisions clearly and concisely. Interviewers will want to know how you arrived at your trade strategies and the thought process behind them. Being able to articulate this effectively can set you apart from other candidates.
β¨Build Relationships
Highlight your experience in building strong relationships with brokers and market participants. Share specific examples of how these connections have helped you in your trading career. This demonstrates your ability to navigate the market and enhances your credibility as a candidate.