At a Glance
- Tasks: Trade gas in UK and EU markets, executing strategies for profit generation.
- Company: Join ExxonMobil, a leading energy company with a commitment to diversity.
- Benefits: Competitive salary, career development, and a dynamic work environment.
- Other info: Opportunity to mentor junior team members and grow your career.
- Why this job: Make a significant impact in the fast-paced gas trading market.
- Qualifications: 2-5 years of trading experience with strong analytical skills.
The predicted salary is between 60000 - 80000 £ 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 & quantitative analysis, then design and execute forward market trade strategies across GB & EU curves.
Key Responsibilities
- Speculative & Proprietary Trading: 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.
- Market Analysis & Modelling: 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.
- Risk & Performance Management: Take ownership of trade strategies using VAR limits, P&L performance & 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 & 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 We're 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. 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: Job Search Place Limited
ExxonMobil is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive training opportunities and mentorship for our team members, ensuring they excel in their careers while contributing to impactful trading strategies in the European gas markets. Our inclusive culture fosters strong relationships and encourages a proactive approach to market challenges, making ExxonMobil a rewarding place to advance your career as a Gas Trader.
StudySmarter Expert Advice🤫
We think this is how you could land Gas Trader
✨Network Like a Pro
Get out there and connect with people in the gas trading scene! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and market insights. Share specific examples of how you've identified pricing inefficiencies or developed successful trade strategies. We want to see your expertise shine!
✨Stay Informed
Keep up with the latest trends and news in the gas markets. Being knowledgeable about current events and regulatory changes shows you're serious about the role. Plus, it gives you great talking points during interviews!
✨Apply Through Us
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Gas Trader
Some tips for your application 🫡
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.
Showcase Your Analytical Skills:Since this role involves a lot of market analysis and modelling, don’t forget to showcase your proficiency in analysing large datasets and any experience with Python or SQL. We love seeing candidates who can bring strong technical skills to the table!
Highlight Your Relationships:Strong relationships with market participants are key for this role. Make sure to mention any connections you have and how they’ve helped you in your trading career. We value collaboration and networking!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you into our system quickly!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Gas Markets
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. Being able to discuss these topics confidently will show that you're not just familiar with the market but actively engaged in it.
✨Quantitative Skills Matter
Since the role requires proficiency in analysing large datasets and using tools like Python and SQL, be prepared to discuss your technical skills. Bring examples of how you've used these tools in past roles to generate trade ideas or improve models. This will demonstrate your analytical capabilities and how they can benefit the team.
✨Showcase Your Trading Strategies
Be ready to talk about your previous trading strategies and the P&L you've generated. Highlight specific examples where you've identified opportunities or managed positions effectively. This will help illustrate your experience and success in speculative trading, which is crucial for this role.
✨Build Relationships
Since strong relationships with brokers and market participants are key, think about how you've built and maintained these connections in the past. Be prepared to discuss your approach to networking and collaboration, as well as how you can leverage these relationships to support deal flow and market access.
