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 within the company.
- Why this job: Make an impact in fast-paced markets while developing your trading skills.
- Qualifications: 2-5 years of trading experience and strong analytical skills required.
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 in London 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. As a Gas Trader, you will benefit from a culture that prioritises professional growth, with opportunities to mentor junior team members and enhance your analytical skills through collaboration with quantitative teams. With a strong commitment to compliance and a focus on developing market strategies, ExxonMobil provides a rewarding platform for those looking to make a significant impact in the European gas markets.
StudySmarter Expert Advice🤫
We think this is how you could land Gas Trader in London
✨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 you didn’t even know existed.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with market analysis and trading strategies. Share specific examples of how you've generated P&L in the past. We want to see your passion and expertise shine through!
✨Stay Informed
Keep yourself updated on the latest trends and changes in the gas markets. Read up on regulatory updates, market dynamics, and emerging technologies. This knowledge will not only help you in interviews but also show that you're genuinely interested in the field.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows that you’re proactive and really keen on joining our team at ExxonMobil.
We think you need these skills to ace Gas Trader in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Gas Trader role. Highlight your experience in trading UK/EU gas markets and any relevant P&L achievements. We want to see how your skills align with what we're looking for!
Showcase Your Analytical Skills:Since this role involves a lot of market analysis, be sure to showcase your technical and analytical skills. Mention any experience you have with Python, SQL, or advanced Excel. We love seeing candidates who can crunch numbers and derive insights!
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 great fit for our team. We appreciate a personal touch that shows us who you are.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Market Inside Out
Before the interview, dive deep into the current trends and dynamics of the UK and EU gas markets. Be prepared to discuss recent pricing inefficiencies or market distortions you've identified, as this shows your proactive approach and expertise.
✨Showcase Your Analytical Skills
Brush up on your technical skills, especially in Python, SQL, and Excel. Be ready to explain how you've used these tools to analyse data and generate trade ideas in the past. Providing specific examples will demonstrate your capability and confidence.
✨Demonstrate Your Trading Strategy Knowledge
Think about the directional and spread trade strategies you've executed before. Be prepared to discuss your thought process behind these strategies and how you managed positions in response to market signals. This will highlight your strategic thinking and risk management skills.
✨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 trading strategies and team dynamics, showing that you're not just interested in the role but also in contributing to the team's success.
