At a Glance
- Tasks: Trade fuel oil swaps and develop innovative trading strategies in a fast-paced environment.
- Company: Neruda Capital, a dynamic trading firm based in Dubai and London.
- Benefits: Autonomy in strategy development, robust support infrastructure, and growth opportunities.
- Other info: Collaborative culture with a focus on risk management and market insights.
- Why this job: Join a team where your trading skills can directly impact performance and profitability.
- Qualifications: 3-5 years of fuel oil trading experience with a strong track record.
The predicted salary is between 43200 - 72000 £ per year.
Neruda Capital is a proprietary trading and risk management firm focused on the global energy complex. From our base in Dubai, we trade listed and OTC derivatives across crude oil, fuel oil, and refined products, with exposure to major benchmarks including Brent, WTI, and Dubai. Our approach combines fundamental insight, macro analysis, and disciplined risk management to generate consistent returns across markets.
We are seeking an experienced paper fuel oil trader to join our derivatives trading desk in Dubai or London. The successful candidate will focus on identifying and executing trading opportunities across global crude benchmarks and related spreads, operating within defined risk parameters and contributing directly to the firm's overall P&L.
Key Responsibilities- Trade Fuel oil swaps across ICE, CME and OTC markets — outrights, spreads, cracks, and inter-commodity structures.
- Develop and execute directional, relative value, and macro-driven trading strategies.
- Monitor global crude fundamentals, flows, OPEC policy, refinery margins and macroeconomic drivers influencing price action.
- Manage risk, exposure, and daily P&L in line with internal limits and desk strategy.
- Maintain and refine analytical models, pricing tools, and trade logs to support decision-making.
- Liaise closely with operations, risk and compliance teams to ensure accurate trade capture, reporting, and governance.
- Share market views and contribute to Neruda's broader energy trading strategy.
- Minimum 3–5 years' experience trading fuel oil swaps (proprietary, hedge fund, or trading house background preferred).
- Demonstrable track record of P&L generation and disciplined risk control.
- Strong quantitative and analytical mindset with macro awareness.
- High self-motivation, integrity, and ability to perform in a fast-paced, performance-driven environment.
We offer a flat, entrepreneurial structure where traders have autonomy to develop and manage strategies backed by robust risk, operations, and compliance infrastructure. As the firm continues to expand its presence across crude and refined product markets, this role provides a direct opportunity to scale risk and impact firm-wide performance.
Paper Fuel Oil Trader in London employer: Neruda Capital
Neruda Capital is an exceptional employer, offering a dynamic and entrepreneurial work environment in the heart of Dubai's trading hub. With a focus on professional growth, our flat organisational structure empowers traders to develop their own strategies while benefiting from comprehensive support in risk management and operations. Join us to be part of a team that values integrity, innovation, and performance, providing you with the opportunity to make a significant impact on the firm's success.
StudySmarter Expert Advice🤫
We think this is how you could land Paper Fuel Oil Trader in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Neruda Capital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Paper Fuel Oil Trader in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Neruda Capital.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Neruda Capital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Neruda Capital
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Neruda Capital.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Neruda Capital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Neruda Capital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
