Oil Trader

£100000 - £150000 TAX FREE + Bonus+ Relocation assistance + Healthcare and visa sponsorship

A growing energy trading group with a strong presence across refined products, derivatives, and structured energy markets is seeking an experienced Oil Derivatives Trader to join its Dubai‑based paper trading business. The firm offers a dynamic and entrepreneurial environment where market expertise, creativity, and disciplined risk taking are highly valued.

This position involves managing a proprietary and client‑facing derivatives book focused on global oil markets (across all oil products). The successful candidate will identify and execute trading opportunities, structure hedging strategies, and manage exposure across multiple benchmarks and regions.

• Trade oil derivatives and related instruments such as swaps, time spreads, and options across global benchmarks.
• Develop and implement trading strategies leveraging market fundamentals, refinery economics, and shipping dynamics.
• Analyse market data, volatility patterns, and arbitrage opportunities to optimise portfolio performance.
• Monitor and control exposures in line with desk and corporate risk parameters.
• Build and maintain relationships with brokers, exchanges, and counter‑parties to enhance trade flow and liquidity.
• Contribute to internal market analysis and strategic discussions with senior management.

• At least 5 years of experience trading oil or refined product derivatives at a commodity trading house, bank, or energy firm.
• Demonstrated success in generating consistent P&L while maintaining strong risk discipline.
• Deep understanding of global oil markets.
• Strong quantitative and analytical skills with proficiency in derivatives pricing and spread analysis.
• Commercially driven, detail‑oriented, and comfortable managing complex trading strategies.
• Excellent communication and stakeholder engagement skills.
• Degree in Finance, Economics, Engineering, or a related quantitative discipline; advanced qualifications desirable.

• Competitive compensation with performance linked incentives.
• Exposure to global energy markets from a major trading hub.
• Entrepreneurial environment with significant autonomy and growth potential.
• Access to advanced analytics, data, and trading platforms.

Qualified candidates are invited to submit a CV and summary of relevant trading experience, including recent market focus and P&L performance.