Commodity Structured Product Trader
The ideal candidate will have 2 to 3 years’ commodities vanilla and exotic options trading (or structuring) experience, together with a strong quantitative and theoretical background looking to develop their career as a commodity structured product trader within an established trading house.
The role provides great potential and opportunity for trading volume growth with the intention of increasing your trading responsibilities and limits.
You must be a highly organised, self-motivated person who displays a high degree of initiative and works well as part of a team.
RESPONSIBILITIES
- Price commodity structured products requested from the sales team.
- Hedge structured products deals and execution.
- Manage commodity books (dynamic hedging, expiries, position unwind, etc.).
- Book trades in front end system.
- Predict and explain PL.
- Develop pricers, create templates, test models in front office system.
- Work closely with sales and structurer to customize hedging/proprietary solution for hedgers and investor.
- Analyse market fundamentals and take trading position.
PERSON SPECIFICATION
- 2 to 3 years commodities vanilla and exotic options trading (or structuring) experience, ideally in the softs or agricultural commodities.
- Strong educational and theoretical background and capability to understand complex derivatives and structured products.
- In depth knowledge of current trends in commodities world.
- Attention to detail.
- Personally equipped to work in a fast paced, pressurised environment with the ability to prioritize multiple tasks.
- Able to work on own initiative and willing to take timely decisions.
- Determined and resilient with a desire to make a long term contribution to the business.
- Highly numerate and analytical.
- Proficient IT skills are crucial, particularly Excel/VBA for sending out and collating information.
- Knowledge of Murex environment would be a plus.
- Excellent business English is a requirement.
COMPANY BACKGROUND
Established in 1783, EDF Man is a specialist merchant of agricultural commodities, trading specifically in sugar, molasses and coffee. We also act as broker to clients who need to access commodity and capital markets to hedge their risk.
EDF Man is a highly entrepreneurial environment providing the opportunity to build an international career in a partnership culture.
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