Senior Commodities Options Prop Trader Required – Leading Buy Side organisation – Chicago, USA. Up to $175k + PnL + Package recruitment

Montash Associates is partnering with a market leading, well established buy side organisation and are looking to aid the expansion of their Commodity trading business.

They are looking to grow aggressively this year due to exceptional performance in 2011. They will be adding at least 2 individuals to the group.

They are looking for experienced traders, and have asked us to search globally for the best. Relocation assistance is available for the perfect candidate; the role will be based in Chicago, USA. There is scope for the individual to be based internationally in the future as this organisation has offices globally, but the initial ‘set up’ will have to take place in their head office.

They are looking for individuals with a proven track record in Commodity trading. This does not necessarily mean a huge PnL figure, but consistent, positive returns over 2 or more years. 

The group is looking to expand their agriculture and soft commodity options desk into the life products (mainly Rape seed, Coffee and Sugar). They currently have a strong presence in agriculture and wheat, and they are looking to expand this, increase volume and generate higher PnL. They are also looking for traders focussing on natural gas, electricity and power options.

This is a voice brokered options desk, and is not a quant trading team. They have a strong quant focus, and use an intelligent approach to deciding what trades to make, executing based on the pricing models that they build. The group is highly collaborative and shares ideas extensively.

To summarise, the core requirements for this position are:

• Commodity Options Trading experience. 2+ years. Located anywhere globally. Voice brokered options desk exposure

• Proven track record, i.e. consistent, positive returns, not necessarily a huge PnL figure

• Excellent commodity knowledge, any of the following: Nat Gas, Rape Seed, Coffee, Sugar, Wheat, Electricity, Power

• Strong quantitative/modelling skills

• Excellent communication skills

• Strong interpersonal skills and team working ability

In return for this the package on offer is exceptional. The base salary and remuneration in total will be entirely dependent upon the specific individual. Base salaries are thus flexible, and will be based upon current compensation and performance, as well as what you can bring to the table in terms of knowledge and expertise. Base salaries will be up to $175k, and there will be a strong percentage of PnL and flexible benefits package paid on top of this.

To apply, please send a copy of your CV to edwardb@montash.com. Alternatively, I can be contacted on +44 (0) 207 749 6066. All conversations, applications and correspondence will be treated in the strictest confidence.

Ref: EB/COT/US/103

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