Davenport House, 16 Pepper Street, London E14 9RP
London Davenport House, 16 Pepper Street, London E14 9RP

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Insight Recruitment LNG Derivatives Trader 2022-01-21 06:00:01 2022-04-21
or call Matt Knowles on:
+44 (0)207 510 9600
Ref #: MK/DerivsTrader
Location: London Hybrid Working from Home
Salary: £100,000 - £120,000 p.a. + Performance Bonus & GBP
Type: Permanent

A rare opportunity to join an International Energy & Commodity Trader based in Central London.

JOB SUMMARY

Manage & develop price risk mitigation plan and in-house market research functionality through the use of best risk management techniques, financial modelling & analytics tools to protect value, and enhance competitiveness of the company’s LNG portfolio.

MAJOR CHALLENGES:

  • To keep abreast with gas/LNG Market environment to be able to identify trading trends and opportunities.
  • To keep abreast to latest Trading Risk Management concept & practices.
  • To keep abreast with dynamics of energy/commodity/derivatives trading in major trading hubs around the world.

DUTIES AND RESPONSIBILITIES

Derivatives

  • Support the formulation of Hedging strategies through best risk management practices & core financial modelling to ensure trading margins are well protected.
  • Plan & manage price risk mitigation plan by conducting risk exposure assessment & applying effective tools to ensure market risks are mitigated in compliance to company’s policy & guideline. Dissect exposures created by physical deals and monitor evolving positions
  • Provide documentation support to the LNG Trading Desk in relation to all financial gas Agreements and Confirmations. The individual is expected to negotiate documentation with external counterparties and develop a sound knowledge of internal controls and procedures.
  • Support the formulation of Contractual Framework for International Swaps & Derivative Association (ISDA) and Schedules, Long Form Confirmations and Confirmation Notices through competitive negotiation terms with hedging counterparties towards executing a binding agreement to safeguard company’s interest.
  • Provide pricing & risk mitigation advisory by formulating internal forward prices & substantiate with market view to support appropriate evaluation of trading opportunity.

Analytics

  • The individual will be expected build fundamental expertise with regards to the natgas and LNG market including demand forecast, regasification capacity, transit and transport capacities as well as developing cross-commodity analytics.
  • Support in tender submission processes (pricing, view, pre-hedge tactics).
  • Evaluate risks inherent in new technology, regulatory and legal, and project exposures.

Others

  • Precise Deal Entry and detailed Deal validations to make sure Trades are captured timely and accurately.
  • Ensure constant maintenance of information in Energy Trading Risk Management System and/or MTM by monitoring of trade information, static data, and updating registered counterparties and limits to ensure that the information reported in the system is accurate, viable and secure.

REQUIRED SKILLS AND QUALIFICATIONS ESSENTIAL

  • Minimum bachelor’s degree in mathematics/Actuarial science/Finance or any related discipline.
  • Those with Regulatory and/or Professional certification is an added advantage.
  • Demonstrable experience in Risk Management/analysis/operation functions within the Energy and/or financial market. Extensive direct experience in natural gas physical and financial trading.
  • Excellent in excel please specify e.g. Macros
  • Strong analytical, problem solving abilities, excellent interpersonal and communication skills.
  • Ability to work independently & as a team.
  • Established background within physical commodity markets, including natgas;
  • Deep and current understanding of natgas and LNG market dynamics and current projects will be an advantage
  • Good understanding of risk management principles;
  • Strong commercial awareness;
  • Excellent negotiation and communication (written and verbal) skills and proven ability to communicate well at all levels of organisation;
  • Experience 3 to 8 years
Back to Jobs
Ref #: MK/DerivsTrader
Location: London Hybrid Working from Home
Salary: £100,000 - £120,000 p.a. + Performance Bonus &
Type: Permanent

A rare opportunity to join an International Energy & Commodity Trader based in Central London.

JOB SUMMARY

Manage & develop price risk mitigation plan and in-house market research functionality through the use of best risk management techniques, financial modelling & analytics tools to protect value, and enhance competitiveness of the company’s LNG portfolio.

MAJOR CHALLENGES:

  • To keep abreast with gas/LNG Market environment to be able to identify trading trends and opportunities.
  • To keep abreast to latest Trading Risk Management concept & practices.
  • To keep abreast with dynamics of energy/commodity/derivatives trading in major trading hubs around the world.

DUTIES AND RESPONSIBILITIES

Derivatives

  • Support the formulation of Hedging strategies through best risk management practices & core financial modelling to ensure trading margins are well protected.
  • Plan & manage price risk mitigation plan by conducting risk exposure assessment & applying effective tools to ensure market risks are mitigated in compliance to company’s policy & guideline. Dissect exposures created by physical deals and monitor evolving positions
  • Provide documentation support to the LNG Trading Desk in relation to all financial gas Agreements and Confirmations. The individual is expected to negotiate documentation with external counterparties and develop a sound knowledge of internal controls and procedures.
  • Support the formulation of Contractual Framework for International Swaps & Derivative Association (ISDA) and Schedules, Long Form Confirmations and Confirmation Notices through competitive negotiation terms with hedging counterparties towards executing a binding agreement to safeguard company’s interest.
  • Provide pricing & risk mitigation advisory by formulating internal forward prices & substantiate with market view to support appropriate evaluation of trading opportunity.

Analytics

  • The individual will be expected build fundamental expertise with regards to the natgas and LNG market including demand forecast, regasification capacity, transit and transport capacities as well as developing cross-commodity analytics.
  • Support in tender submission processes (pricing, view, pre-hedge tactics).
  • Evaluate risks inherent in new technology, regulatory and legal, and project exposures.

Others

  • Precise Deal Entry and detailed Deal validations to make sure Trades are captured timely and accurately.
  • Ensure constant maintenance of information in Energy Trading Risk Management System and/or MTM by monitoring of trade information, static data, and updating registered counterparties and limits to ensure that the information reported in the system is accurate, viable and secure.

REQUIRED SKILLS AND QUALIFICATIONS ESSENTIAL

  • Minimum bachelor’s degree in mathematics/Actuarial science/Finance or any related discipline.
  • Those with Regulatory and/or Professional certification is an added advantage.
  • Demonstrable experience in Risk Management/analysis/operation functions within the Energy and/or financial market. Extensive direct experience in natural gas physical and financial trading.
  • Excellent in excel please specify e.g. Macros
  • Strong analytical, problem solving abilities, excellent interpersonal and communication skills.
  • Ability to work independently & as a team.
  • Established background within physical commodity markets, including natgas;
  • Deep and current understanding of natgas and LNG market dynamics and current projects will be an advantage
  • Good understanding of risk management principles;
  • Strong commercial awareness;
  • Excellent negotiation and communication (written and verbal) skills and proven ability to communicate well at all levels of organisation;
  • Experience 3 to 8 years
Back to Jobs

  Apply Now

Upload Your CV:
or call Matt Knowles on:
+44 (0)207 510 9600