Oil Trader

About Statkraft

Statkraft is a leading company in the renewable energy sector, with a rich history of over 125 years. We are committed to making clean energy possible and have a strong presence in over 20 countries.

Job Summary

We are seeking a seasoned Quant or fundamental Oil Trader to join our team in London, reporting to the head of Oil Trading. The successful candidate will have a proven track record of developing trading strategies in the oil market and a deep understanding of the oil paper flow and the participants in the market.

Key Responsibilities

• Strategy Development: Develop and implement trading strategies to maximize profitability.
• Position Management: Monitor, manage, and optimize trading positions, ensuring alignment with risk management protocols.
• Risk Management: Build and maintain proprietary risk metrics for sizeable positions; dynamically handle positions in an evolving market.
• Market Analysis: Conduct thorough analysis of market trends, geopolitical events, and economic data to inform trading decisions.
• Collaboration: Work closely with internal teams to resolve trading book issues promptly and effectively.
• Communication: Share market intelligence and insights with the trading desk, fostering an open and informative dialogue.
• Execution: Demonstrate agility and precision in executing trades, understanding the urgency and impact on the market.

Requirements

• Experience: Minimum 5 years of experience in oil trading, with a strong focus on quantitative and fundamental analysis.
• Analytical Skills: Proficiency in using advanced analytical tools and software for market analysis and strategy development.
• Technical Expertise: Deep understanding of oil paper flow, derivatives, and physical trading mechanisms.
• Risk Management: Expertise in constructing and managing risk metrics, including Value at Risk (VaR) and scenario analysis.
• Market Knowledge: In-depth knowledge of global oil markets, including key players, regulatory environments, and trading platforms.
• Communication: Excellent communication skills, with the ability to articulate complex market dynamics and strategies to diverse stakeholders.
• Education: Bachelor's degree in Finance, Economics, Engineering, or related field; advanced degree preferred.

What We Offer

• Unlimited learning opportunities at various levels of the organisation, including LinkedIn Learning and inspiring leadership programs.
• The chance to grow your career alongside a truly global network of experts, leaders, specialists, and graduates from different countries and backgrounds.
• The opportunity to work somewhere with pride, and to be able to honestly say 'My work is contributing to saving the planet'.