Structured Trader
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Location
Düsseldorf
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Sector:
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Job type:
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Salary:
€100,000 - €140,000 + uncapped commission
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Contact:
Tom Brookes
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Contact email:
tom.brookes@greenrecruitmentcompany.com
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Job ref:
ST12
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Published:
3 months ago
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Expiry date:
2021-01-01
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Consultant:
Tom Brookes
The Green Recruitment company are assisting one of the leading energy generation and trading companies in Europe in their search for a Structured Trader.
The Role:
You will be responsible for the pricing and execution of cross-asset and non-linear derivatives with primary focus on power and gas. You will also be involved in hedging and risk management of cross-asset and non-linear books.
You will need to understand the principles of complex derivation valuation and the limitations of theoretical models in pricing real-world transactions which involve difficult-to-hedge risks.
Responsibilities:
- Options pricing and risk management principles;
- Daily PnL and position reporting as well as ad-hoc analysis to support pricing and risk management activities (working with desk analysts and quants).
- Produce trade ideas through fundamental analysis;
- Provide market reflective prices to the flow businesses;
- Support the shape book;
- Support new market entry.
The Individual:
- Quantitative degree;
- Programming knowledge (ideally Python)
- Previous Trading experience and familiarity with European gas markets;
- Working knowledge of power and gas assets;
- Handle pressure with measured but decisive action;
- Comfortable managing conflicting priorities;
- Communicates clearly and openly.