LNG Trader (Prop)

  • Permanent
  • London
  • This position has been filled

Imperium Commodity Search

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Title: Derivatives LNG Trader (Proprietary/Prop Trading)
Contract type: Permanent
Location: London, UK
Salary: in region of 150,000GBP
Retained & Exclusive Vacancy

Imperium Commodity Search is retained by an international oil & energy trading house with physical business across Europe in both crude and products/distillates.  Having increased profits consistently on the physical business in previous years, the company is expanding its prop trading function and utilising a growing capital base to generate returns on prop trading carbon, emissions and (soon to be) LNG.  To build the LNG business, our client is seeking an experienced LNG (Liquified Natural Gas) trader with a proven track record in the space.

Prop specific details:

  • Starting DVAR of c. 250,000USD
  • Scalable DVAR over profitable trading year up to 500,000-1MM USD
  • Target returns 5-10x DVAR

Responsibilities:

  • Establish the LNG prop trading desk within the derivatives segment of the trading house
  • Build the LNG portfolio and increase PnL over a scaleable dairly VAR limit
  • Constantly monitor market analysis, risk and geopolitical events; staying on top of swings and movements in the derivative LNG markets
  • Apply quant strategies and developed research to formulate trading decisions, utilising VAR efficiently to maximise profits
  • Work with the physical team to identify prop/derivative trading opportunity in the LNG markets
  • Maximise returns through smart position taking, incrementally increasing VAR limits through maturity stages of the LNG trading book

Experience:

  • 2+ years of experience trading LNG
  • 5+ years of experience in proprietary/derivative/flow trading in the energy space
  • Excellent mathematical understanding with the ability to apply curves and real world data to trading LNG
  • Good knowledge and understanding of the global LNG landscape
  • Quant experience
  • Desire to grow a desk from scratch in a well financed and organically growing trading business
  • Able to relocate, or located in London

To arrange an in-confidence discussion with the managing consultants on this account, please contact either Josh Clark or Mark Taylor:
josh.clark@imperiumcs.com
mark.taylor@imperiumcs.com
+44 (0) 203 927 5090

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