Senior Oil Derivatives Trader (Spec), Location: Global/Singapore
We are working on a confidential mandate seeking an Senior Oil Derivatives Trader (Spec), cross barrel (or any part of the barrel) to join a global commodities trading organization. The role is focused on actively generating profits through discretionary trading of oil‑related derivatives, operating within clearly defined risk and VaR limits. The position sits on a proprietary trading book and is performance‑driven. The role can be based in Singapore or one of their key offices globally.
Key Responsibilities
- Generate consistent P&L through speculative trading of oil derivatives, within assigned VaR and risk limits
- Trade a range of oil‑linked instruments, including but not limited to futures, options, spreads, and structured derivatives
- Develop and execute directional and relative‑value trading strategies across crude and refined products
- Actively manage risk exposure, ensuring compliance with VaR, stress limits, and stop‑loss parameters
- Monitor global macro, geopolitical, and fundamental oil market drivers to identify trading opportunities
- Work closely with risk management, middle office, and operations to ensure accurate P&L, valuation, and reporting
- Adjust positioning dynamically in response to market conditions, volatility, and liquidity
- Maintain strong discipline around capital usage, drawdowns, and risk‑adjusted returns
Key Performance Metrics
- Absolute and risk‑adjusted P&L performance
- Adherence to VaR, drawdown, and loss limits
- Consistency of returns across market regimes
- Quality of trade rationale and post‑trade analysis
Requirements
- Proven experience trading oil or energy derivatives in a speculative or proprietary capacity
- Consistently making profits year-on-year (i.e. no wild swings in P&L)
- Strong understanding of derivatives pricing, volatility, and Greeks
- Demonstrated ability to manage a VaR‑constrained trading book
- Solid grasp of oil market fundamentals, term structure, and cross‑commodity relationships
- High level of risk awareness, discipline, and accountability
- Ability to operate independently in a fast‑moving trading environment
- Excellent analytical skills and market intuition
Kindly drop us a copy of your CV (word format) and through this application to register your interest.
All our conversations will be kept strictly confidential.
We regret that only shortlisted candidates will be contacted. Thank you.
Selby Jennings is a Trading Style of Phaidon International (License number R16S8194)
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