We are currently working with a rapidly growing commodities prop trading firm that is expanding their refined products desk. They are looking to bring on a refined products trader, (gasoline, diesel, jet fuel) with a reputable track record to come in and run a portion of the products book. This is a rare opportunity to join a commodities trading firm that has never had a down year and contribute to the overall PnL. This role will sit in Houston, TX.
Responsibilities:
• Developing, optimizing, and enhancing semi-systematic trading models, signals and algorithms
• Take ownership of PnL in the Refined Products business in a risk-taking seat
• Work collaboratively with researchers/analysts to implement new trade ideas within the refined products market
• Develop models related to S&D balances, future price forecasts, inventory forecasts, etc.
Requirements:
• At least 3-5 years on a refined product desk at a commodity prop shop, fund, or utility
• Proven track record of at generating PnL through Refined Products derivatives trading strategies
• Advanced degree in Computer Science, Statistics, Applied Mathematics, Electrical Engineering, Mechanical Engineering, or similar
• Experience doing research/analysis related to the global refined products markets