We are seeking experienced Oil Derivative Prop Traders to build and manage directional and relative value strategies across crude oil and refined products (fuel oil, gasoil, gasoline, etc.). The role is ideal for entrepreneurial individuals who are confident in their market views and capable of generating alpha within a risk-managed framework.
Key Responsibilities
-
Run a proprietary trading book focused on oil derivatives (crude and refined products) across global markets.
-
Develop and execute short-term and medium-term trading strategies using futures, options, and swaps.
-
Identify arbitrage and spread opportunities across curves, grades, and geographies.
-
Manage and monitor risk daily, adhering to agreed VAR/stop-loss limits.
-
Collaborate with middle office and risk management teams to ensure accurate P&L and exposure reporting.
-
Contribute to shaping the growth and structure of the Dubai trading team.