Head of Macro Trading
The Macro Trader will be responsible for identifying and executing trading strategies based on global macro trends and developments, specifically within the energy commodity market. This role is for a newly created desk, and the successful candidate will be expected to contribute to building and developing the trading capability in the macro space within the company. The candidate will have a strong background in fundamental analysis, risk management, and a proven track record of profitable trading.
Your accountabilities
- Develop and implement trading strategies that capitalise on global macroeconomic trends and developments, with a focus on the energy markets, including crude oil, petroleum products, natural gas, and other relevant energy commodities.
- Conduct in-depth research and analysis of global economic indicators, geopolitical events, and market trends to inform trading decisions.
- Manage risk across the trading desk, ensuring compliance with VAR limits and other risk management policies.
- Collaborate with other team members to identify and capitalise on trading opportunities driven by macroeconomic factors.
- Monitor and analyse market conditions, adjusting trading strategies as needed to maximise profitability.
- Utilise various financial instruments, including options, to leverage trading positions and manage portfolio risk.
Your profile
- 5+ years of experience in energy commodity trading in a proprietary trading environment, with a focus on oil, oil products, and natural gas.
- Strong understanding of macroeconomic analysis, market dynamics, and trading strategies.
- Proven track record of profitable trading and risk management, running a book with significant VaR.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong communication and interpersonal skills, with the ability to work effectively in a team environment.
- Proficiency in trading platforms and financial analysis tools.
- Familiarity with trading key benchmark crudes, major oil products, and natural gas worldwide.
- Knowledge of options and other financial instruments for leveraging trading positions and managing portfolio risk.
- Analytical Thinking: Ability to analyse complex macroeconomic data and develop actionable trading strategies.
- Risk Management: Strong understanding of risk management principles and the ability to manage risk across the trading desk.
- Communication: Excellent communication skills, with the ability to convey complex information clearly and effectively.
- Team Collaboration: Ability to work collaboratively with other team members to identify and capitalise on trading opportunities.
- Adaptability: Flexibility to adjust trading strategies in response to changing global macroeconomic conditions.
- Initiative: Proactive approach to identifying opportunities and driving the development of the trading desk.
- Strategic Vision: Capacity to contribute to the long-term strategic direction of the trading desk and the company.