Derivatives Trader Cert - London, United Kingdom - Shell

Shell

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role:

What's the role?

This job offers a challenging opportunity to be part of a trading team in a fast moving, dynamic and successful trading company.

The Derivatives Trader (CERT) is part of the team that is accountable for almost all financial trading (futures, swaps, options) interface of Shell LNG Marketing & Trading organization.

The desk services hedging requests from the physical SLMT Trading desks in Singapore, Dubai, and The Hague, and some other Shell affiliates.

In addition, the desk trades for its own account.

Trades are on a range of underlying indices; in particular, but not limited to Brent, Henry Hub Natgas and European Gas (NBP, TTF), JCC (Japanese crude cocktail) and JKM (Japan / Korea Marker for LNG).

Also, the desk provides advice to others in SLMT with regards to exposure management, pricing formulae, and market views.

Accountabilities/Responsibilities include but are not limited to:

Proprietary trading and generate return on Value at Risk (VAR).
Execute trades to service all requests of other SLMT trading desks for derivatives and offer 1st class execution of trades.
Ensures compliance with Regulations, Governance, Risk and Assurance policies.
Develop and maintain relationships with large number of trading counterparties including internal, external counterparts and brokers.
Advise SLMT LNG Trading desks with regards to books hedging, pricing and market views.
Evolve and implement tactical plans covering day to day trading for profit.
Manage FX exposure generated by nonUSD based trades.
Develop Options Trading in SLMT as Risk Management tool and as value driver.
As part of the team be accountable for delivery of annual business targets.

What we need from you?

Good expertise in risks management tools and technique.
Good understanding of regulatory rules and policies with a good compliance track record.
Good knowledge of derivatives markets, fundamental and technical analysis.
Ability to perform under pressure with no errors.
High numeracy with good analytical capability
Very good communication and relationship management skills.
Good to expert product knowledge in at least one of the following instruments (JKM, Crude, European Gas, US Gas) a strong plus.
Good understanding of option pricing and trading. Quantitative background and expert knowledge a strong plus.
Derivatives execution experience with strong familiarity with T&S ETRMS (DEX/ENDUR) a strong plus.

COMPANY DESCRIPTION
Shell started operations in the United Kingdom more than 110 years ago.

Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning.

Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme.

When your ideas travel, Shell will benefit, and innovation will thrive.

Shell has a key role to play in helping meet the UK's growing energy demand, whilst using innovative technologies to develop cleaner energy.

We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy.

As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week.

Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work
There's never been a more exciting time to work at Shell.

Everyone here is helping solve one of the biggest challenges facing the world today:
bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you'll be adding your talent and imagination to a business with the ambition to shape the future - whether by investing in renewables, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard.

Here are just some of the ways we are nurturing an inclusive environment - one where you can express your ideas, extend your skills, and reach your potential.

We're creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we'll take it from there.
We're closing the gender gap whether that's through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
We're striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

A rewarding place to work
Combine our creative, collaborative environment and