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JPMorganChase

Global Commodities – Refined Products Oil Trader – Vice President or Executive Director

Reposted 8 Days Ago
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Hybrid
London, Greater London, England, GBR
Entry level
Hybrid
London, Greater London, England, GBR
Entry level
Trade refined oil products by managing client and broker flows, pricing and hedging transactions, developing fundamental and technical trading ideas, and managing complex risk. Responsibilities include marking forward curves, providing market commentary, hedging secondary exposures, sizing positions, supporting client engagement, and maximizing franchise revenue while maintaining strong controls and regulatory standards.
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As a Vice President or Executive Director on the Global Oil Trading team, you will be responsible for driving performance via appropriate use of VAR around flows, capitalizing client flow through sales desk and market flow via brokers, ensuring client value monetization. You will play a crucial role in oil fundamental analytics within oil complex and contribute significantly to revenue maximization.

Job responsibilities 

  • Drive performance via risk taking around client and broker market flows
  • Manage accurately and competitively price client transactions and efficiently hedge to maximize franchise revenue.
  • Work alongside sales colleagues to engage clients, providing market color and derivative hedging strategies.
  • Develop trading ideas based on educated views incorporating fundamental and technical analysis.
  • Assist risk managing trading books that include non-linear risk.
  • Appropriately size and risk manage positions to create profitable trading strategies based on franchise flow. 
  • Perform daily desk functions, including marking forward curves, providing market commentary and hedging secondary trading book exposure (FX/interest rates/etc.)

Required Qualifications, capabilities, and skills 

  • Demonstrated track record of disciplined risk-taking performance in commodities markets
  • Bachelor’s degree (or equivalent) in Finance, Economics, Mathematics, or a related discipline
  • Strong understanding of oil and refined product fundamentals and key market drivers
  • Ability to assess, explain, and manage risk across positions and market events
  • Ability to stay client-focused while operating effectively under competitive market pressure
  • Proven ability to operate in a dynamic, fast-paced, and collaborative trading environment
  • Strong controls mindset with commitment to robust risk and conduct standards
  • Strong programming capability in Python, SQL, and/or another relevant language

Preferred Qualifications, capabilities, and skills 

  • Demonstrable experience interacting with major institutional / corporate commodity clients.
  • Option and/or systematic risk taking experience a plus

This role encompasses the performance of UK regulated activity. The successful candidate will therefore be subject to meeting UK regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the Firm) and (where appropriate) approval by the UK Financial Conduct Authority and/or the Prudential Regulation Authority to carry out such activities.

About UsJ.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
  
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the TeamJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. 

JPMorganChase London, England Office

25 Bank Street, Canary Wharf, London, United Kingdom, E14 5JP

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