Location: London or Dubai (Remote possible after time) Compensation: Modest base salary + 30% of PnL after costs (approx. £250K per desk)
About the Role:
An opportunity for a skilled discretionary trader with expertise in Oil & Oil Products. This role is suited for a high-performing trader looking to operate within a team that values independence and strong PnL generation. The firm offers a "run your own business within a business" approach, giving senior traders the freedom to execute their strategies.
Key Responsibilities:
- Develop and execute discretionary trading strategies in Oil & Oil Products.
- Manage risk and optimize PnL within a competitive trading environment.
- Work closely with the firm’s quant team to refine and enhance trade ideas.
- Collaborate with brokers and sales traders to maximize trade execution.
- Maintain a strong understanding of macro and micro factors affecting the oil markets.
Requirements:
- Proven track record in discretionary trading within oil and oil products.
- Strong risk management skills and a disciplined trading approach.
- Ability to generate a minimum of £3-4M PnL.
- London or Dubai-based, with remote flexibility over time.