(junior) Options Trader

Singapore, Singapore

Job Description

RWE Supply & Trading Asia-Pacific Pte. Ltd. , Commercial / Trading

To start as soon as possible, Full time, Permanent

Department Insights
The RWEST Steel Complex team is a growing desk within RWE focused on the expansion of the industrial commodity portfolio. The team is currently trading steel, coking coal, iron ore derivatives and some physical products. The desk has an active options book and we are looking to recruit someone to support in the execution of existing strategies as well as support in the development of new.

Your future plans

  • Build an in-depth understanding of fundamental market drivers
  • Develop an intuitive and quantitative understanding of the mechanics of vanilla option, correlation, dispersion, and related products traded in the market
  • Assist in forming a market opinion on flat price, spread, volatility and correlation developments
  • Develop and back-test volatility and correlation trading strategies
  • Manage financial Delta, Vega and Gamma risks within approved mandates
  • Communicate market activity and expectations to senior management
  • Alongside other members of the desk, ensure proper coverage and management of all positions
Your powerful skills
  • Excellent quantitative and analytical skills, sound conceptual thinking
  • Ideally academic experience in stochastic modelling, optimization, time-series analysis techniques
  • Basic derivatives, in particular, option know-how preferred
  • Basic programming skills to do both, rapid-prototyping and implementation of core trading strategies and their back-testing algorithms (Python, C++, or others)
  • Excellent communication skills
  • Ability to learn new skills and understand complex issues quickly.
  • Enthusiastic approach to work, high level of self-motivation with a willingness to instigate and adapt to new and changing processes
  • Good team player
  • Excellent communication skills
  • English and Mandarin speaker required with additional German language skills being advantageous
  • Disciplined and organised approach to work with the ability to work within tight deadlines and under pressure
Benefits you can rely on
  • Ability to add value from early and influence the success of the company
  • Cross collaboration with multiple commodity desks
  • Continuous learning and development opportunities
  • Competitive salary plus annual commercial bonus
Apply now with just a few clicks: ad code 79030

Any questions? Madlen Krembel (Recruiting), +491622960416

We look forward to meeting you!

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.

Of course, you can find us on LinkedIn, Twitter and Xing, too.

RWE represents change, innovation and sustainability. As one of the world's leading generators of electricity from renewable energy sources, we aim to be carbon-neutral by 2040 and to enable a sustainable life for people around the world. To achieve this, we are looking for dynamic and motivated people to join us in creating a sustainable and secure energy future.

RWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 1,700 employees from over 50 different countries trade (renewable) electricity, (green) gas, commodities, and CO2 emission allowances. Accurate market analyses and a high degree of customer centricity enable them to create innovative energy supply solutions as well as risk management concepts for industrial operations. The trading entity also ensures the commercial optimisation of RWE's power plant dispatch and markets electricity from renewables.

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Job Detail

  • Job Id
    JD1249228
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned