
at J.P. Morgan
Bulge Bracket Investment BanksPosted 25 days ago
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**Vice President/Executive Director – Global Commodities: Refined Products Oil Trader** Lead our London-based Global Oil Trading team as a senior Vice President or Executive Director. You'll drive desk performance via strategic risk-taking, capitalize on client and market flows, ensure client value monetization, and contribute significantly to our revenue growth. Key responsibilities include pricing and hedging client transactions, providing market color and hedging strategies to clients, developing trading ideas grounded in fundamentals and technicals, managing non-linear risk, and performing daily desk functions. To succeed, you'll bring a proven track record of disciplined risk-taking in commodities, a bachelor's degree in Finance, Economics, Mathematics, or a related field, strong oil fundamentals understanding, risk assessment skills, and the ability to thrive under market pressure. Proficiency in Python, SQL, and other relevant programming languages is essential. Demonstrable experience with institutional clients and option/s систематиc risk-taking experience is preferred. This role carries out UK-regulated activity, requiring successful candidates to meet Fitness & Propriety, Knowledge & Competence assessments and approval by the UK Financial Conduct Authority and/or Prudential Regulation Authority.
- Compensation
- Not specified
- City
- London
- Country
- United Kingdom
Currency: Not specified
Full Job Description
Location: LONDON, LONDON, United Kingdom
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
- Bachelors 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.
Drive performance on our Global Oil Trading desk by pricing and hedging client flow, managing risk around market flows, and delivering fundamental analytics that supports revenue growth across the oil complex.



