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Position Summary

The Financial Trading Director is a senior leadership role responsible for executing and managing paper trading strategies - both discretionary and hedge-based, across crude oil, refined products, and associated markets. The position ensures precision execution across derivatives and structured books, aligning risk transfer with commercial strategy while delivering P&L impact through speculative trading, optimized overlays, market signal interpretation, and robust control frameworks.

This role drives monetization of market optionality, manages exposure across volatile asset classes, and leads a culture of disciplined risk-taking grounded in cross-functional coordination and regulatory compliance.

Key Responsibilities

Trading Strategy Execution

• Lead all employees within Financial Trading, including proprietary paper traders and desk analysts across structured and discretionary strategies.

• Execute trading strategies across futures, swaps, options, and custom OTC instruments with scale, timing precision, and exposure visibility.

• Develop and manage structured trading books in alignment with hedge mandates, product exposure, and margin targets.

• Maintain deep fluency in CME/ICE rulebooks, trading platform requirements, and financial trading infrastructure.

• Oversee trade entry and unwind processes for both hedge and speculative positions, ensuring disciplined execution within risk thresholds.

Analytics & Pricing Insight

• Interpret curve structure, seasonal indicators, and price signals to shape discretionary overlays and hedge deployment.

• Apply advanced models and scenario frameworks to refine timing, positioning, and portfolio alignment with physical desk flows.

• Leverage Commercial Analytics to inform forward curve logic, margin uplift modeling, and tool development for trader usage.

• Track and improve trader satisfaction, model accuracy, and contribution to realized margin across desks.

Risk Management & Compliance Governance

• Own risk-adjusted return delivery through active portfolio shaping and risk transfer integration.

• Lead oversight of VaR, margining, controls, and internal governance processes tied to trading strategy and position sizing.

• Collaborate with Credit and Legal to ensure compliance with trading protocols, counterparty documentation, and structure eligibility.

• Maintain compliance with applicable trading rules (CFTC, CME, ICE), exchange margin practices, and internal controls.

Cross-Functional Interfaces

• Integrate hedge strategies, discretionary overlays and physical-to-paper risk transfer by partnering with Physical Trading Desks, Value Chains, Origination and Commercial Analytics - ensuring cohesive execution, margin optimization and curve alignment.

• Establish and refine risk controls, P&L attribution and mark-to-market validation in close collaboration with Middle Office, Compliance & Legal - upholding regulatory requirements and platform integrity.

• Drive system enhancements and process automation through coordination with IT and Support Functions, embedding improved controls, reporting and workflow efficiency across the trading lifecycle.

Leadership & Organizational Culture

• Promote a high-performance trading environment focused on accuracy, compliance, and risk-adjusted value creation.

• Develop financial trading talent across structured books and derivative markets, with emphasis on data usage and execution precision.

• Champion disciplined risk-taking with a collaborative mindset across physical desks and corporate oversight functions.

• Embed a responsive, compliance-first culture that supports enterprise-wide trading objectives.

Education and Experience

MINIMUM QUALIFICATIONS

• Bachelor’s degree required; Master’s degree preferred.

• Required: 10+ years of financial trading experience in commodity markets (crude, refined products, or related energy portfolios).

• Preferred: At least 7 years in senior derivatives trading leadership with exposure to asset-backed and merchant trading portfolios.

• Preferred: Deep understanding of derivatives markets, risk transfer mechanisms, and structured product execution.