Senior Options Trader
About Us:
Greenland Commodities is a science & technology based, fast-paced growing trading house, located in the heart of Europe – Prague. We unite our international trading experiences with science and technology supported by well-educated experts in their niche fields. Our trading desks focus on variety of trading products; mainly power, gas, oil, coal, and certificates across 20 countries and 12 energy exchanges.
Job Description:
We are looking for a Senior Options Trader with a strong understanding of energy markets to join our dynamic team. The successful candidate will be responsible for managing and optimizing our options portfolio while developing and executing trading strategies across European power, gas, and related energy markets.
Responsibilities:
- Develop and execute trading strategies for European energy options markets, covering short-term to long-term positions.
- Identify and exploit arbitrage, volatility, and relative value opportunities across options and underlying energy markets.
- Build and maintain strong fundamental and quantitative models to analyze market dynamics and pricing structures.
- Collaborate with the Quant Team to enhance analytical tools and trading models.
- Assist in the automation of trading processes and contribute to algorithmic trading initiatives.
- Monitor and assess regulatory changes, market developments, and macroeconomic factors impacting energy derivatives.
- Work closely with the risk management team to ensure adherence to company policies, regulatory requirements, and risk management frameworks.
Qualifications:
- Relevant education in Finance, Math, Physics, Economics, or comparable quantitative studies.
- 3+ years of experience in options trading, preferably in energy markets.
- Strong understanding of options pricing models, volatility surfaces, and Greeks.
- Proven track record in proprietary trading of energy options.
- Knowledge of European and global energy markets, including power and gas fundamentals.
- Ability to make strategic, data-driven trading decisions within defined risk parameters.
- Strong mathematical and analytical skills with structured problem-solving capabilities.
- Excellent time management, attention to detail, and the ability to perform under pressure in a fast-paced environment.
- Experience in cross-commodity optimizations and derivatives trading.
- Programming skills in Python and MATLAB are a plus.
- A MSc degree is a plus.
What We Offer:
- Competitive Salary + bonus scheme upon satisfactory results.
- Opportunity to develop your own strategies.
- A good insight into the energy market and the impact of the energy transition.
- 3 sick days/year + 1 day birthday leave.
- Multisport Card Access and Contribution
- Fully equipped kitchen with free coffee, tea, various snacks, and other refreshments.
- Meal support (added to salary).
- Yearly public transport support.
Please note that only qualified candidates will be contacted for further evaluation.
Thank you for considering joining our innovative team at Greenland Commodities – where science, technology, and trading converge for unparalleled success!
Important: Please apply only if you are based in Europe.
