Danske Commodities→
Term trader at Danske Commodities in Stamford, CT
Job Description
Quote
You’ll own and grow a proprietary trading book while helping shape the tools, insights and ways of working behind a smaller, skilled team.
Here’s what the job entails
In the role, your primary function will be to identify and execute trading opportunities, creating value through fundamental, quantitative and market analysis. You will take and manage market risk within agreed limits and our established risk framework. Together with the team, you will also build and continuously improve our proprietary tools and analytics and contribute to the team’s development.
More specifically, your responsibilities include:
actively trading and managing a profitable book, monitoring market conditions, positions and exposures within established limits and the company’s risk framework
developing fundamental and quantitative analysis to identify value and uncover trading opportunities across the curve, from prompt to term
building and continuously improving trading and analytical tools that support faster, better-informed decisions
working closely with the wider trading team by sharing market views and knowledge, challenging ideas constructively and contributing to the team’s growth
Meet your team
You will join our US team, where we combine market experience and fundamental analysis with statistical and quantitative models to identify and execute proprietary trading opportunities in power markets. We develop strong market views and turn our analysis into trading strategies, continuously improving our models, tools and execution along the way.
As a team, we value independent thinking and ownership while working together and challenging each other constructively. We expect team members to learn from each other and actively share knowledge, tools and market insights. We combine disciplined risk taking with curiosity, accountability and a drive to continuously improve.
But enough about us… over to you!
You approach trading with a broad perspective, combining an eye for market risk with curiosity about the factors driving prices and opportunities. You take ownership of your decisions and thrive in a hands-on environment where everyone contributes, shares knowledge and helps get the job done.
Furthermore, we imagine that you:
bring relevant experience in proprietary trading of power futures across PJM and Northeastern power markets, covering the curve from prompt to term
have solid knowledge of PJM and Northeastern power markets, including fundamentals, pricing and key market drivers
have experience taking meaningful trading positions and managing risk within a defined risk framework
are proficient in Python, SQL or similar technologies and able to build analytical and trading tools independently
combine analytical depth with sound commercial judgement when evaluating trading opportunities
We’ll take good care of you
At Danske Commodities, we take great care of our people. Joining us means you’ll get a lot of great perks – including social events, cultural experiences, tasty food and benefits to better your health, your life and your future.
Here are some of the benefits we offer our employees:
Shape your development tailored growth plans, 100+ DC University courses & Harvard Learning access
Yearly events from office parties to DC events
Global career paths as part of our parent company, Equinor’s 20,000-strong international network
Flexible work life adjustable hours and up to 2 work from home days/week
Top-tier parental leave 16 weeks of paid leave at 100% of base pay for all permanent employees
Extra time off 5 additional days on top of your 4 weeks
Share savings the option to join Equinor’s attractive share programme
Plan for your future 401(k) with company match plus an employer-funded pension plan
Health & wellbeing comprehensive medical, prescription, dental and vision coverage, plus mental health support and virtual healthcare
Home setup covered paid internet, phone & IT gear
Everyday savings employee discounts on travel, entertainment, wellness, electronics and more
Lunch paid once a week and 50% discount on building cantine lunch
…. and much more