What are the responsibilities and job description for the Junior Oil Trader | Trading Analyst position at Macquarie Group?
Our Global Oil Trading team in Houston is looking for a highly technical individual to join our team as a junior trader | trading analyst. Our desk trades across the entire barrel of oil products with a wide range of customers including producers, refiners, consumers, investors and other institutional clients. The desk is focused on growing its customer franchise and delivering derivative and physical solutions to clients.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
Sitting as part of the trade desk, you will leverage the data and technical tools at Macquarie to improve our research in commodity market fundamentals, identify possible trading opportunities and maintain, update, and improve trading and analysis tools. You will perform daily tasks such as running risk reports, running profit and loss reports, and marking forward price curves and develop your risk-taking skills. As you spend more time in the role you will build up a highly specialized knowledge of commodities markets and complex financial products, including over the counter (“OTC”) derivatives, as well as Macquarie’s proprietary trading approaches, policies, strategies, and systems, including its proprietary risk control framework.
What You Offer
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
Sitting as part of the trade desk, you will leverage the data and technical tools at Macquarie to improve our research in commodity market fundamentals, identify possible trading opportunities and maintain, update, and improve trading and analysis tools. You will perform daily tasks such as running risk reports, running profit and loss reports, and marking forward price curves and develop your risk-taking skills. As you spend more time in the role you will build up a highly specialized knowledge of commodities markets and complex financial products, including over the counter (“OTC”) derivatives, as well as Macquarie’s proprietary trading approaches, policies, strategies, and systems, including its proprietary risk control framework.
What You Offer
- 2-3 years’ relevant commodities experience in a trading, research, investment banking or consulting role strongly preferred
- Demonstrated consistent success in: working closely within a team environment, highly driven and self-starting, and handling high pressure situations
- Excellent analytical, numerical reasoning, written and verbal communication skills
- Entrepreneurial and creative in your approach to problem solving
- Technically skilled in Excel, working with large quantities of data, familiarity with database system such as SQL and programming experience will also be essential.
About Commodities and Global Markets
Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- Hybrid and flexible working arrangements
- One wellbeing leave day per year and minimum 25 days of annual leave
- Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
- Paid volunteer leave and donation matching
- Range of benefits to support your physical, psychological and financial wellbeing
- Employee Assistance Program, a robust behavioural health network with counselling and coaching services
- Recognition and service awards
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
