Senior Commodity Trader

4 weeks ago


London, Greater London, United Kingdom Redstone Search Group Full time
Job Description

Redstone Commodity Search is a leading provider of 360° search solutions to the global commodities markets. With a strong focus on competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks, and Brokerages, Redstone Commodity Search offers a unique edge in today's volatile market.

We are currently working with a commodity trading house that has recently established an XVA desk and is seeking an XVA Trader to join the team in London. The successful candidate will play a key role in the build-out and development of the desk.

Key Responsibilities / Tasks

  1. Provide pricing and trade support to the XVA desk, as well as XVA pricing for the commodity trading desk, pre-trade (Energy, Oil & Metals).
  2. Assist with the initial build-out of tools and infrastructure for the desk (development into a trading position).
  3. Price upfront charges on trade activity for multiple XVAs to Marketing and provide explanations of the drivers.
  4. Support the marking of credit curves, volatility surfaces, and other calibration parameters in line with market observables and agreed policies.
  5. Support risk management across credit, commodities, rates, and FX.
  6. Role reports to Executive Director, XVA Trading.

Key Qualifications / Experience

  1. 2-7 years of experience in a trading, risk, or credit function within XVA / CPM team.
  2. Strong working knowledge of Excel and VBA; strong Python knowledge is desirable.
  3. Excellent attention to detail and a high level of competency in a quantitative field.
  4. Fundamental understanding of derivatives; commodity-specific experience is advantageous.
  5. Ability to adapt, problem-solve, and multitask in a high-paced environment.
  6. Located in the UK with the right to work.

As a key member of the XVA desk, you will have the opportunity to work with a talented team of professionals and contribute to the development of the desk. If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity.



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