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Associate, Commodity Swaps Trader, Commodities @ Citicclsa

Hong KongOnsiteFull-timePosted 32 days ago

Opens on the employer's site

About this role

Key Areas of Responsibilities

• Client Engagement: Cultivate and maintain relationships with institutional clients (hedge funds, asset managers, corporates) to identify OTC swaps trading opportunities

• Trade Execution: Price and execute OTC commodity swaps (e.g., crude oil, natural gas, base metals, agriculturals) and basis swaps, optimizing execution for clients

• Trading System Optimization: Collaborate with quant and technology teams to design, test, and optimize client trading platforms and internal pricing/risk systems for enhanced efficiency and accuracy

• Market Analysis: Monitor macroeconomic trends, central bank policies, and volatility shifts to manage position-taking strategies and hedging solutions

• Risk Oversight: Collaborate with traders to manage exposure, including position hedging, credit risk, and P&L volatility

• Structured Solutions: Design bespoke swaps for clients (e.g., index-linked hedges, crack spread structures, cross-commodity trades)

• Regulatory Compliance: Ensure all trades adhere to ISDA protocols, Dodd-Frank/EMIR regulations, and internal compliance policies.

• Cross-Desk Collaboration: Partner with physical traders, research, and operations to enhance client strategies and post-trade efficiency

• Innovation: Develop tailored swap solutions for complex client needs (e.g., QIS Strategy Index construction, Embedded Optionality in physical trade structure)

Requirements

• Master’s degree or above in Finance, Economics, Engineering, Mathematics, or a related quantitative discipline

• Minimum 3 years of relevant experience in commodity derivatives trading/sales, OTC swaps structuring, or client-facing commodity risk management

• Candidates with less experience will be considered as a junior Trader position

• Extensive knowledge in commodity physical markets and OTC derivatives trading business is preferred

• In-depth understanding of energy (crude, natural gas), metals (base/precious), or agricultural commodity markets would be an advantage

• Strong analytical, quantitative, interpersonal, and client-serving skills; ability to thrive in fast-paced trading environments

• Proactive mindset, attention to detail, and ability to work independently while collaborating as a team player

• Excellent command of English (both spoken and written); fluency in Cantonese is a plus

• Certified as FRM, CFA, or licensed with relevant regulatory credential is advantageous

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