Gas Trader (Proprietary)

Role Overview

We are seeking a high-conviction

Senior Gas Trader

to join our expanding European Energy desk in Zug. This role is focused on

short-term proprietary trading

, specifically targeting the

TTF and NBP

hubs.

The ideal candidate is a disciplined risk-taker with a verifiable track record of delivering significant P&L in volatile environments. You will have the autonomy to execute proprietary strategies while leveraging our firm's deep fundamental research and high-spec ETRM infrastructure.

Key Responsibilities

• Proprietary Risk Management:

Execute short-term proprietary strategies on the front-end of the European Gas curve (

TTF/NBP

).

• Strategy Diversification:

Capture value through

Geographical Arbitrage

,

Time Spreads

, and

Cross-Commodity Spreads

(including

Spark Spreads

and

EUA/Carbon

interface).

• Market Analysis:

Work alongside fundamental analysts to translate global supply/demand shifts (LNG flows, storage levels, and geopolitical disruptions) into actionable trade ideas.

• Capital Allocation:

Manage a significant trading mandate with a base-case

VaR of $1M

, with the objective of scaling based on performance.

• Liquidity Management:

Maintain and grow relationships with key counterparties, including majors, utilities, and financial institutions.

Technical Qualifications

• Experience:

5–10 years of successful proprietary trading experience within a top-tier trading house, utility, or hedge fund.

• P&L Track Record:

A verifiable history of generating

$10M–$20M+

annual P&L with a strong Sharpe ratio.

• Software Proficiency:

Expert user of

Trayport Joule

,

ICE

, and

Bloomberg

. Experience with ETRM systems (e.g.,

Endur

) is highly preferred.

• Quantitative Edge:

Proficiency in

VBA

or

Python

for desk-level tool development and spread modeling is a distinct advantage.

Core Competencies

• Conviction & Discipline:

Ability to hold and manage large positions during periods of extreme market volatility (e.g., current Middle East geopolitical tension).

• Fundamental Fluency:

Deep understanding of the global

LNG

market and its impact on European price formation.

• Entrepreneurial Mindset:

A self-starter who thrives in a lean, high-performance environment with minimal bureaucracy.

Education & Requirements

• Education:

Degree in Finance, Economics, or a quantitative discipline.

• Languages:

Fluency in

English

is essential. Additional European languages (German, French, or Russian) are a plus.

• Permit:

Candidates with existing

Swiss B/C Permits

or those eligible for immediate relocation to Zug/Zurich.