Bunker One is seeking an experienced, driven Oil Derivatives Trader to join its established team in Houston, Texas. Offering a high-impact opportunity within the world’s largest marine fuels organization, this role is tailored for professionals eager to implement effective derivatives pricing, optimize physical exposures, and drive franchise growth across US markets.
As part of a global network of trading desks, the successful candidate will work closely with physical traders, sales teams, and sister company Global Risk Management to provide derivative hedging solutions for physical exposure. Whether you are an established derivatives trader or an ambitious professional with exceptional learning capabilities in oil derivatives, this position offers the tools and autonomy to build a thriving trading portfolio in an agile, high-velocity environment.
About Bunker One
Established as part of Bunker Holding, Bunker One stands as a key pillar of the world’s largest marine fuels organization, spanning 22 locations globally with headquarters in Denmark. The Houston office supports physical fuel supply and trading across the US Gulf Coast, working with barges and vessels to deliver fuel oil, distillates, and blended products to shipping customers.
The Bunker Holding Group is part of the Danish, family-owned United Shipping & Trading Company (USTC). USTC holds activities spanning oil and energy, ship owning, logistics, risk management, and sustainable energy, operating in 38 countries with more than 4,500 employees. Bunker One’s physical operations are supported by robust financial hedging in the derivatives market, delivering comprehensive technical expertise and dependable service to international shipping clients.
The Role: Oil Derivatives Trader – Houston, TX
The Houston office serves as a vital operational and trading anchor for Bunker One in North America. The new Oil Derivatives Trader will step into an experienced, established global trading desk alongside local physical trading and sales teams, servicing clients by trading oil products, biofuels, carbon, power, and natural gas.
Working closely with global derivatives trading teams based in Denmark and Singapore, the successful candidate will manage end-to-end derivative strategies, handle risk management during US hours, and provide crucial market intelligence.
Key Responsibilities
- Hedging & Optimization: Implement effective derivatives pricing and hedging strategies to optimize physical exposures and drive franchise growth.
- Trading Execution: Develop and execute profitable trading strategies, carefully managing position size and risk across both proprietary and client deal flows.
- Daily Desk Operations: Carry out daily tasks, including marking forward curves, providing market updates, and engaging directly with physical trading and sales colleagues.
- Market Intelligence: Share tactical approaches and market intelligence, contributing to the collective knowledge and strategic direction of the trading team.
- Risk Management: Assist in risk management of global trading books, including oil, gas, and biofuels, during US market hours.
Candidate Profile
- Background & Experience:
- 2 to 3 years of experience trading fuel or distillate derivatives with Profit & Loss (P&L) responsibility at a bank, financial institution, or physical trading house.
- Note: Less experienced candidates with strong insight, interest in oil derivatives trading, and exceptional learning capabilities are also welcome to apply.
- Skills & Mindset:
- A disciplined approach to managing risk, with a structured and proactive work ethic.
- Excellent understanding of trading systems, exchange rules, OTC markets, financial derivatives risks, regulations, and product-specific trading rules.
- Ability to work independently as part of a diverse sales and trading team.
- Work Authorization: Must be based in, or willing to relocate to, Houston, with valid US work permissions.
Why Join Bunker One?
- Global Network: Work within a truly global workplace backed by the world’s largest marine fuels organization and sister companies like Global Risk Management.
- Competitive Remuneration: Benefit from an attractive and market-competitive remuneration package.
- Cross-Market Exposure: Gain hands-on exposure to evolving energy markets, including alternative fuels, carbon, power, and natural gas.
About the Location
Houston is widely recognized as the energy capital of the world and a premier global hub for maritime shipping, commodities, and oil trading. Being based in Houston provides direct access to vital US Gulf Coast trade routes, major regional suppliers, and an expansive network of international energy and shipping operators.
How to Apply
Bunker One processes applications on a rolling basis. Interested candidates who align with the qualification profile are encouraged to submit their CV and cover letter.
Click Here to Contact and Apply online via Bunker One Website