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Position Summary
The Financial Trading Director is a senior leadership role responsible for executing and managing paper trading strategies - both discretionary and hedge-based, across crude oil, refined products, and associated markets. The position ensures precision execution across derivatives and structured books, aligning risk transfer with commercial strategy while delivering P&L impact through speculative trading, optimized overlays, market signal interpretation, and robust control frameworks.
This role drives monetization of market optionality, manages exposure across volatile asset classes, and leads a culture of disciplined risk-taking grounded in cross-functional coordination and regulatory compliance.
Key Responsibilities
Trading Strategy Execution
- Lead all employees within Financial Trading, including proprietary paper traders and desk analysts across structured and discretionary strategies.
- Execute trading strategies across futures, swaps, options, and custom OTC instruments with scale, timing precision, and exposure visibility.
- Develop and manage structured trading books in alignment with hedge mandates, product exposure, and margin targets.
- Maintain deep fluency in CME / ICE rulebooks, trading platform requirements, and financial trading infrastructure.
- Oversee trade entry and unwind processes for both hedge and speculative positions, ensuring disciplined execution within risk thresholds.
Analytics & Pricing Insight
Interpret curve structure, seasonal indicators, and price signals to shape discretionary overlays and hedge deployment.Apply advanced models and scenario frameworks to refine timing, positioning, and portfolio alignment with physical desk flows.Leverage Commercial Analytics to inform forward curve logic, margin uplift modeling, and tool development for trader usage.Track and improve trader satisfaction, model accuracy, and contribution to realized margin across desks.Risk Management & Compliance Governance
Own risk-adjusted return delivery through active portfolio shaping and risk transfer integration.Lead oversight of VaR, margining, controls, and internal governance processes tied to trading strategy and position sizing.Collaborate with Credit and Legal to ensure compliance with trading protocols, counterparty documentation, and structure eligibility.Maintain compliance with applicable trading rules (CFTC, CME, ICE), exchange margin practices, and internal controls.Cross-Functional Interfaces
Integrate hedge strategies, discretionary overlays and physical-to-paper risk transfer by partnering with Physical Trading Desks, Value Chains, Origination and Commercial Analytics - ensuring cohesive execution, margin optimization and curve alignment.Establish and refine risk controls, P&L attribution and mark-to-market validation in close collaboration with Middle Office, Compliance & Legal - upholding regulatory requirements and platform integrity.Drive system enhancements and process automation through coordination with IT and Support Functions, embedding improved controls, reporting and workflow efficiency across the trading lifecycle.Leadership & Organizational Culture
Promote a high-performance trading environment focused on accuracy, compliance, and risk-adjusted value creation.Develop financial trading talent across structured books and derivative markets, with emphasis on data usage and execution precision.Champion disciplined risk-taking with a collaborative mindset across physical desks and corporate oversight functions.Embed a responsive, compliance-first culture that supports enterprise-wide trading objectives.Education and Experience
MINIMUM QUALIFICATIONS
Bachelor's degree required; Master's degree preferred.Required : 10+ years of financial trading experience in commodity markets (crude, refined products, or related energy portfolios).Preferred : At least 7 years in senior derivatives trading leadership with exposure to asset-backed and merchant trading portfolios.Preferred : Deep understanding of derivatives markets, risk transfer mechanisms, and structured product execution.Preferred : Proven record managing multi-instrument trading books across OTC and exchange-traded platforms.Preferred : Demonstrated fluency in risk management (VaR, margining, controls) and regulatory trading protocols (CME / ICE compliance).Skills :
Business Acumen Energizing the Organization Strategic Outlook
Results Driven
Authentic Communicator
Continuous Improvement Mindset
Ongoing Learning & Self-Development
Selecting and Developing People
Location : Houston TX, or San Antonio TX
Relocation : Available
Estimated Travel : As needed to support business needs
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