Junior Derivatives Trader

The Junior Derivatives Trader is an entry-level position within the Derivatives team designed to develop future trading talent.

In this role, you will build a strong foundation in:

• Commodity derivatives trading (futures, options, swaps, OTC structures)
• Dairy market fundamentals and global supply & demand dynamics
• Macro-economic drivers impacting commodity and financial markets
• Risk management principles and trading psychology
• Data analysis and quantitative tools used in trading

You will support the derivatives team in daily trading, analytics and client-related activities while progressively developing the skills required to independently manage trading risk.

• Support traders in execution, monitoring and reporting of derivatives positions
• Assist in managing parts of the local dairy derivatives book under supervision
• Monitor futures, options and OTC markets and provide daily market updates
• Prepare weekly dairy market analysis and macro-economic summaries
• Develop price forecasts and scenario analyses to support trading decisions
• Track market positioning, volatility developments and spread relationships
• Enter and reconcile trades in internal systems.

Develop a structured understanding of:

• Dairy commodity fundamentals
• Macro-economic drivers (rates, FX, inflation, geopolitics)
• Futures and options mechanics
• Volatility, Greeks and option structures
• Arbitrage and spread trading strategies

• Use Python and analytical tools to analyze spreads and correlations, build dashboards, improve reporting efficiency and back test trading ideas
• Maintain dashboards in Tableau and other BI tools
• Ensure accurate position reporting and data integrity
• Contribute to improvement projects related to tooling and automation
• Support physical traders in understanding and managing price risk
• Prepare materials for client meetings and internal discussions
• Help structure preliminary OTC hedging ideas
• Take detailed notes during client and broker meetings
• Contribute to presentations explaining derivatives and risk management solutions

• Bachelors or equivalent with emphasis in Mathematics, Finance, Economics or (business) management. Internship or thesis exposure to trading, derivatives, macro or data analysis is a plus.
• Strong interest in financial markets and/or commodities trading.
• Basic experience with programming languages.
• Basic experience with execution on electronic trading platforms.
• Analytical mindset with attention to detail.
• Interest in working with data, developing algorithms, structured products.
• Strong analytical curiosity and quantitative affinity.
• Excellent command of English and a second language is preferred.
• Self-reflective and motivated to continuously develop.
• Strong team player with high integrity. Interest in working with and having an awareness and understanding of different cultures, personalities and working styles.
• Resilient and emotionally stable under pressure. Clear communicator who asks questions and seeks feedback.

• Competitive compensation and benefits. Salary depends on your experience and education.
• We value your personal development and have a strategic focus on our learning program.