Gas Trader (Proprietary)

Posted 08 May 2026
LocationZug
Job type Permanent
Discipline Commodities and Financial Services

Job description

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.

If this position is of interest to you, apply now!