Commodity Derivatives Trader - Energy

Forest City Trading Group • Portland, OR

4d

About The Position

Forest City Structured Products (FCSP), the derivatives and risk solutions arm of Forest City Trading Group, is expanding into energy and seeking a trader to build and lead its diesel and refined products derivatives business. The role will develop an energy derivatives book from the ground up, hedge diesel exposure across FCTG operations, and structure hedging programs for customers and counterparties exposed to fuel-price risk, including carriers, fleets, distributors, and industrial users. The trader will have ownership of the book, direct access to leadership, and the opportunity to help shape the business as it grows. The position is listed in Portland, Oregon, with hybrid or remote work also noted.

Requirements

• At least 5 years of experience trading, structuring, or hedging energy derivatives in refined products, crude, natural gas, or power.
• Hands-on experience with futures, OTC swaps, and options, including pricing and risk management of averaging structures.
• Familiarity with ISDA documentation, collateral and credit terms, and CFTC regulatory requirements.
• Commercial, entrepreneurial mindset and interest in building a business.
• Strong quantitative and Excel skills.

Nice To Haves

• Strong derivatives candidates with gas or power backgrounds are encouraged to apply.
• ETRM/CTRM experience.
• Existing customer or counterparty relationships in the energy space.

Responsibilities

• Build and manage a book of ULSD/heating oil futures, swaps, and options, including Asian-style average-price structures.
• Originate and structure customized customer hedging solutions and grow a book of business in the West and beyond.
• Manage basis risk between West Coast and Gulf Coast markets and NYMEX benchmarks.
• Price, execute, and risk-manage transactions within established limits, coordinating with credit, legal, and operations under the ISDA/CSA framework.
• Monitor refined products fundamentals and communicate market views to customers and internal stakeholders.
• Help shape the systems, processes, and controls that support the energy business as it scales.
• Hedge diesel exposure across FCTG operations and structure hedging programs for customers and counterparties facing fuel-price risk.

Benefits

• Competitive base salary plus performance-based bonus tied to the book built.
• Meaningful ownership and upside in a build opportunity.
• Lean, talented team where good ideas move quickly.
• Stability, credit strength, and market reach of an approximately $4 billion trading organization.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed