Flow and Proprietary Trader

A top environmental commodities trading firm is looking for a

Flow and Proprietary Trader

position based in Budapest, Hungary

*PLEASE NOTE that the role requires at least 3 days per week in the office and we are only able to consider applicants who already have the legal right to work in Hungary

Our mission at Vertis is to inspire and empower businesses to make the transition to a low carbon economy. We have been a pioneer in the carbon markets since 2001 and our drive is relentless to move the world towards a greener future.

We provide our clients with direct access to markets for buying & selling EU ETS certificates and the financialization of these assets provide a strong incentive for organizations towards carbon neutrality.

We're seeking a dynamic Flow and Proprietary Trader with a passion for trading and a knack for math and quantitative analysis to join our team.

Did you want to build career in trading but did not know where to start? This could be the job for you…

REQUIREMENTS

• Must have passion and interest in markets and trading
• Trading experience is not necessary however a track record is a clear advantage and experience in financial markets or other areas of finance is also advantageous
• Quantitative skills in mathematical analysis, statistical methods, programming, financial modeling, and risk management to drive profitable trading strategies
• Basic understanding of micro and macroeconomics, markets and current events
• Ability to remain calm and composed in a high-pressure environment
• Confident when dealing with colleagues, clients, partners at all levels
• Proven problem-solving skills, attention to detail and aptitude with numbers
• Fluent in English – additional languages are a plus
• Relevant degree in Economics, Finance or Business Administration

RESPONSIBILITIES

• Market Analysis: Monitor and analyze EU ETS market data, regulatory updates, and environmental policy changes to inform trading decisions.
• Flow Trading: Support our flow trading by communicating orders and providing analysis of the markets among clients, the Trading desk and the Corporate Traders. Manage trade executions, and pre and post trade processes.
• Trading Strategy Development: Collaborate with the trading team to design and execute innovative trading strategies based on quantitative analysis and market insights
• Quantitative Modeling: Develop and implement quantitative models to forecast carbon price movements and identify risk/reward opportunities within the EU ETS (supply & demand, VAR, derivatives portfolio)
• Risk Management: Apply rigorous risk management techniques to quantify, monitor, and manage the risk associated with trading positions.
• Collaboration and Reporting: Work closely with the trading team to refine trading models and strategies. Prepare and present trading insights and performance reports to management.

WHAT WE OFFER YOU

• Become an expert proprietary trader in the carbon markets
• Long-term career prospect with a pioneer and market leader in environmental commodity trading
• Dynamic, international team
• Stimulating, high-calibre, international work environment 
• Hybrid office attendance - at least 3 days required per week
• Competitive base salary and benefits and an annual performance bonus