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Senior energy trader vs energy derivatives trader

The differences between senior energy traders and energy derivatives traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, an energy derivatives trader has an average salary of $117,470, which is higher than the $114,420 average annual salary of a senior energy trader.

The top three skills for a senior energy trader include risk management, portfolio management and derivative. The most important skills for an energy derivatives trader are derivative, futures contracts, and interest rates.

Senior energy trader vs energy derivatives trader overview

Senior Energy TraderEnergy Derivatives Trader
Yearly salary$114,420$117,470
Hourly rate$55.01$56.48
Growth rate10%10%
Number of jobs19,6803,125
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 79%
Average age4343
Years of experience--

Senior energy trader vs energy derivatives trader salary

Senior energy traders and energy derivatives traders have different pay scales, as shown below.

Senior Energy TraderEnergy Derivatives Trader
Average salary$114,420$117,470
Salary rangeBetween $68,000 And $191,000Between $69,000 And $197,000
Highest paying CityWhite Plains, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCitiMUFG EMEA
Best paying industryFinanceAgriculture

Differences between senior energy trader and energy derivatives trader education

There are a few differences between a senior energy trader and an energy derivatives trader in terms of educational background:

Senior Energy TraderEnergy Derivatives Trader
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 79%
Most common majorFinanceFinance
Most common collegeUniversity of Pennsylvania-

Senior energy trader vs energy derivatives trader demographics

Here are the differences between senior energy traders' and energy derivatives traders' demographics:

Senior Energy TraderEnergy Derivatives Trader
Average age4343
Gender ratioMale, 87.2% Female, 12.8%Male, 92.6% Female, 7.4%
Race ratioBlack or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.4% American Indian and Alaska Native, 0.2%Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.4% Asian, 12.3% White, 66.5% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between senior energy trader and energy derivatives trader duties and responsibilities

Senior energy trader example responsibilities.

  • Hire and manage an experience team of NERC energy traders.
  • Execute and manage spreads, cracks, and volatility portfolio futures and OTC.
  • Project manage new commercial paper program conversion on Bloomberg trading system which streamline processing under tight time deadlines.
  • Trade Asian equities & manage the global currency book for the firm's various mutual funds out of the
  • Analyze and manage book liquidity and risk exposure including the Greeks, basis, FX, dividend, and expiry risks.
  • Reconcile trades with strict adherence to FINRA guidelines regarding customer order handling which help to achieve a consistently clean compliance record.
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Energy derivatives trader example responsibilities.

  • Lead a team of four traders and two assistant traders in the CME silver options market.
  • Manage broking and trading teams, expanding customer base and successfully trading IPE and NYMEX energy option contracts.
  • Trade equity index futures and identify arbitrage opportunities in relate securities.
  • Full time investor primarily in equities, futures and their derivatives.
  • Make markets in various OTC trade options in combination with list options trade on the NYMEX.
  • Price options on equities, indexes, and ADR's-both list and OTC- for customers as well as professionals.
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Senior energy trader vs energy derivatives trader skills

Common senior energy trader skills
  • Risk Management, 12%
  • Portfolio Management, 8%
  • Derivative, 6%
  • Fixed Income, 6%
  • Financial Products, 5%
  • Trade Execution, 5%
Common energy derivatives trader skills
  • Derivative, 22%
  • Futures Contracts, 7%
  • Interest Rates, 5%
  • P/L, 5%
  • Fixed Income, 4%
  • VBA, 4%