Careers

 


Head of Market Data Services

Parity Energy, Inc. seeks a head of market data services. Responsibilities include the maintenance of volatility surfaces in real-time, the redaction of market commentary and the marketing of Parity Energy's unique market data service. This position calls for an individual with trading or curve marking experience and a hands-on attitude.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a young financial technology company in the business of matching institutional buyers and sellers of commodity derivatives. Its clients include oil and gas producers, utilities, investment and commercial banks, hedge funds, and market making firms. Parity's mission is to modernize over-the-counter trading and provide its customers with the transparency, anonymity and convenience of electronic trading through its award-winning marketplace for options, the Parity Energy Platform (PEP), for which it was voted Best Newcomer of the Year by Energy Risk in 2009.

Parity Energy offers a highly supportive environment with strong growth opportunities for its employees. If you are interested in this position, please reply to this posting with your resume today.

 

Experience

  • 3+ years working experience in option trading;
  • Calibration of volatility surface to real-time market information;
  • In-depth knowledge of standard option pricing models;
  • Familiarity with popular option pricing systems;
  • Experience in market making preferred;
  • Experience in the crude oil and natural gas markets preferred.

 

Skills

  • Outstanding verbal and written communication skills;
  • The ability to build and maintain strong customer relationships;
  • Desire to help build a great market data business;
  • Keen understanding of option market dynamics;
  • Strong organizational and project management skills;
  • Integrity, sound judgment, energy and a sense of urgency.

 

Benefits

  • Comprehensive health, dental and vision insurance.
  • Life and personal accident insurance.
  • Short and long term disability.
  • Flexible spending account (FSA) and commuter pre-tax programs.
  • 401(k) retirement savings plan.

 

Compensation

  • Compensation is competitive and commensurate with experience. Includes base salary, performance-based bonus and eligibility for equity participation.

 


QA Engineer

Parity Energy, Inc. seeks a zealous and talented test professional to join our quality assurance team. You will be working in a highly-collaborative, agile team to deliver frequent, high-quality releases of the Parity Energy Platform (PEP), our cutting-edge online marketplace for energy derivative trading. A significant focus of the role will be to maintain and expand our existing suite of Ruby-based Selenium tests. You will also be expected to participate in manual testing of new features, and to collaborate with business users and software developers in determining requirements and gathering feedback.

 

Duties

  • Work in an agile environment to establish and measure quality objectives for different deliverables.
  • Utilize leading edge tools and techniques to ensure product quality.
  • Review business and functional requirements in order to produce a test strategy and test cases.
  • Participate in conceptualization/requirements sessions with business and technical teams and provide input for improving the quality of the deliverable.
  • Create and execute test scripts and test plans.
  • Maintain and extend the QA automated test suite.
  • Review nightly automated test builds and follow up as appropriate (log bugs, fix tests).
  • Participate in bug review meetings.
  • Support performance testing efforts.

 

Skills and Experience

  • Two to five years software QA experience, preferably with a consumer-facing internet product.
  • One to two years experience running and maintaining automated QA tests; open source tools (such as Selenium) strongly preferred.
  • Programming skills sufficient to write automation scripts, and to validate test results in a database or through some other non-GUI based method.
  • Basic programming knowledge of at least one programming language: eg Ruby, Groovy, Python and some familiarity with CSS.
  • Experience with subversion or similar SCM tools.
  • Strong written and verbal communication skills.
  • Proficient in online documentation techniques using wiki and web-based project tracking tools (eg JIRA).
  • Ability to prioritize, multi-task and manage work to project timelines.
  • Should be a good team player.
  • Understanding of financial software products and the financial market in general is strongly preferred.
  • Relevant BA/BS degree.

 

Benefits

  • Comprehensive health, dental and vision insurance.
  • Life and personal accident insurance.
  • Short and long term disability.
  • Flexible spending account (FSA) and commuter pre-tax programs.
  • 401(k) retirement savings plan.

 


Parity Energy seeks brilliant marketing specialist

Parity Energy, Inc. seeks a dynamic marketing specialist to take over Parity’s communication efforts. Responsibilities include branding, the creation of web and print content, and the orchestration of Parity’s public relations efforts, including press, customer events and conferences. This position calls for an individual with substantial experience and a hands-on attitude.

Headquartered in downtown New York, Parity Energy, Inc. (www.parityenergy.com) is a young financial technology company in the business of matching institutional buyers and sellers of commodity derivatives. Its clients include oil and gas producers, utilities, investment and commercial banks, hedge funds, and market making firms. Parity's mission is to modernize over-the-counter trading and provide its customers with the transparency, anonymity and convenience of electronic trading through its award-winning marketplace for options, the Parity Energy Platform (PEP), for which it was voted Best Newcomer of the Year by Energy Risk in 2009.

Parity offers a highly supportive environment with strong growth opportunities for its employees. If you are interested in this position, please send your resume today to careers@parityenergy.com.

 

Experience

  • 3+ years working experience in marketing and communication;
  • Proficient with social media in a corporate context;
  • Basic proficiency in common web-design software tools;
  • Knowledge of the financial industry desired but not essential.

 

Skills

  • Creativity;
  • Great voice and electronic communication skills;
  • Strong organizational and project management skills;
  • Proven organizational and diagnostic skills;
  • Integrity, sound judgment, energy and a sense of urgency.

 

Benefits

  • Comprehensive health, dental and vision insurance;
  • Life and personal accident insurance;
  • Short and long term disability;
  • Flexible spending account (FSA) and commuter pre-tax programs;
  • 401(k) retirement savings plan.

 

Compensation

Compensation is competitive and commensurate with experience. Includes base salary, performance-based bonus and equity participation.

 


Account Manager To Leading Trading Institutions

Parity Energy, Inc. seeks smart and outgoing professionals looking for a great opportunity to help transform the landscape of energy derivatives trading and build strong relationships with individuals at leading financial institutions.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a financial technology firm with enormous upside potential. Its clients include a large number of producers, oil refiners, investment and commercial banks, hedge funds, exchange floor locals and insurance companies. Unique in its category, Parity Energy owns and operates an electronic trading platform for options, the Parity Energy Platform (PEP), designed to foster liquidity and enhance price discovery, for which it was recently voted Best Newcomer of the Year by Energy Risk in 2009. Parity Energy invests heavily in a sophisticated R&D infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

As the successful candidate, you will learn about the energy derivatives markets, the sales process and customer service. Your primary goal is to help Parity Energy customers have a great trading experience on PEP. This includes:

  • Meet and visit traders for hands-on training on PEP;
  • Establish and maintain a direct line of communication with PEP customers;
  • Collect feedback from users and conduct preview sessions for new features;
  • Generate excitement for customer events;
  • Maintain CRM data promptly and diligently.

 

Experience

  • Outstanding social skills and personal presentation, both on the phone and in person;
  • Bachelor degree from a top-tier school;
  • At least 3 years of professional experience;
  • Integrity, sound judgment, energy and a sense of urgency;
  • Unafraid of customers with large personalities;
  • Hands-on experience in one or more of the following areas: trading, derivatives, energy, trading systems;
  • Technologically savvy;
  • Willingness to travel extensively.

 

Compensation

Compensation is competitive and commensurate with experience. Includes base salary, performance-based bonus and equity participation.

 

Benefits

  • Comprehensive health, dental and vision insurance
  • Life and personal accident insurance
  • Short and long term disability
  • Flexible spending account (FSA) and commuter pre-tax programs
  • 401(k) retirement savings plan

 


Senior OTC Options Broker - Natural Gas, Crude Oil, Refined Products or Power

Parity Energy seeks a forward-thinking energy options broker with a strong desire to revolutionize the brokerage business. Candidates must have a substantial book of business specifically in the natural gas, crude oil, refined products or power asset classes, and a strong entrepreneurial drive focused on monetizing customer relationships by leveraging technology which Parity Energy has developed. The successful candidate will complement Parity Energy's highly-regarded brokerage desk.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a next-generation brokerage firm with enormous upside potential. Its clients include over one hundred producers, oil refiners, investment and commercial banks, hedge funds, exchange floor locals and insurance companies. Unique in its category, Parity Energy owns and operates an electronic trading platform for options designed to foster liquidity and enhance price discovery, for which it was recently voted Best Newcomer of the Year by Energy Risk in 2009. Parity Energy invests heavily in a sophisticated R&D and technology infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

Parity Energy provides its brokers with a highly supportive environment focused on maximizing total commissions. For instance:

  • A revolutionary electronic trading platform for options;
  • A real–time swap and option pricing tool to facilitate price discovery in fast moving markets;
  • A dedicated sales force bringing in new customers to the firm;
  • Deep collective experience in the brokerage, technology and financial engineering aspects of energy derivatives trading.

 

Experience

  • At least five years of brokerage or trading experience in energy options
  • A successful track record as a broker
  • Desk building or successful broker training experience

 

Skills

  • Demonstrated ability to build close and effective customer relationships
  • Strong managerial and leadership skills
  • Outstanding business and team–building abilities
  • Strong quantitative skills
  • Working knowledge of the fundamentals of futures and options
  • Competent in basic computer applications including Excel

 

Benefits

  • Comprehensive health, dental and vision insurance
  • Life and personal accident insurance
  • Short and long term disability
  • Flexible spending account (FSA) and commuter pre-tax programs
  • 401(k) retirement savings plan

 

Compensation

  • Base salary a function of experience
  • Performance-based bonus
  • Eligibility for equity participation

 


 


Senior OTC Options Broker - Sugar

Parity Energy seeks a forward-thinking energy options broker with a strong desire to revolutionize the brokerage business. Candidates must have a substantial book of business specifically in the natural gas, crude oil, refined products or power asset classes, and a strong entrepreneurial drive focused on monetizing customer relationships by leveraging technology which Parity Energy has developed. The successful candidate will complement Parity Energy's highly-regarded brokerage desk.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a next-generation brokerage firm with enormous upside potential. Its clients include over one hundred producers, oil refiners, investment and commercial banks, hedge funds, exchange floor locals and insurance companies. Unique in its category, Parity Energy owns and operates an electronic trading platform for options designed to foster liquidity and enhance price discovery, for which it was recently voted Best Newcomer of the Year by Energy Risk in 2009. Parity Energy invests heavily in a sophisticated R&D and technology infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

Parity Energy provides its brokers with a highly supportive environment focused on maximizing total commissions. For instance:

  • A revolutionary electronic trading platform for options;
  • A real–time swap and option pricing tool to facilitate price discovery in fast moving markets;
  • A dedicated sales force bringing in new customers to the firm;
  • Deep collective experience in the brokerage, technology and financial engineering aspects of sugar derivatives trading.

 

Experience

  • At least five years of brokerage or trading experience in sugar options
  • A successful track record as a broker
  • Desk building or successful broker training experience

 

Skills

  • Demonstrated ability to build close and effective customer relationships
  • Strong managerial and leadership skills
  • Outstanding business and team–building abilities
  • Strong quantitative skills
  • Working knowledge of the fundamentals of futures and options
  • Competent in basic computer applications including Excel

 

Benefits

  • Comprehensive health, dental and vision insurance
  • Life and personal accident insurance
  • Short and long term disability
  • Flexible spending account (FSA) and commuter pre-tax programs
  • 401(k) retirement savings plan

 

Compensation

  • Base salary a function of experience
  • Performance-based bonus
  • Eligibility for equity participation

 


 

Junior Broker

Parity Energy, Inc. seeks smart and customer-oriented professionals looking to learn how to broker energy derivatives in a hybrid electronic and voice environment.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a next-generation brokerage firm with strong upside potential. Its clients include producers, oil refiners, investment and commercial banks, hedge funds, exchange floor locals and insurance companies. Unique in its category, Parity Energy owns and operates a broker-assisted electronic trading platform for options designed to foster liquidity and enhance price discovery. Parity Energy invests heavily in a sophisticated R&D and technology infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

Parity Energy provides its brokers with a highly supportive environment focused on maximizing commissions:

  • The Parity Energy Platform (PEP), a revolutionary electronic trading platform for options;
  • A real–time swap and option pricing tool to facilitate price discovery in fast moving markets;
  • A dedicated sales force bringing in new customers to the firm;
  • Deep collective experience in the brokerage, technology and financial engineering aspects of energy derivatives trading.

 

As the successful candidate, you will receive hands-on training while on the brokerage desk. Your primary accountabilities will be:

  • Foster trading of options on PEP;
  • Communicate all relevant market information to customers in real-time;
  • Assist customers in managing orders;
  • Maintain real-time pricing intelligence for all products;
  • Assist in the end-of-day check-out process;
  • Train new and existing accounts to use PEP;
  • Meet accounts and prospects.

Experience

  • Bachelor degree from a top-tier school;
  • Fast mind, good with numbers;
  • Strong customer interaction skills, both on the phone and in person;
  • Integrity, sound judgment, energy and a sense of urgency;
  • Ability to keep cool under pressure;
  • Working knowledge of the fundamentals of futures and options;
  • Technologically savvy; competence with basic computer applications including Excel;
  • Willingness and ability to travel.

 

Benefits

  • Comprehensive health, dental and vision insurance
  • Life and personal accident insurance
  • Short and long term disability
  • Flexible spending account (FSA) and commuter pre-tax programs
  • 401(k) retirement savings plan

 


NYMEX Phone Clerk

Parity Energy, Inc. seeks energy derivatives professionals with a substantial customer base in one or more asset classes including crude oil, refined products, natural gas and precious metals. The successful candidate would be joining an established brokerage team on the floor of the New York Mercantile Exchange.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a next-generation brokerage firm with strong upside potential. Its clients include producers, oil refiners, investment and commercial banks, hedge funds, market makers and exchange floor locals. Unique in its category, Parity Energy owns and operates a broker-assisted electronic trading platform for options designed to foster liquidity and enhance price discovery. Parity Energy invests heavily in a sophisticated R&D and technology infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

Parity Energy provides brokers with a highly supportive environment focused on maximizing commissions:

  • A revolutionary broker–assisted electronic platform for options;
  • A real–time swap and option pricing tool to facilitate price discovery in fast moving markets;
  • A dedicated sales force bringing in new customers to the firm;
  • Deep collective experience in the brokerage, technology and financial engineering aspects of energy derivatives trading.

 

Experience

  • Bachelor degree;
  • At least two years of experience in energy derivatives as an options phone clerk on the NYMEX floor;
  • Contacts in several segments of the energy trading community (producers, consumers, hedge funds, proprietary trading firms, banks).

 

Skills

  • Demonstrated ability to build close and effective customer relationships;
  • Deep understanding of the energy producers and consumers hedging needs;
  • Outstanding business and team–building abilities;
  • Strong quantitative skills;
  • Working knowledge of the fundamentals of futures and options;
  • Competent in basic computer applications including Excel.

 

Benefits

  • Comprehensive health, dental and vision insurance;
  • Life and personal accident insurance;
  • Short and long term disability;
  • Flexible spending account (FSA) and commuter pre-tax programs;
  • 401(k) retirement savings plan.

 


Talented Java Programmer

Parity Energy, Inc. seeks talented Java programmers to implement a revolutionary trading platform from the ground up.

Headquartered in downtown New York, Parity Energy (www.parityenergy.com) is a next-generation brokerage firm with strong upside potential. Its clients include producers, oil refiners, investment and commercial banks, hedge funds, exchange floor locals and insurance companies. Unique in its category, Parity Energy owns and operates a broker-assisted electronic trading platform for options designed to foster liquidity and enhance price discovery. Parity Energy invests heavily in a sophisticated R&D and technology infrastructure providing customers with unsurpassed convenience and security while delivering competitive, firm orders to the market.

While coding has already started, you would be joining at an early stage.  As part of our agile development process, you will have direct access to domain experts for gathering requirements and you will participate in all parts of the process.  Our technology stack includes the latest Java Enterprise innovations such as Seam, Facelets, JSF and EJB3, all running in a Linux environment.

 

Experience

  • Minimum two years hands-on experience with Java server side development.  Experience with JBoss, JSF, Hibernate, EJB, Web UI design is a plus
  • Bachelor or graduate degree in Computer Science
  • Experience in successfully delivering software to the market  

 

Skills

  • Strong expertise in object-oriented design
  • Strong relational database skills
  • Good knowledge of Linux administration
  • Familiar with agile development practices

 

Benefits

  • Comprehensive health, dental and vision insurance
  • Life and personal accident insurance
  • Short and long term disability
  • Flexible spending account (FSA) and commuter pre-tax programs
  • 401(k) retirement savings plan