Distillate Trader

Exxonmobil Houston , TX 77020

Posted 1 week ago

Job Role Summary

Responsible for designing, developing and executing profitable trading opportunities around ExxonMobil's refining, logistics and marketing assets. Based at ExxonMobil's Spring TX campus, the role requires the development of strong internal (trading team members, refinery coordinators, analysts and scheduler/operators) and external (trading counterparties, brokers and strategic partners) relationships. The applicant should have excellent experience in the U.S. domestic and global distillate markets, with a strong risk controls acumen.

Job Role Responsibilities

  • Purchase / sale of term / spot finished grade distillate products on a "for profit basis"

  • Evaluate domestic and international distillate markets to develop future trading market view, while aligning view across internal trading and analytics teams

  • Collaborate with trading analytics to identify and capture distillate arbitrage opportunities

  • Utilize combination of derivatives and exchange cleared instruments to hedge, manage pricing exposure and optimize trading positions.

  • Ensure trading activities conducted within appropriate authority / risk limits and consistent with internal trading guidelines

  • Complete accurate and timely trade capture, managing ongoing interface with Risk Control to ensure position matching, mark to market and commercial margin accuracy

  • Interface directly with Canada Trading organization on inter-region arbitrage

Job Requirements

  • Bachelor's degree combined with a minimum of 5 years distillate trading experience.

  • A clear focus on physical trading but also knowledgeable and experienced in the use of derivatives.

  • Strong trading and logistics knowledge of the domestic U.S. distillate market, notably the Gulf Coast, NY Harbor and Mid West, including each region's interplays with international trade flows.

  • Experience and expertise in managing distillate storage locations.

  • Proven ability to develop new business relationships and capture new opportunities.

  • Self-starting, team player with ability to multi-task in a dynamic, high-pressure team environment.

  • Willingness to meet occasional after hours work needs and to travel on a limited basis.

Preferred Knowledge/Skills/Abilities

  • Proficient in both English and Spanish languages.

  • Strong analytical, communication and commercial skills

  • Coaching and mentoring experience.

  • Proficient in both English and Spanish languages.

  • Strong analytical, communication and commercial skills

  • Coaching and mentoring experience.

Alternate Location:

ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Nearest Major Market: Houston

Job Segment: Refinery, Risk Management, Energy, Finance


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Distillate Trader

Exxonmobil