Trader

Job Title

Trades in both physical clean products and financial commodities in the domestic and international trading markets. Physical products include gasoline, diesel, jet, heating oil, renewable fuels and RINS.

Essential Duties and Responsibilities

• Physical trading activity, both spot and term, is in pursuit of both optimal system supply and trading profits.
• Develops trading strategies, initiates and manages physical and financial positions for profit, focuses on supply portfolio, manages price exposure for system and trading positions and proposes relevant risk management and hedging strategies.
• Accountable for optimization of supply for retail system requirements and for book trading positions profit/loss.
• Collaborates with commercial operations to manage physical inventories consistent with supply requirements and financial market structure. Represents the company externally and requires an extensive network of 3rd party contacts.
• Seeks out and identifies trading opportunities. Embeds optionality to reduce exposure in trading positions and trade books, interprets financial information, integrates information from a variety of sources, detects trends, associations, and cause/effect outcomes.
• Negotiates contracts both short and long-term. Builds relationships, manages third parties and internal relationships, develops contacts and gathers relevant market information.
• Participates in setting strategic plan for supply & trading team and provides leadership role to other commercial functions.

Required Skills

• Bachelor's degree in Finance/Business/Engineering or other related discipline
• Prior trading experience in financial markets (futures, swaps, options, etc.)
• Overall understanding of the global refined products business including supply, trading, logistics and operations
• Excellent analytical, communication, and interpersonal skills
• Proven negotiation skills
• Demonstrated leadership capability

Job Requirements

• Trader level requires a minimum of 2-5 years experience in energy industry with at least 2 years prior trading experience in domestic physical clean products markets.
• Trader II level requires a minimum of 5 years experience in energy industry with at least 2 years prior trading experience in domestic physical clean products markets.

Preferred Skills

• Experience using Right Angle
• Gasoline blending experience
• Physical product and component trading experience in U.S. hub markets (USGC, NYH, CHI)
• Understanding of refined products logistics assets in the U.S. (pipelines/terminals)
• Experience in commercial operations such as marine and pipeline movements