Trader - Full Time

Physical Products Trader, Pinnacle Fuel - VN2150
Houston, TX Full-Time Energy

Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Marex is seeking a Physical Products Trader who is an experienced, strategic, diligent, ambitious, and proactive individual, responsible for a portfolio of Petroleum products. Commercial ability to maintain good relationship with clients and find new ones to bring flow.

The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

Pinnacle Fuel LLC is the physical oil and petroleum trading division of Marex. As a global merchant trader of a broad spectrum of products, ranging across the entire scale of the crude barrel, we bring value to the marketplace by identifying the optimal outlets for the various products we handle. Unlike most of its peers, Pinnacle is a multi-faceted trading house that derives value from being hands‑on in every aspect of its business. Fuel Oil

Crude Oil

Pinnacle Fuel provides a full range of services including: blending, storage, marketing, logistics and distribution, along with a robust sales and purchasing program.

Conduct thorough analysis of energy markets, supply and demand trends, geopolitical factors, and economic indicators to inform trading decisions.

Develop and implement risk management strategies to mitigate price fluctuations, credit risks, and operational uncertainties associated with trading activities.

Execute trading strategies by buying and selling petroleum products, ensuring accurate and timely trade execution.

Collaborate closely with logistics, transportation, and storage teams to optimize the movement and storage of petroleum products, ensuring timely delivery to customers.

Establish and nurture relationships with suppliers, customers, and industry peers to gather market insights, negotiate favorable terms, and ensure smooth transactions.

Utilize data analytics, market modelling, and demand forecasting to predict market trends, develop trading strategies, and improve decision-making.

Stay up to date with industry regulations and ensure that trading activities align with legal and compliance standards.

Stay informed about industry dynamics, emerging technologies, and trading best practices to adapt strategies accordingly.

Prepare regular report on trading activities, performance metrics, and market analysis for internal stakeholders.

Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.

Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.

Carrying out regulatory activities under the Marex Financial and MSIL trading books.

clients include banks, hedge funds, market makers, fund managers, institutional, trading houses and other trading boutiques.

To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.

To report any breaches of policy to Compliance and/or your supervisor as required.

To elevate risk events immediately.

To provide input to risk management processes, as required.

Excels at building relationships, networking and influencing others.

Analytical skills, identifying opportunities and risks in a quick and decisive manner.

Comprehensive knowledge of the financial service markets and relevant regulatory requirements.

Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Experience in risk managing of Petroleum portfolios.

150,000 to $250,000 per year and eligible for discretionary bonus.

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.

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