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Structured Product Gas Trader

Location: 

Leatherhead, SRY, GB

Company:  ExxonMobil

Job Role Summary

 

We are the largest publicly traded international Oil and Gas Company, using technology and innovation to help meet the world's growing energy needs. We hold an industry-leading inventory of resources and we are one of the world's largest integrated refiners, marketers of petroleum products and chemical manufacturers.

 

We are expanding our gas and power business, transitioning to a global trading organisation.  To further capitalise on commercial insights, we are rapidly building our trading, origination & analytical capabilities to capture new assets and enter new market areas in Europe.  We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business.

 

The current opportunity is for an experienced Structured Products Gas Trader to join our Operations & Trading team, as part of the Front office in our Europe Gas Optimization and Trading team, based in Leatherhead, Surrey.

 

We offer an excellent remuneration and benefits package, which includes a competitive salary, defined benefit pension scheme, share incentive plan and private health care for employees and their families.

 

The closing date for this role is Friday 31st July 2020.
 

Job Role Responsibilities

 

If successful you will be an integral part of the Operations & Trading team, developing trading strategies that manage the flexibility within our own portfolio, as well as increase the value of our assets and portfolio positions. You will act as a key interface for the origination team, offering trading / hedging solutions in less liquid markets, in addition to providing support to the Analytics team in the evaluation of portfolio risk and valuation of flexibility. The key deliverables include:

 

  • Developing commercial strategies for optimal sales and purchases of natural gas and regas LNG within Value at Risk (VaR) limits 
  • Optimising our portfolio of structured products through effective implementation of  trading strategies and VaR utilisation 
  • Taking a proactive role in business development, seeking out and evaluating market tenders to capture new business
  • Facilitating entry into new markets, leveraging knowledge of illiquid markets and broker contacts 
  • Ensuring trading activity is in compliance with internal risk governance policies/procedures, and is accurately captured in trade reporting infrastructure (i.e. position reporting, trade bookings & settlement)
  • Providing insights to our Analytics team to continuously improve trading applications and fundamental analysis 
Expected Level of Proficiency

 

To be eligible for this role, you must:

 

  • Be educated to Degree level (or equivalent) in a numeric discipline e.g. Engineering, Science, Economics, Finance, Mathematics or Statistics (or relevant work experience underpinned by strong P&L performance)
  • Have previous European gas trading experience, focused predominantly on:
    • Evaluating, optimising and trading structured products (i.e. storage, pipelines)
    • Southern & Eastern European markets (Spain, Italy, Austria, etc.)
  • Have experience in new market entry and trading in illiquid markets
  • Be able to demonstrate the ability to establish broker/asset contacts to generate new business opportunities
  • Have a track record of positive P&L
  • Possess a deep understanding of risk management 
  • Have strong commercial acumen, an entrepreneurial mind-set, analytical/IT skills, and take accountability for your results and contributions to the team   
  • Possess a broad range of personal effectiveness and leadership skills, with the ability to facilitate and influence business decisions in a multi-cultural team environment
  • Have fluent English language skills (written and spoken), with additional language skills being desirable 

 

 

 

Conditions of Employment
Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.

 

Equal Employment Opportunity Policy
ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.