Naphtha Trader
London or Leatherhead, SRY, GB
About us
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.
The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.
We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together.
ExxonMobil has operated in the U.K. for more than 135 years. We are best known today for the marketing of our Esso fuels and Mobil 1 lubricants and for our petrochemicals. We have refining and chemical operations in the UK, we operate the UK’s biggest private pipeline network and we retain a non-operated share in a number of fields in the North Sea. More recently, we are developing our involvement in lower emission projects in the UK, building on our experience in carbon capture and storage (CCS), hydrogen production and biofuels.
An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life. 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.
Please note benefits may be changed from time to time without notice, subject to applicable law.
The closing date for this role is Friday, 31st March 2023.
What role will you play within our team
If successful you will be an integral part of the Light Ends Trading team, developing trading strategies that manage the flexibility and opportunities 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 global trading team, origination teams, offering trading / hedging solutions, in addition to providing support to the risk controls team and analytics team in the evaluation of portfolio risk and valuation of flexibility and opportunities.
What you will do
- Developing commercial strategies for optimal sales and purchases of physical and derivative naphtha within Value at Risk (VaR) limits
- Optimising our portfolio 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 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
About you
- Be educated to Masters Degree level (or equivalent) in a numeric discipline e.g. Engineering, Science, Economics, Finance, Mathematics or Statistics (or have relevant work experience underpinned by strong P&L performance)
- Have previous European naphtha trading experience, focused predominantly on:
- Evaluating, optimising and trading global naphtha products (EU, US, AP)
- Knowledge of physical ARA, NWE and MED European markets (logistics, offtake, outlets)
- Have experience in new market entry and trading in global naphtha 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.
Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.
Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.
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