Crude Trader

Location: 

Spring, TX, US

Company:  ExxonMobil

 

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.

Job Role Summary

 
ExxonMobil Global Trading is seeking a Crude Trader to support and optimize the company’s physical crude portfolio. The role involves developing trading strategies that manage flexibility within the portfolio while increasing the value of ExxonMobil’s assets and positions. You will act as a key market interface, offering trading and hedging solutions, and will work closely with operations and analytics teams to evaluate portfolio risk and assess the value of flexibility.

Job Role Responsibilities

 

  • Developing commercial strategies for optimal sales and purchases 
  • Optimizing our portfolio of structured products through effective implementation of  trading strategies and VaR utilization 
  • 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 

Required Qualifications

  • Hold a Bachelor’s degree, combined with Crude trading experience
  • Have a clear focus on physical trading, with additional knowledge / experience of derivatives
  • Have experience in new market entry and origination
  • Demonstrated experience with Canadian pipeline ORBs/OBAs and/or Louisiana Sour crude
  • 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 

 

Alternate Location:  

 

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.


Nearest Major Market: Houston

Job Segment: Sustainability, Risk Management, Energy, Finance