Crude Trader
Spring, TX, US, 77389
Job Group Capability
Job Group
Job Role Description
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
Functional Skills
Nearest Major Market: Houston
Job Segment:
Risk Management, Finance