Trader - Distillate

Location: 

Spring, TX, US, 77389

Company Name:  ExxonMobil

Job Group Capability

Trading

Job Group

Trading

Job Role Description

ExxonMobil Global Trading is seeking an experienced Distillate Trader to join our growing global distillates team. This role requires a deep understanding of the NYH market.  The trading portfolio will consist of managing NYH physical and paper positions with focus on building a network of customers, high-grading tank utilization, and managing risk. 

Job Role Responsibilities

  • Trade ULSD, Jet, Heating Oil, and other distillates across physical and/or paper markets.
  • Develop and execute profitable trading strategies using market fundamentals and asset optionality.
  • Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
  • Monitor global market trends and communicate insights across the trading organization.
  • Identify value opportunities in blending, storage, arbitrage, and freight.
  • Ensure strict compliance with company policies, regulations, and risk controls.
  • Build strong relationships with counterparties, refiners, brokers, and customers. 

 

Required Qualifications 

  • 5+ years trading experience
  • Deep knowledge of NYH customers, logistics, and market dynamics
  • Ability to develop shorts and successfully manage a terminal position with pipeline/dock connectivity
  • Strong risk management, including experience hedging physical exposures
  • Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.).
  • Deep understanding of supply/demand fundamentals, trade flows, and arbitrage economics.
  • Strong analytical, negotiation, and communication skills.
  • Deep understanding of commodity risk management practices, including hedging, exposure management,
  • VAR concepts, and derivatives market mechanics.
  • Ability to perform in a fast‑paced, dynamic market environment.
  •  

Functional Skills

Energy Commodity & Derivative Trading
Negotiation
Opportunity & Market Identification
Trading Market Analysis
Quantitative & Technical Trading Analysis
Energy Risk Analysis & Mitigation
Strategic Contract Development
Optionality Valuation
Trading Scheduling
Deal Structuring
Financial Markets Execution
Market Pricing Mechanisms


Nearest Major Market: Houston

Job Segment: Pipeline, Risk Management, Energy, Finance