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Trader - Distillate

ExxonMobil
Posted a month ago, valid for 22 days
Location

Houston, TX 77220, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • ExxonMobil Global Trading is looking for an experienced Distillate Trader to join their global distillates team, requiring over 5 years of trading experience.
  • The role focuses on managing NYH physical and paper positions while developing profitable trading strategies based on market fundamentals.
  • Key responsibilities include trading ULSD, Jet, and Heating Oil, as well as managing logistics, inventory, and risk in collaboration with Operations and Scheduling teams.
  • Candidates should possess a deep understanding of NYH market dynamics, strong analytical skills, and proven success in trading distillates.
  • The position offers a competitive salary, though the specific amount is not disclosed in the job description.

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



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