Trader - Distillate
Location:
Spring, TX, US, 77389 Company Name: ExxonMobilExxonMobil 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
- NegotiationOpportunity & 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
