Trader - Distillate
Core
Manage NYH physical and paper positions for ULSD, Jet, and Heating Oil, focusing on logistics, inventory, and risk management.
Role type
Senior commodity trader (distillates)
Builds
Physical and paper trading portfolios for ExxonMobil's Upstream and Product Solutions businesses
Domain
Energy commodities (distillates), physical logistics, and derivatives
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Distillate trading (ULSD, Jet, Heating Oil), NYH market expertise, physical position management, hedging, arbitrage identification, supply/demand analysis, risk management, negotiation
Preferred skills
Pipeline/dock connectivity management, blending strategies, freight arbitrage, VAR concepts, derivatives mechanics
Technologies
Derivatives markets, physical logistics systems, market analysis tools
Responsibilities
Trade ULSD, Jet, and Heating Oil across physical and paper markets; Develop profitable strategies using market fundamentals; Manage positions, logistics, and inventory with Operations teams; Monitor global market trends; Identify value in blending, storage, and freight; Ensure compliance with risk controls; Build relationships with counterparties and customers
Seniority
Senior, hands-on IC