Senior Trader - Fuel Oil/Feedstocks in London
Senior Trader - Fuel Oil/Feedstocks

Senior Trader - Fuel Oil/Feedstocks in London

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Develop and execute trading strategies for fuel oil and feedstocks in global markets.
  • Company: Join ExxonMobil, a leader in energy innovations and sustainability.
  • Benefits: Competitive salary, diverse workforce, and opportunities for professional growth.
  • Why this job: Make an impact in the energy sector while working with a dynamic global team.
  • Qualifications: 7-10 years of trading experience and strong analytical skills required.
  • Other info: Collaborative environment with a focus on ethical standards and compliance.

The predicted salary is between 72000 - 108000 £ per year.

Please note: A system upgrade will occur from mid-March through early April, which may result in temporary delays in certain processes. For assistance, please reach out to your Recruiter by email.

At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.

We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs.

Job Role Summary

ExxonMobil Global Trading is looking for an experienced Feedstocks / Fuel Oil Trader to join our dynamic and rapidly growing global Heavy Distillates team. This role will be responsible for risk-on trading in physical and/or derivative markets, optimizing ExxonMobil assets, managing risk, and capturing value through strategic trading decisions and global arbitrage. This role requires strong market analysis, negotiation skills, and collaboration across internal and external stakeholders to maximize profitability and ensure compliance with all applicable regulations and company policies.

Job Role Responsibilities

  • Develop and execute trading strategies for feedstocks / fuel oil, leveraging market fundamentals and ExxonMobil assets to unlock opportunities that capture value.
  • Initiate, negotiate, and execute physical and/or derivative trades to express market views and/or hedge exposures.
  • Continuously monitor market conditions, supply/demand dynamics, and competitive developments, and share them internally.
  • Participate in an active global team where information sharing and close collaboration are highly valued to maximize outcomes.
  • Evaluate and execute discretionary opportunities beyond core business (e.g., storage, blending, freight, arbitrage).
  • Work closely with Operations team to manage physical inventory positions and optimize transportation and logistics decisions.
  • Manage market and operational risk, ensuring adherence to company policies and industry regulations.
  • Recommend and implement changes to short-term supply and sales plans to optimize asset value (i.e., product yield shifts, import/export adjustments).
  • Collaborate with Risk, Credit, Legal, Accounting, and other teams throughout the trade lifecycle.
  • Conduct all business with the highest ethical standards and in strict compliance with sanctions and other regulations.

Required Qualifications:

  • 7-10 years of experience in physical/paper energy trading.
  • Physical and/or derivatives trading experience in petroleum products.
  • Experience with European fuel oil and/or feedstock markets (HSFO / CBO / VLSFO / HSSR / LSSR / VGO) highly preferred.
  • Solid understanding of commodity markets, trade flows, supply/demand fundamentals, arbitrage economics, etc.
  • Proven ability to develop and execute profitable physical / paper trading strategies.
  • Strong analytical, problem-solving, leadership, and organizational skills.
  • Excellent negotiation and communication skills; ability to build collaborative relationships and work on a large global team spanning multiple time zones.
  • Deep understanding of commodity risk management, hedging, VAR and exposure management.
  • Deep knowledge of Jones Act and foreign flag freight, blending, and storage logistics.

Senior Trader - Fuel Oil/Feedstocks in London employer: Exxon Mobil

At ExxonMobil, we pride ourselves on fostering a dynamic and inclusive work environment that encourages innovation and collaboration. As a Senior Trader in our global Heavy Distillates team, you will have the opportunity to engage with a diverse workforce while developing your skills in a fast-paced industry. Our commitment to employee growth, coupled with competitive benefits and a focus on sustainability, makes ExxonMobil an exceptional employer for those looking to make a meaningful impact in the energy sector.
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Contact Detail:

Exxon Mobil Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Trader - Fuel Oil/Feedstocks in London

✨Tip Number 1

Network like a pro! Reach out to industry contacts, attend relevant events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.

✨Tip Number 2

Prepare for interviews by researching the company and its market position. We recommend practising common interview questions and having your own questions ready. Show them you’re genuinely interested in ExxonMobil and the role of Senior Trader!

✨Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the team.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Senior Trader - Fuel Oil/Feedstocks in London

Market Analysis
Negotiation Skills
Collaboration
Risk Management
Trading Strategy Development
Commodity Market Understanding
Analytical Skills
Problem-Solving Skills
Communication Skills
Leadership Skills
Organisational Skills
Knowledge of Commodity Risk Management
Understanding of Hedging and VAR
Logistics Management
Experience in Physical/Paper Energy Trading

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Trader role. Highlight your experience in physical and derivatives trading, especially in petroleum products. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about energy trading and how your background makes you a perfect fit for our team. Let us know what drives you!

Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical and problem-solving skills. We love candidates who can demonstrate their ability to develop and execute profitable trading strategies based on market analysis.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands. Plus, we’re excited to see what you bring to the table!

How to prepare for a job interview at Exxon Mobil

✨Know Your Market

Before the interview, dive deep into the current trends in the fuel oil and feedstocks markets. Understand the supply and demand dynamics, recent price movements, and any regulatory changes that could impact trading strategies. This knowledge will not only impress your interviewers but also show that you're proactive and well-prepared.

✨Showcase Your Trading Strategies

Be ready to discuss specific trading strategies you've developed or executed in the past. Highlight how you leveraged market fundamentals to capture value and manage risk. Use concrete examples to illustrate your analytical skills and decision-making process, as this will demonstrate your capability to contribute to ExxonMobil's trading team.

✨Emphasise Collaboration Skills

Since this role involves working closely with various teams, be prepared to talk about your experience in collaborating with stakeholders across different functions. Share examples of how you've successfully communicated and negotiated with internal and external partners to achieve optimal outcomes in trading.

✨Prepare for Ethical Scenarios

Given the importance of ethical standards in trading, think about how you would handle potential ethical dilemmas. Be ready to discuss your understanding of compliance regulations and how you ensure adherence to them in your trading practices. This will show that you take the company's values seriously and are committed to conducting business responsibly.

Senior Trader - Fuel Oil/Feedstocks in London
Exxon Mobil
Location: London
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  • Senior Trader - Fuel Oil/Feedstocks in London

    London
    Full-Time
    72000 - 108000 £ / year (est.)
  • E

    Exxon Mobil

    10000+
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