Senior Trader - Fuel Oil/Feedstocks
Senior Trader - Fuel Oil/Feedstocks

Senior Trader - Fuel Oil/Feedstocks

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 a real impact in the energy sector while driving sustainable solutions.
  • Qualifications: 7-10 years of trading experience with strong analytical and negotiation skills.
  • Other info: Collaborative global team with a focus on ethical standards and compliance.

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

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 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 Heavy Distillates team, you will have the opportunity to engage with a diverse workforce while contributing to sustainable energy solutions. Our commitment to employee growth is reflected in our comprehensive training programmes and career advancement opportunities, making ExxonMobil an exceptional employer for those seeking meaningful and rewarding careers 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

✨Tip Number 1

Network like a pro! Reach out to industry contacts, attend events, and join relevant online groups. The more people you know, the better your chances of landing that Senior Trader role.

✨Tip Number 2

Prepare for interviews by brushing up on your market analysis skills and trading strategies. Be ready to discuss how you can optimise ExxonMobil's assets and manage risks effectively.

✨Tip Number 3

Showcase your negotiation skills during interviews. Share examples of past trades where you successfully captured value or navigated complex market conditions.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows your commitment to joining the ExxonMobil team.

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

Market Analysis
Negotiation Skills
Collaboration
Risk Management
Trading Strategy Development
Commodity Market Understanding
Analytical Skills
Problem-Solving Skills
Communication Skills
Knowledge of Petroleum Products
Experience with European Fuel Oil Markets
Hedging and Exposure Management
Logistics Optimization
Leadership Skills

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 fundamentals.

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 geopolitical factors that could impact trading. 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 is crucial for a Senior Trader role.

✨Emphasise Collaboration Skills

Since this role involves working closely with various teams, be prepared to talk about your experience in collaborating across departments. Share examples of how you've successfully communicated and negotiated with stakeholders to achieve common goals, especially in a global context.

✨Understand Compliance and Ethics

Familiarise yourself with the regulations and compliance standards relevant to energy trading. Be ready to discuss how you've ensured adherence to these standards in your previous roles. This will demonstrate your commitment to ethical trading practices, which is essential for a company like ExxonMobil.

Senior Trader - Fuel Oil/Feedstocks
Exxon Mobil
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  • Senior Trader - Fuel Oil/Feedstocks

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

    Exxon Mobil

    10000+
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