At a Glance
- Tasks: Join our dynamic team to develop and execute trading strategies in the fuel oil market.
- Company: ExxonMobil, a leader in energy innovations with a diverse workforce.
- Benefits: Competitive salary, career growth opportunities, and a commitment to sustainability.
- Why this job: Make a real impact in energy trading while collaborating with a global team.
- Qualifications: 7-10 years of trading experience and strong analytical skills required.
- Other info: Work in a fast-paced environment with a focus on ethical standards and compliance.
The predicted salary is between 72000 - 108000 £ per year.
About us
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 (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 (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: ExxonMobil Corporation
Contact Detail:
ExxonMobil Corporation 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 on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for interviews by researching the company and its market position. We want to see you shine, so practice answering common trading scenarios and be ready to discuss your strategies and successes.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to make trading decisions. We love seeing candidates who can back up their claims with solid evidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate individuals who align with our vision for a sustainable future.
We think you need these skills to ace Senior Trader - Fuel Oil/Feedstocks in London
Some tips for your application 🫡
Show Your Passion for Energy: When writing your application, let your enthusiasm for the energy sector shine through. We want to see how your experience aligns with our vision of leading in energy innovations and creating sustainable solutions.
Highlight Relevant Experience: Make sure to emphasise your trading experience, especially in physical and derivatives markets. We’re looking for someone who can demonstrate a solid understanding of commodity markets and has a proven track record in developing profitable trading strategies.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon unless it’s necessary. Make it easy for us to see how you fit into the role and what unique skills you bring to the table.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the team!
How to prepare for a job interview at ExxonMobil Corporation
✨Know Your Market Inside Out
Before the interview, dive deep into the current trends and dynamics of the fuel oil and feedstock markets. Be prepared to discuss recent developments, supply and demand shifts, and how they might impact trading strategies. This shows your passion and expertise in the field.
✨Showcase Your Trading Strategies
Come equipped with examples of successful trading strategies you've developed and executed in the past. Highlight how you leveraged market fundamentals to capture value and manage risk. This will demonstrate your practical experience and strategic thinking.
✨Emphasise Collaboration Skills
Since this role involves working closely with various teams, be ready to share examples of how you've successfully collaborated with others in previous roles. Discuss how you’ve built relationships across departments and maximised outcomes through teamwork.
✨Prepare for Ethical Scenarios
Given the importance of compliance and ethical standards in trading, think about scenarios where you had to navigate complex regulations or ethical dilemmas. Be prepared to discuss how you ensured adherence to policies while making strategic decisions.