At a Glance
- Tasks: Develop and execute trading strategies for fuel oil and feedstocks in a dynamic market.
- Company: Join ExxonMobil's innovative global trading team with a focus on collaboration.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make impactful trading decisions and optimise assets in a fast-paced environment.
- Qualifications: 7-10 years of trading experience with strong analytical and negotiation skills.
- Other info: Work with a diverse global team and enjoy excellent career advancement opportunities.
The predicted salary is between 72000 - 108000 £ per year.
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.
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.
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.
- 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
Contact Detail:
ExxonMobil Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Trader - Fuel Oil/Feedstocks in London
✨Network Like a Pro
Get out there and connect with industry professionals! Attend trading conferences, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your trading strategies and market analysis skills. Share specific examples of how you've optimised assets or managed risk in past roles. We want to see your expertise shine!
✨Stay Updated on Market Trends
Keep your finger on the pulse of the fuel oil and feedstock markets. Regularly read up on market reports and news to stay informed. This knowledge will not only help you in interviews but also show that you're genuinely passionate about the industry.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us can give you an edge, as we value candidates who take the initiative. Plus, it’s a great way to showcase your enthusiasm for joining our dynamic team.
We think you need these skills to ace Senior Trader - Fuel Oil/Feedstocks in London
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 fuel oil and feedstocks. We want to see how your skills align with our needs!
Showcase Your Analytical Skills: In your application, emphasise your strong analytical abilities. Share examples of how you've used market analysis to make strategic trading decisions. This will show us you can thrive in our dynamic environment.
Highlight Collaboration Experience: Since collaboration is key for us, mention any experiences where you've worked closely with teams across different functions. We love seeing candidates who can build relationships and share information effectively.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at ExxonMobil
✨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 could impact trading strategies. This shows you’re not just familiar with the basics but are genuinely engaged with the market.
✨Showcase Your Trading Strategies
Come armed with examples of successful trading strategies you've developed or executed in the past. Be ready to explain your thought process, the risks involved, and how you maximised profitability. This will demonstrate your analytical skills and ability to make informed decisions under pressure.
✨Highlight Collaboration Skills
Since this role involves working closely with various teams, emphasise your experience in collaboration. Share specific instances where you’ve worked with operations, risk management, or legal teams to achieve a common goal. This will illustrate your ability to navigate complex relationships and drive results.
✨Prepare for Ethical Scenarios
Given the importance of compliance and ethical standards in trading, be ready to discuss how you handle ethical dilemmas. Think of examples where you had to make tough decisions while adhering to regulations. This will show that you understand the gravity of compliance in trading and are committed to maintaining high standards.