At a Glance
- Tasks: Develop and execute trading strategies for fuel oil and feedstocks in a dynamic market.
- 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 towards a net-zero future.
- Qualifications: 7-10 years of trading experience with strong analytical and negotiation skills.
- Other info: Collaborative global team environment with a focus on ethical standards.
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 (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: ExxonMobil
Contact Detail:
ExxonMobil 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 on LinkedIn or attend relevant events. 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 ExxonMobil's latest projects and innovations. Show us that you’re not just interested in the role, but also in how you can contribute to our vision of a net-zero future.
✨Tip Number 3
Practice your negotiation skills! As a trader, you’ll need to demonstrate your ability to negotiate effectively. Role-play with a friend or mentor to sharpen those skills before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Senior Trader - Fuel Oil/Feedstocks
Some tips for your application 🫡
Show Your Trading Expertise: When you're writing your application, make sure to highlight your experience in physical and derivatives trading. We want to see how your skills align with the role of a Senior Trader, especially in fuel oil and feedstocks.
Be Specific About Your Achievements: Don’t just list your responsibilities; share specific examples of successful trading strategies you've developed or executed. We love to see quantifiable results that demonstrate your impact in previous roles.
Tailor Your Application: Make sure your application speaks directly to the job description. Use similar language and terminology that we use at ExxonMobil to show that you understand our industry and the role you're applying for.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role you’re excited about!
How to prepare for a job interview at ExxonMobil
✨Know Your Market
Before the interview, dive deep into the current trends in the fuel oil and feedstock 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 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 across departments. Share examples of how you've successfully communicated and negotiated with stakeholders to achieve common goals. This will highlight your ability to thrive in a global team environment.
✨Understand Compliance and Ethics
Familiarise yourself with the compliance regulations and ethical standards relevant to trading in the energy sector. Be ready to discuss how you've ensured adherence to these standards in your previous roles. This will reassure the interviewers that you prioritise integrity and are committed to conducting business responsibly.