Crude Oil Trader

HF Sinclair•Calgary, AB

10d•Hybrid

About The Position

HF Sinclair is seeking a Crude Oil Trader in Canada. In this role, you will manage trading of Crude Oil in Canada, for supply to HF Sinclair USA refineries. You will also work on complex trading assignments, using specialized knowledge and skills.

Requirements

A minimum of eight years or more related job experience in the petroleum industry, including at least 5 years scheduling or trading crude oil.
Advanced ability to perform a variety of crude oil assignments effectively.
Excellent networking and communications skills are essential.
Crude oil trading skills, understanding and exposure to risk management, financial trading, and economical analysis.
Ability to maintain positive and productive working relationship within department and with other departments.
Ability to organize, coordinate, or develop systems to identify price setting mechanism for various crude oils, the value of various crude oils to our refineries, and to capture arbitrage and blending opportunities based on differences in these values.
Ability to effectively communicate with others, both written and verbal communication, advanced reading and writing skills, with the ability to perform complex mathematical calculations.

Nice To Haves

Experience in Canadian crude oil production or refining is preferred.
Advanced knowledge of SAP, Microsoft products, multi tasking ability and industry specialization.
Knowledge of crude oil supply and trading as well as refining procedures is also preferred.

Responsibilities

Conducts Canadian trading for refinery supply to maximize profitability
Monitors foreign and Canadian crude markets and supply pricing to Planning group for inclusion into Refinery LP runs
Purchases and/or trades Canadian feedstock to HF Sinclair refineries as required
Coordinates with Crude Scheduling for Canadian crude oil movements and with Crude Origination for development of long term and strategic positions.
Conducts crude oil blending activities to generate maximum value and optimal feedstock opportunities
Supplies Canadian crude oil to HF Sinclair for its refineries at lowest possible cost in conjunction with Domestic Supply Managers
Arranges the most efficient means of transportation when transporting Canadian crude oil
Maintains relationships with suppliers and various industry participants. Identifies new and maintains current customer base and develops and implements strategies to expand and establish new customers.
Collects and analyzes market research to verify price information and to identify other potential purchasing opportunities. Conducts trend analysis.
Monitors and evaluates crude market to recommend new trading opportunities. Develops and executes crude supply, blending and transportation strategy.
Acts as a liaison and supports other company departments with crude oil transactions. Collaborates closely with refinery management and planners to supply optimal crude slate to the refineries.
Special assignments or tasks assigned to the employee by their superior, as determined from time to time in their sole and complete discretion.