Gasoline Paper Trader

Chevron • Houston, TX

2d

About The Position

The Gasoline Paper Trader is responsible for developing and executing trading strategies in predominantly in the global gasoline paper markets to optimize Chevron’s positions and deliver profitable results. The role involves managing risk through derivatives, analyzing market fundamentals, and collaborating closely with physical traders to align paper strategies with physical flows. Success requires strong market insight, quick decision-making, and strict adherence to compliance and Operational Excellence standards.

Requirements

• Degree Level (or equivalent) in Engineering, Economics, Business, or related fields preferred.
• Solid understanding of refining economics, blending, and arbitrage flows (USGC, NYH, Europe, Asia).
• Strong analytical skills and ability to make quick, informed decisions under pressure.
• Excellent communication and negotiation skills.
• Proven track record of being strongly driven toward future success.
• Flexible approach to working hours to accommodate the demands of a busy trading operation.
• Periodic travel may be required.

Nice To Haves

• Proven experience in gasoline trading, with strong knowledge of paper instruments and hedging strategies.
• Preferably 3+ years of trading experience in Refined Products.

Responsibilities

• Develop and execute trading strategies for gasoline paper markets to optimize Chevron’s US and global positions to generate profit.
• Work with Analytical team to develop fundamentals to spot market trends and identify opportunities.
• Collaborate with physical traders to align paper strategies with physical flows and blending economics.
• Provide clear communication of positions, strategies, and operational requirements to supporting teams.
• Manage risk exposure through derivatives (swaps, futures, options) and ensure compliance with internal risk limits.
• Negotiate and execute financial commodity transactions across multiple time horizons (spot, term).
• Maintain strong relationships with brokers, counterparties, and internal stakeholders to enhance market intelligence.
• Ensure adherence to compliance standards and Chevron’s Operational Excellence principles in all trading activities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees