Senior Derivatives Trader
About The Position
The Senior Products Derivatives Trader will be responsible for trading derivatives in US and global energy markets and in coordination with global market activity generated by Shell Trading’s worldwide network. This is a fast-moving, dynamic and successful trading team that supports the Group’s short-term requirements and longer-term strategy. You will be part of the Trading & Supply Products organization which is at the heart of Shell’s Downstream business. T&S Products exists as the integrator with the rest of Shell to enable stronger E2E value delivery. We do so through managing and optimizing the physical supply chain, as well as creating value through proprietary trading. Reporting to the Team Lead, Commodity Derivatives Trading (CDT) in Houston, this role will be responsible for the returns of the Products Derivatives trading book for CDT, and the opportunity to drive its growth. As Shell’s single market interface to US exchanges for Products futures transactions, you will be part of a wider global team of Sales & Trading, and Specialist Derivatives Traders.
Requirements
- Must have legal authorization to work in the U.S. on a full-time basis for anyone other than the current employer
- Bachelor’s degree or equivalent relevant experience required
- Minimum of 5 years of combined crude and products derivatives trading.
- Successful energy commodities derivatives trading experience in initiating, implementing, and managing positions/strategies, which have generated consistent profitability over several years
- Experience quoting, executing, and warehousing customer flow
- Excellent interpersonal skills, professional maturity and good work ethics are necessary to succeed in this role.
- Proven track record in interacting with and managing customers and other stakeholders with good outcome in negotiating and concluding deals.
- A self-starter with a proactive approach to problem solving and displays a strong commercial acumen and knowing how to adapt trading strategies in a fast-paced and evolving commercial environment.
- Team chemistry is a must.
Nice To Haves
- Business development experience in deal structuring and relationship building with third parties a strong plus
- Highly focused on bottom line profitability and proficient in risk/exposure management
Responsibilities
- Managing a proprietary refined products derivatives trading book through careful strategic analysis of the Crude, Products, and Agriculture markets using futures, swaps, and options
- Opportunity to trade the ‘refinery margin’ and all cuts of the barrel
- Coverage assistance with other roles on the Houston team
- Participation in global team strategy discussions
- Confirming overall trade book accuracy on transactions/exposure/profitability
- Managing internal and external customer flow business and trading around exposure
- Participation in a wide array of business development activities to find new sources of value from internal and external financial counterparties
- Ownership and promotion of CDT’s execution platform
- Driving short and medium-term strategy
- 100 percent adherence to all of Shell’s Policies & Procedures, Code of Conduct and Compliance Manual
Benefits
- medical
- dental
- vision coverage
- life Insurance
- Business Travel Accident Insurance
- Occupational Accidental Death Benefit programs
- company pension plan
- 401(k) plan
- up to 6 weeks of paid vacation time
- up to 11 paid holidays
- parental leave offering 16 weeks of paid leave for birthing parents
- 8 weeks of paid leave for non-birthing parents
- short-term disability leave for up to 26 weeks at 100% or 50% of base pay
- Long-Term Disability insurance
- financial reimbursement for adoption
- wellness
- education
- personal learning expenses
- discretionary long-term incentives
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
