Sr Trader

Energy Transfer•Newtown Square, PA

23h

About The Position

Sunoco LP is seeking a Senior Trader to join a collaborative and innovative team transacting in physical and financial markets. The role focuses on supplying customers with low-cost products and generating EBITDA in a fast-paced environment. The trader develops and executes physical and financial strategies, optimizes supply for retail system requirements, manages price exposure and positions, and pursues trading profits. The position also involves working with commercial operations, negotiating contracts, maintaining external and internal relationships, and contributing strategic and leadership input to the supply and trading team. The work environment is usually a normal office setting. The employee must be able to remain stationary for 50% of the time due to prolonged sitting or standing. Occasional overnight travel may be required.

Requirements

Bachelor of Science degree in Finance, Business, Engineering, or another related discipline.
At least 8 years of total industry experience.
Prior trading experience in financial markets, including futures, swaps, or options.
Overall understanding of the global refined products business, including supply, trading, logistics, and operations.
Excellent analytical, communication, and interpersonal skills.
Proven negotiation skills.
Demonstrated leadership capability.

Nice To Haves

Gasoline blending experience.
Physical product and component trading experience in U.S. hub markets, including USGC, NYH, or CHI.
Experience in commercial operations such as marine and pipeline movements.

Responsibilities

Participate in spot and term physical trading strategies to optimize system supply and trading profits.
Develop trading strategies and initiate and manage physical and financial positions for profit.
Focus on the supply portfolio, manage price exposure for system and trading positions, and propose risk-management and hedging strategies.
Optimize supply for retail system requirements and manage profit and loss for book trading positions.
Collaborate with commercial operations to manage physical inventories in line with supply requirements and financial market structure.
Represent the company externally and maintain an extensive network of third-party contacts.
Identify trading opportunities; use optionality to reduce exposure in trading positions and trade books; interpret financial information; and identify trends, associations, and cause-and-effect outcomes.
Negotiate short- and long-term contracts.
Build relationships, manage third parties and internal relationships, develop contacts, and gather relevant market information.
Participate in setting the supply and trading team's strategic plan and provide leadership to other commercial functions.