Trader – Middle Distillates

Shell • Houston, TX

9d • $160,000 - $240,000 • Onsite

About The Position

The purpose of the Trading & Supply Products business is to maximize sustained value creation in oil products markets with effective management of HSSE performance and the necessary controls for regulated business activities, in support of overarching Downstream objectives of material cash generation and high return on capital. The scope of the Trading and Supply (T&S) business encompasses all activities globally from lifting fuel components/products from equity refining and purchasing fuel components/products from third parties, to delivering finished products to branded Marketing businesses and selling fuel products/components to counterparties, including global proprietary trading of fuels components/products.

Requirements

• The candidate must have legal authorization to work in the US on a full-time basis.
• Bachelor’s degree or equivalent relevant experience required.
• At least 3 years of physical oil trading experience, with proven record of P&L ownership and confidence to perform.
• Ability to develop fundamentally based trading strategies as well as technical trading strategies to increase value generation on multiple levels.
• Consistently demonstrated strong commercial acumen and astute focus on bottom-line profitability, inquisitive, with the ability to analyze and drill into details.
• Highly numerate with good analytical capacities and have a healthy appetite for risk.
• Creative in identifying, assessing and delivering opportunities.
• Collaborative and team player.
• Ability to develop strong relationships with a wide range of stakeholders, effective communication skills to influence with all levels in the organization and across cultures.
• Proven track record in interacting and managing customers and other stakeholders with strong outcomes in negotiating, concluding and operating deals and partnerships.
• Excellent understanding of price exposure management.
• An independent, self-starter attitude, strong work ethos and professional maturity are necessary to succeed in this role.
• Strong desire to develop their career in a fast-paced and evolving commercial environment.

Responsibilities

• Primarily responsible for trading Middle Distillates across the Americas and will be part of the Global Middle Distillates desk.
• Work closely with both local and global teams to formulate and execute trading strategies for the products under your responsibility.
• Grow and manage the Americas Middle Distillate business, contributing to the Global Middle Distillates trading group and broader group targets through added-value and integrative activities.
• Manage a portfolio/trading book and take accountability for P&L of defined area.
• Trade physical and financial products typically for a single commodity/ geographic region.
• Maintain the overview of the risk position for the relevant book and coordinate with mid-office to resolve any issues.
• Take full accountability for the profitability of a deal throughout the life of the deal.
• Improve and optimize existing supply flows and devise or implement new value propositions.
• Gather and share valuable market and competitive intelligence across product groups and locations.
• Work closely with the internal regional stakeholders on supply and sourcing strategies.
• Manage the details of complex price exposure correctly and skilfully.
• Drive Short-/Medium-Term Business Development (BD) Agenda, working alongside the business development/origination teams.

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, and 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, and personal learning expenses
• some roles are eligible for discretionary long-term incentives

What This Job Offers

• Job Type: Full-time
• Career Level: Senior