Naphtha Trader- Musket Europe

Musket Corp.; Genf; On-site; CHF 120,000 - 180,000; Full time

Job summary

Musket Europe, SARL in Geneva, Switzerland is seeking a Naphtha Trader to leverage the firm’s U.S. naphtha platform and expand a European and Asian footprint.

The role focuses on executing physical arbitrage and optimizing trading economics across vessels, storage, pipelines and paper markets. The ideal candidate has 5+ years in commodity trading with deep knowledge of European, US and Asia light product markets, strong price risk management, and understanding of the physical fuel supply chain

Qualifications

• 5+ years of experience in commodity trading.
• Deep knowledge of European markets.
• Deep knowledge of US, European, and Asia lights product markets.
• High level of price risk management expertise.
• Understanding of physical international fuel supply chain.
• Understand shipping and cartage for delivery to end users.

Responsibilities

• Leverage Musket's existing U.S. supply, infrastructure and trading relationships.
• Establish European and Asian counterparties and end-user relationships.
• Identify opportunities to move barrels between regions.
• Develop US/Europe/Asia arbitrage.
• Optimize vessel economics, freight, storage, terminals, pipelines and blending.
• Identify opportunities created by logistics and infrastructure constraints.
• Use derivatives, spreads, cracks and paper markets to optimize physical trade.
• Develop proprietary positions around fundamental market views.
• Follow refinery runs, crackers, LPG/naphtha substitution, exports/imports, inventories and freight.
• Expand Musket's global footprint and build a scalable physical and financial naphtha franchise.

Skills

Commodity trading

European markets

US markets

Asia markets

Price risk management

Physical supply chain

Shipping logistics

Job description

BASIC PURPOSE: Musket Europe, SARL is seeking a Naphtha Trader. The position is based in Geneva, Switzerlandand will leverage Musket’s existing U.S. naphtha platform to develop physical and financial trading opportunities across Europe and Asia. Execute physical arbitrage and optimize trading economics through paper markets, freight, vessels, storage, terminals and pipelines. Use deep supply-and-demand expertise and European naphtha balances to identify market dislocations, develop differentiated views and capture trading opportunities. Build new flows, relationships and infrastructure opportunities to expand Musket’s global naphtha footprint.

Major Responsibilities

• Leverage Musket's existing U.S. supply, infrastructure and trading relationships.
• Establish European and Asian counterparties and end-user relationships.
• Identify opportunities to move barrels between regions.
• Develop US/Europe/Asia arbitrage.
• Optimize vessel economics, freight, storage, terminals, pipelines and blending.
• Identify opportunities created by logistics and infrastructure constraints.
• Use derivatives, spreads, cracks and paper markets to optimize physical trade.
• Develop proprietary positions around fundamental market views.
• Manage optionality embedded in physical contracts.
• Develop European and global naphtha supply/demand balances.
• Follow refinery runs, crackers, LPG/naphtha substitution, exports/imports, inventories and freight.
• Identify structural dislocations before they become obvious to the market.
• Not just trade existing flows, but create new flows, counterparties, contracts and infrastructure opportunities.
• Expand Musket's global footprint and ultimately build a scalable physical and financial naphtha franchise.

Qualifications And Experience

• 5 + years of experience in commodity trading.
• Deep knowledge in European markets
• Deep knowledge of US, European, and Asia lights product markets.
• High level of price risk management expertise.
• Understanding of physical international fuel supply chain.
• Understand shipping and cartage for delivery to end users.

Our Culture

Fueling customers' journeys since 1964, innovation leads the way for this family-owned and operated business headquartered in Oklahoma City. With nearly 40,000 team members, travel stops are the core business along with products and services that provide value for professional drivers, fleets, traveling public, RVers, alternative energy and wholesale fuel customers. Giving back to communities and an inclusive workplace are hallmarks of the award-winning culture.

Love's is an Equal Opportunity Employer. Veterans encouraged to apply.