Sr. Crude Med Trader

Exxon Mobil Corporation; Greater London; On-site; GBP 900,000 - 1,300,000; Full time

Benefits offered by this job

Share incentive plan

Private healthcare for employees and 1

Job summary

ExxonMobil Global Trading seeks a seasoned Crude Trader to lead complex European crude trading across the Mediterranean, Black Sea and Europe. You will optimize physical and paper positions, manage risk, and build networks with counterparties to maximize value across routes.

The role demands deep market knowledge, strategic hedging, and a robust track record in delivering profitable strategies in a dynamic, fast-paced environment.

Qualifications

• 10+ years trading experience in crude markets and complex asset management.
• Deep knowledge of European crude customers, logistics and market dynamics.
• Proven track record trading crude in Europe with profitable long/short strategies.

Responsibilities

• Trade Mediterranean, Black Sea and Persian Gulf grades into and across Europe
• Identify, evaluate, and execute tactical trading opportunities for profit while maintaining system balance and adhering to risk limits
• Manage complex trades requiring hedging strategies, ensuring alignment with commercial objectives and risk management frameworks
• Develop and execute profitable trading strategies using market fundamentals and asset optionality, in combination with delivering optimum crude supply to a large refining system
• Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
• Monitor global market trends and communicate insights across the trading organization.
• Identify value opportunities in arbitrage, freight and re-optimisation of existing cargoes and assets.
• Demonstrate expert Trade Money Management practices in setting targets and managing VaR / drawdown
• Ensure accurate documentation of all transactions and contracts throughout the trade life cycle in relevant systems
• Ensure strict compliance with company policies, regulations, and risk controls.
• Build strong relationships with counterparties, refiners, brokers, and customers

Skills

Trading experience

European crude markets

Risk management

Hedging

Analytical skills

Negotiation

Communication

Fast-paced environment

Job description

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At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.

The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.

We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together .

About ExxonMobil Global Trading

ExxonMobil Global Trading is where we trade oil, natural gas, and energy products safely and responsibly around the world. We leverage our expertise in analytics, logistics, origination, and knowledge of energy markets to maximize the value of our global assets and deliver industry-leading results. This is an exciting time to join our growing trading team and be an integral part of ExxonMobil.

What role you will play in our team

ExxonMobil Global Trading is seeking an experienced Crude Trader to join our growing Mediterranean and Black Sea trading team. This role requires a deep understanding of the physical crude trading markets in Europe, with domain knowledge within Mediterranean and Black Sea markets an advantage. The trading portfolio will consist of managing multiple physical and paper positions across crude grades over local and arbitrage trade routes with a focus on building a network of counterparties, high-grading the value on term crude length and shorts while effectively managing risk.

What you will do

• Trade Mediterranean, Black Sea and Persian Gulf grades into and across Europe
  Identify, evaluate, and execute tactical trading opportunities for profit while maintaining system balance and adhering to risk limits
• Manage complex trades requiring hedging strategies, ensuring alignment with commercial objectives and risk management frameworks
• Develop and execute profitable trading strategies using market fundamentals and asset optionality, in combination with delivering optimum crude supply to a large refining system
• Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
• Monitor global market trends and communicate insights across the trading organization.
• Identify value opportunities in arbitrage, freight and re-optimisation of existing cargoes and assets.
• Demonstrate expert Trade Money Management practices in setting targets and managing VaR / drawdown
• Ensure accurate documentation of all transactions and contracts throughout the trade life cycle in relevant systems
• Ensure strict compliance with company policies, regulations, and risk controls.
• Build strong relationships with counterparties, refiners, brokers, and customers

About you

• 10+ years trading experience
• Deep knowledge of European crude customers, logistics, and market dynamics
• Proven success trading crude in Europe with the ability to develop system of long and short assets into a profitable trading strategy
• Strong risk management, including experience hedging physical exposures
• Deep understanding of supply/demand fundamentals, trade flows, and arbitrage economics.
• Strong analytical, negotiation, and communication skills.
• Deep understanding of commodity risk management practices, including hedging, exposure management, VAR concepts, and derivatives market mechanics.
• Ability to perform in a fast-paced, dynamic market environment.

An ExxonMobil career is one designated to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life.

We offer you:

• Share incentive plan
• Private healthcare for employees and their families

Please note benefits may be changed from time to time without notice, subject to applicable law.

Conditions of Employment
Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.

Equal Employment Opportunity Policy
ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.

Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.

Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.

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