Trading Analyst

Oman Shell; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading energy firm in London seeks an Analyst to support trading strategies on the Naphtha Trading Desk. The position involves market analysis, deal structuring, and stakeholder engagement. A degree in engineering, economics, or business is required, alongside strong analytical skills and a commercial mindset. This role offers mentorship opportunities in a collaborative environment, making it ideal for innovative thinkers in the energy sector.

Benefits

Mentorship from experienced traders

Pathway into trading roles

Collaborative team culture

Qualifications

• Strong analytical and numerical skills with attention to detail.
• Excellent communication and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Support senior traders in executing trade ideas.
• Monitor market developments and contribute to decision-making.
• Collaborate with product optimisers for efficient supply chain performance.

Skills

Analytical skills

Commercial mindset

Communication skills

Numerical skills

Proficiency in Excel

Education

Degree in Engineering, Economics, or Business

Tools

Trading systems (e.g., FED/DEX/Endur)

Job description

As an Analyst on the Shell Naphtha Trading Desk, you will directly support the execution and optimisation of Shell’s European chemical feedstocks trading strategy. Operating across a complex and dynamic supply chain—including refineries, crackers, terminals, pipelines, and third-party partners—you will be empowered to make commercial decisions under the guidance of the senior traders that deliver value and manage risk. While collaboration remains important, this role prioritises self-direction and entrepreneurial thinking.

Key Responsibilities

Trading Support & Execution

• Support senior traders in developing and executing physical and paper trade ideas across the European naphtha portfolio.
• Monitor market developments and contribute to timely, informed decision-making.
• Assist in the negotiation of spot and term physical deals with third parties and brokers.
• Maintain accurate trading documentation and ensure timely deal capture in trading systems.

Asset Performance

• Collaborate with product optimisers to help ensure efficient supply chain performance across five refineries, two steam crackers, two blending terminals, pipelines, and third-party contracts.
• Contribute to the maintenance and development of the Naphtha Make-Buy-Blend (MBB) model, supporting feasibility assessments and margin optimisation through volumetric, timing, grade, and blending strategies.

Commercial Analysis

• Conduct market, pricing, and margin analysis to support both short-term and long-term trading strategies.
• Maintain and update the regional Supply/Demand model, working closely with analytics teams in the US and East to inform European strategy.
• Evaluate netback economics and arbitrage opportunities across Shell and third-party assets.
• Track and report exposure and P&L movements to support risk and performance visibility.

Deal Structuring & Negotiation

• Assist in structuring spot and term deals with third parties.
• Liaise with legal and contracts teams to ensure compliance and commercial alignment.
• Participate in internal reviews and due diligence for new trading opportunities.

Stakeholder Engagement

• Act as a key point of contact for internal stakeholders across Manufacturing, Chemicals, and Supply.
• Coordinate with operations, scheduling, and logistics teams to support smooth trade execution.
• Help maintain relationships with external counterparties, brokers, and logistics providers.
• Collaborate with freight, gasoline, paper, and crude trading teams to support cross-barrel optimisation.

Compliance & Risk

• Ensure all activities comply with Shell’s HSSE and regulatory standards.
• Support risk management processes including hedge execution and exposure reporting.

Requirements

• A degree in Engineering, Economics, Business, or a related field.
• Strong analytical and numerical skills with attention to detail.
• A commercial mindset and genuine interest in commodity markets.
• Excellent communication and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency in Excel; experience with trading systems (e.g., FED/DEX/Endur) is a plus.
• Willingness to travel within Europe occasionally.
• Previous experience in Trading Operations (T&S) and/or Refinery Processing (Manufacturing) is advantageous.

What We Offer

• A front-row seat to Shell’s high-value trading environment, with exposure to real-time commercial decision-making.
• Mentorship and development from experienced traders and commercial leaders.
• A clear and supported pathway into trading or optimisation roles for those who demonstrate strong performance, initiative, and commercial acumen.
• A collaborative and inclusive team culture that values learning, curiosity, and growth.

-

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

, United Kingdom

Job Family Group:

Trading Jobs

Worker Type:

Regular

Posting Start Date:

July 28, 2025

Business unit:

Experience Level:

Experienced Professionals

Job Description:

As an Analyst on the Shell Naphtha Trading Desk, you will directly support the execution and optimisation of Shell’s European chemical feedstocks trading strategy. Operating across a complex and dynamic supply chain—including refineries, crackers, terminals, pipelines, and third-party partners—you will be empowered to make commercial decisions under the guidance of the senior traders that deliver value and manage risk. While collaboration remains important, this role prioritises self-direction and entrepreneurial thinking.

Key Responsibilities

Trading Support & Execution

• Support senior traders in developing and executing physical and paper trade ideas across the European naphtha portfolio.
• Monitor market developments and contribute to timely, informed decision-making.
• Assist in the negotiation of spot and term physical deals with third parties and brokers.
• Maintain accurate trading documentation and ensure timely deal capture in trading systems.

Asset Performance

• Collaborate with product optimisers to help ensure efficient supply chain performance across five refineries, two steam crackers, two blending terminals, pipelines, and third-party contracts.
• Contribute to the maintenance and development of the Naphtha Make-Buy-Blend (MBB) model, supporting feasibility assessments and margin optimisation through volumetric, timing, grade, and blending strategies.

Commercial Analysis

• Conduct market, pricing, and margin analysis to support both short-term and long-term trading strategies.
• Maintain and update the regional Supply/Demand model, working closely with analytics teams in the US and East to inform European strategy.
• Evaluate netback economics and arbitrage opportunities across Shell and third-party assets.
• Track and report exposure and P&L movements to support risk and performance visibility.

Deal Structuring & Negotiation

• Assist in structuring spot and term deals with third parties.
• Liaise with legal and contracts teams to ensure compliance and commercial alignment.
• Participate in internal reviews and due diligence for new trading opportunities.

Stakeholder Engagement

• Act as a key point of contact for internal stakeholders across Manufacturing, Chemicals, and Supply.
• Coordinate with operations, scheduling, and logistics teams to support smooth trade execution.
• Help maintain relationships with external counterparties, brokers, and logistics providers.
• Collaborate with freight, gasoline, paper, and crude trading teams to support cross-barrel optimisation.

Compliance & Risk

• Ensure all activities comply with Shell’s HSSE and regulatory standards.
• Support risk management processes including hedge execution and exposure reporting.

Requirements

• A degree in Engineering, Economics, Business, or a related field.
• Strong analytical and numerical skills with attention to detail.
• A commercial mindset and genuine interest in commodity markets.
• Excellent communication and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency in Excel; experience with trading systems (e.g., FED/DEX/Endur) is a plus.
• Willingness to travel within Europe occasionally.
• Previous experience in Trading Operations (T&S) and/or Refinery Processing (Manufacturing) is advantageous.

What We Offer

• A front-row seat to Shell’s high-value trading environment, with exposure to real-time commercial decision-making.
• Mentorship and development from experienced traders and commercial leaders.
• A clear and supported pathway into trading or optimisation roles for those who demonstrate strong performance, initiative, and commercial acumen.
• A collaborative and inclusive team culture that values learning, curiosity, and growth.

-

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

According to the United Nations, the global population could increase to more than 10 billion people. A key role for society – and for Shell – is to find ways to meet the growing demand for energy, with less carbon emissions. We need people who dare to think differently – to take part in developing tomorrow’s energy solutions today.