Trader

Equinor ASA; Stavanger; On-site; NOK 700,000 - 1,200,000; Full time

Job summary

Equinor ASA is seeking Traders to join its Stavanger trading desk, focusing on physical and derivatives trading in the oil and gas sector. Successful candidates will engage in trading activities, develop strategies, and collaborate with other teams globally. This role provides an opportunity to advance in the energy market while contributing to a zero-harm culture.

Benefits

Comprehensive benefits package

Flexible work arrangements

Career development opportunities

Qualifications

• Bachelor’s or master’s degree, relevant experience can compensate.
• Experience in trading, operations, analysis, or risk is advantageous.
• Good knowledge of oil trading instruments and commercial negotiations.

Responsibilities

• Participate in physical and derivatives trading.
• Develop and implement trading strategies.
• Interact with other trading desks and financial institutions.

Skills

Risk management

Commercial attitude

Networking

Education

Bachelor’s or master’s degree in relevant field

Tools

Trade capture/monitoring systems

Job description

Equinor’s purpose is to turn natural resources into energy for people and progress for society. Within our corporate strategy - Always Safe, High Value and Low Carbon – we are building a broad energy company with activity spanning oil and gas, renewable energy and low carbon solutions.

One of four core business areas in the company, the Marketing Midstream and Processing (MMP) organization is responsible for providing flow assurance to Equinor’s equity production, maximizing the value creation from this equity and Equinor’s mid and downstream assets and using this asset base to create significant value through commodity trading. Based on a strong track record Equinor has a strategically anchored an ambitious growth plan for its commodity trading business, building out both physical and financial trading.

Trading is organized into two units Crude Products and Liquids (“CPL”) and Gas and Power (G&P). CPL is responsible for crude, condensates and all liquid product across the barrel from LPG to Residue. Within the CPL organization we are currently looking to make selective hires into a number of key roles to deliver on our growth plans, including that of Traders (varied seniority depending on candidate experience) and Trade desk analysts, supporting the global crude, products and gas liquids trading teams. Equinor’s liquids trading teams operates on a global basis with offices in Houston, Stamford, London, Stavanger and Singapore, handling close to 2mn barrels per day of physical crude oil (equity and 3rd party), 0,5mn bbls of products and 10 mill mt/yr of natural gas liquids (NGLs). The same trading desks also have material derivatives trading activity.

The successful candidates will join a Stavanger trading desk, where the role will work with the rest of the trading desk in Stavanger, but will also work closely with traders in the other locations. The role will predominantly be linked to physical and or derivative trading.

What will my tasks be?

Within this position, your key tasks will be to:

Be involved in both physical – and derivatives trading within our global trading activity.

Contribute to develop- and implement trading strategies.

View based position taking, both in physical and derivatives.

Closely interact with other Equinor trading desks, origination, market analysis, operation, shipping, refineries and risk.

Provide external orientation towards financial institutions, Oil companies, refineries, trading houses and brokers.

Take an active role in driving and implementing new digital systems in our trading business.

A career as a trader in Equinor will provide an unrivalled opportunity to build expertise and experience in the oil products markets, working with and learning from some of the best individuals and teams in the business.

Task and responsibility may vary dependent on the candidate's skills within physical oil trading and financial trading.

Here's what we expect from you:

At Equinor, there are some overall qualities we regard as essential. We want you to identify with the values that guide our decisions and help us succeed and grow: open, collaborative, courageous and caring. We expect you to make safety your priority and to contribute to our zero-harm culture.

And for this specific position, we are also looking for:

Bachelor’s or master’s degree in relevant field (e.g. chemical engineering, finance, math, etc.) Relevant experience may compensate for formal qualifications.

Experience from trading, operations, analysis, risk and/or other relevant qualifications would be an advantage.

Commercial attitude, within depth knowledge of price exposure, risk profile and risk/reward balance, oil trading instruments, and experience from commercial negotiations.

Good knowledge and experience from risk management and use of trade capture/monitoring systems.

Ability to establish trading and marketing contacts in the industry through networking, preferably with an existing network in place.

Demonstrated solid performance record and strong work ethics.

Must be based in Stavanger or willing to relocate.

Please note that interviews for these positions will take place in late September.

What can we offer you?

We want you to have a rewarding and fulfilling work life. That’s why we offer

Not just a job - a career

In Equinor, your development begins on day one. You will build your competence through a wide range of learning activities while being empowered to build your career across multiple disciplines and geographies. Our internal job market allows a wide range of opportunities for development and growth within your own field, or even in other areas you find interesting and relevant.

Attractive rewards

We give you a comprehensive benefits package with a competitive salary, global parental leave, bonus scheme and pension plan.

Wellness and work-life balance

We care about and prioritise our employees’ well-being. We know that for you to be the best version of yourself in the workplace, being able to collect your children, attend a class or simply enjoy social time can be invaluable. That’s why we encourage you to make use of our flexible work arrangements wherever possible.

An inclusive culture

We believe embracing our differences makes us stronger. For us, true inclusion means being able to bring your whole self to work, and for you and everyone else to feel accepted and valued.

Equal opportunities for everyone

Equinor is an equal-opportunity employer.We make all employment decisions, which include hiring, promotion, transfer, demotion, termination, and training, without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, parental status, veteran status, or any other protected status.

As part of this commitment, reasonable adjustments will be made during the recruitment process for candidates with disabilities or long-term health conditions. If you have any specific requirements, please clarify this in your application and our team will be in contact to see how we can support your needs.

Important notes about the application process

We expect you to openly offer all relevant information about yourself during the recruitment process. Background checks are performed on all final candidates, and all permanent and temporary hires will be screened using relevant sanctions lists to ensure compliance with sanctions laws. When applying for a job in Norway you will be asked for information on affiliation to high-risk countries for a security assessment.

Beta

Markedsanalyse

Risikoanalyse

Risikostyring

Equinor is an international energy company headquartered in Norway, energising the lives of 170 million people worldwide. Our ambition is to be a leading company in the energy transition and achieve net zero by 2050. Our task is enormous: supplying the world with the energy it needs, while lowering emissions to the atmosphere. To achieve it, we are looking for like-minded people to join our team of 22,000 colleagues working in nearly 30 countries. We’re up for the challenge. Are you?