Clean Products Trader

Repsol SA; Houston (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

Repsol is seeking a Clean Products Trader to develop and execute trading strategies across middle distillates, including diesel, jet fuel and gasoil. The role involves market analysis, negotiation with counterparties, and risk management to maximize profitability across regional and international markets.

You will work closely with operations, logistics, credit and finance teams, and coordinate with Madrid and Singapore offices to align with strategy.

Qualifications

• Bachelor's degree in business, economics, engineering, finance, or related discipline.
• Minimum 4+ years in physical oil trading or related commercial activities.
• Strong understanding of middle distillates markets and logistics.
• Excellent negotiation and communication abilities.
• Proven ability to perform in fast-paced trading environments.

Responsibilities

• Develop and execute physical trading strategies for middle distillate products.
• Negotiate and execute purchase and sale transactions with suppliers and customers.
• Build and maintain strong commercial relationships with market participants.
• Monitor market fundamentals, pricing dynamics and refinery operations.
• Manage trading exposure within approved risk limits and support hedging strategies.
• Coordinate with operations, logistics and finance to ensure successful execution.

Skills

Bachelor's degree

Physical oil trading

Market analysis

Negotiation

Risk management

Communication

Teamwork

Education

Bachelor's degree

Job description

We explore and discover the limitless possibilities of energy so we can all progress. We believe in the power of talent to shape the future. That’s why we’re looking for curious, bold individuals who are eager to grow and create new ways forward—people who want to join us in building a more sustainable, innovative, and inclusive world. We strongly believe that diversity fuels creativity and innovation. That’s why we welcome professionals who are ready to grow, learn, and bring their perspective to the energy challenges of today and tomorrow. Here, you’ll find a place to grow and unlock your full potential. The Clean Products Trader is responsible for developing and executing trading strategies across middle distillate markets, including diesel, jet fuel, gasoil and related products. The role combines market analysis, commercial relationship management, physical trading execution, risk management and value optimization across regional and international markets. The successful candidate will identify market opportunities, manage trading positions, negotiate transactions with counterparties and collaborate closely with operations, logistics, credit, risk and finance teams to maximize profitability while ensuring compliance with company policies and risk limits. Also has to work closely with the Madrid and Singapore office to impulse the Strategy.

Key Responsibilities

Trading & Commercial Activities

• Develop and execute physical trading strategies for middle distillate products following the business line directions.
• Negotiate and execute purchase and sale transactions with suppliers, customers and trading counterparties.
• Build and maintain strong commercial relationships with market participants and other business units within Repsol Group.
• Monitor market fundamentals, supply-demand balances, refinery operations and pricing dynamics.
• Generate business opportunities consistent with the company's commercial and trading objectives.

Market Analysis

• Conduct fundamental and market analysis to identify trading opportunities.
• Monitor pricing trends, freight markets, refinery economics and competitive activity.
• Develop market views and trading recommendations.
• Maintain awareness of geopolitical, macroeconomic and regulatory developments affecting middle distillates markets.

Risk Management

• Manage trading exposure within approved risk limits.
• Evaluate market, operational and counterparty risks associated with trading activities.
• Support the design and execution of hedging strategies when appropriate.
• Ensure compliance with internal risk management policies and procedures.

Transaction Execution

• Execute the complete trade lifecycle from opportunity identification through deal closure and post-trade monitoring.
• Coordinate with operations, logistics and chartering teams to ensure successful execution of physical transactions.
• Monitor contractual performance and resolve operational issues impacting profitability.

Cross-Functional Collaboration

• Work closely with Operations, Credit, Legal, Finance, Risk Management and Back Office teams.
• Provide market intelligence and commercial input to support business decisions.
• Participate in strategic initiatives aimed at expanding trading activities and market presence.

Required Qualifications

• Bachelor's degree in Business, Economics, Engineering, Finance or related discipline.
• Minimum 4 plus years of experience in physical oil trading, refined products trading or related commercial activities.
• Strong understanding of middle distillates markets, refinery economics and logistics.
• Knowledge of trading contracts, pricing mechanisms and risk management principles.
• Strong analytical and quantitative skills.
• Excellent negotiation and communication abilities.
• Proven ability to perform in fast-paced and highly competitive trading environments.

Preferred Qualifications

• Knowledge in the US domestic market and waterborne market.
• Established industry network among customers, suppliers and market participants.
• International market exposure.
• Knowledge of storage, blending and inventory optimization strategies.
• Familiarity with trading and risk management systems.

Key Competencies

• Market Analysis
• Fundamental Analysis
• Trading Strategy Development
• Commercial Negotiation
• Risk Management
• Physical Trading
• Operations
• Supply Chain & Logistics
• Understanding
• Relationship Management
• Decision Making Under Pressure
• Communication & Teamwork

Results Oriented Performance Indicators

• Trading profitability and value generation.
• Successful execution of physical transactions.
• Quality of risk management and compliance.
• Development of commercial opportunities.
• Accuracy of market analysis and recommendations.
• Contribution to team objectives and strategic initiatives.

Repsol is an Equal Opportunity Employer M/F/Disability/ Veteran #LI-KT1

At Repsol, more than 24,000 people work with full energy to help build the future. We are a global multi-energy company undergoing a profound transformation, where talent, curiosity and a drive to move forward are at the core of who we are. Here, you will find challenging projects, diverse and international teams, and the opportunity to be part of a real energy transition, driven by innovation, technology and people. We believe in an inclusive, flexible and collaborative environment where every idea counts and every person makes a difference. This is an exciting time for us: if you are inspired by challenges, driven by purpose and eager to grow in a project with real impact, this is the place for you. Now more than ever, we need energy like yours.

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