Distillate Trader - NYH Market Specialist

Exxon Mobil; Spring (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

ExxonMobil Global Trading is seeking an experienced Distillate Trader to join our growing team. This role requires a deep understanding of the NYH market and involves managing NYH physical and paper positions, building a network of customers, and optimizing tank utilization.

You will work with Operations and Scheduling to manage risk, stay ahead of market trends, and identify value opportunities in blending, storage, arbitrage and freight.

Qualifications

• 5+ years trading experience.
• Deep knowledge of NYH customers, logistics, and market dynamics.
• Ability to develop shorts and manage a terminal position with pipeline/dock connectivity.
• Strong risk management, including experience hedging physical exposures.
• Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.).
• 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.

Responsibilities

• Trade ULSD, Jet, Heating Oil, and other distillates across physical and/or paper markets.
• Develop and execute profitable trading strategies using market fundamentals and asset optionality.
• 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 blending, storage, arbitrage, and freight.
• Ensure strict compliance with company policies, regulations, and risk controls.
• Build strong relationships with counterparties, refiners, brokers, and customers.

Skills

Trading experience

NYH market knowledge

Risk management

Distillates trading

Market analysis

Negotiation & communication

Commodity risk management

Job description

ExxonMobil Global Trading is seeking an experienced Distillate Trader to join our growing team. This role requires a deep understanding of the NYH market and involves managing NYH physical and paper positions, building a network of customers, and optimizing tank utilization.

You will work with Operations and Scheduling to manage risk, stay ahead of market trends, and identify value opportunities in blending, storage, arbitrage and freight.