Oil & Commodities Trading Manager

CITGO; Houston (TX); On-site; USD 180,000 - 280,000; Full time

Benefits offered by this job

Remote work options for eligible roles

Annual vacation incentive

Company-paid holidays

Medical, dental, & vision plans

Job summary

CITGO Petroleum Corporation is seeking a Manager Trading to lead a team focused on physical and financial trading of crude oils, feedstocks, and refined products. You will drive strategies, optimize assets, and lead critical negotiations with stakeholders across Supply Chain, Economics & Planning, Refining, and Compliance.

The role requires deep market knowledge, strong risk controls, and the ability to guide mid-term positions while delivering reliable supply and profit targets.

Qualifications

• Bachelor’s degree and 10 years of job-related experience or Master’s degree and 8 years of job-related experience.
• Degree in Chemical Engineering, Economics, Business, Finance, or a related field preferred.
• Extensive experience in physical hydrocarbon marketing, supply, or trading, including inventory management, hedging, position taking, and logistics.
• Demonstrated understanding of regional and global markets, arbitrage economics, refinery operations, derivatives, market exposure, and risk management.
• Demonstrated ability to lead employees, establish accountability, coach performance, develop talent, and manage competing priorities.
• Strong commercial negotiation, analytical, problem-solving, decision-making, and communication skills.
• Ability to operate effectively in a fast-paced, high-pressure, and highly regulated trading environment.

Responsibilities

• Leads the development and execution of physical and financial trading strategies that support system optimization, supply reliability, risk objectives, and profitability targets.
• Trades physical and financial commodities in pursuit of system optimization and trading for profit.
• Oversees commodity positions, exposure, hedging activity, and execution discipline across assigned books or markets.
• Uses futures, swaps, options, and other approved instruments to manage market risk and support commercial strategies.
• Monitors market fundamentals, arbitrage economics, logistics constraints, refinery economics, and competitive activity to identify and act on opportunities.
• Ensures trading activity is accurately captured and managed within approved systems, authorities, and controls.

Skills

Leadership

Negotiation

Analytical

Risk management

Education

Bachelor's degree

Master's degree

Chemical Engineering

Job description

CITGO Petroleum Corporation is seeking a Manager Trading to lead a team focused on physical and financial trading of crude oils, feedstocks, and refined products. You will drive strategies, optimize assets, and lead critical negotiations with stakeholders across Supply Chain, Economics & Planning, Refining, and Compliance.

The role requires deep market knowledge, strong risk controls, and the ability to guide mid-term positions while delivering reliable supply and profit targets.