Physical Oil & Refined Products Trader

Houston Dose; Houston (TX); On-site; USD 180,000 - 320,000; Full time

Job summary

Houston Dose is seeking a senior Oil & Refined Products Trader to lead physical trading activities across crude oil, gasoline, diesel, jet fuel, naphtha and related products. You will originate deals, structure transactions and manage positions, risk and counterparty relationships in North American and international markets.

The role requires a proven P&L track record, deep understanding of pricing, logistics, storage and risk management, plus the ability to grow trading books and commercial

Qualifications

• Extensive experience in physical crude oil or refined products trading, ideally gained within a commodity trading house, oil major, refiner or integrated energy business.
• Demonstrable track record of generating trading P&L and managing profitable trading books.
• Established commercial relationships across the physical oil and refined products markets.
• Strong understanding of commodity pricing, market fundamentals, physical logistics, storage and risk management.
• Experience originating and executing transactions within North American markets, with international trading exposure advantageous.
• Commercially driven and entrepreneurial, with the ability to identify and develop new business independently.
• Previous experience developing new trading books, expanding product coverage or building trading teams would be advantageous.

Responsibilities

• Originate, structure and execute physical trading transactions across crude oil, gasoline, diesel, jet fuel, naphtha and other refined petroleum products.
• Develop and maintain strong commercial relationships with refiners, producers, trading houses, distributors and other industry counterparties.
• Identify new trading opportunities, expand existing commercial flows and develop profitable trading strategies.
• Manage physical trading positions, pricing exposure, inventory, credit risk and counterparty relationships.
• Optimise trading opportunities across regional and international markets, including arbitrage, blending, storage and logistics.
• Work closely with shipping, scheduling, operations, finance and risk management teams to ensure efficient execution of physical transactions.
• Utilise relevant futures, swaps and options instruments to hedge physical positions and manage market exposure.
• Contribute to the development and expansion of trading activities across North America and international markets.

Job description

Physical Oil & Refined Products Trading

We are interested in speaking with experienced Oil & Refined Products Traders for a senior opportunity within established commodity trading business.

The focus is on commercially driven individuals with a proven track record in physical oil and refined products trading, strong industry relationships and the ability to develop and manage profitable trading books across North American and international markets.

Key Responsibilities

• Originate, structure and execute physical trading transactions across crude oil, gasoline, diesel, jet fuel, naphtha and other refined petroleum products.
• Develop and maintain strong commercial relationships with refiners, producers, trading houses, distributors and other industry counterparties.
• Identify new trading opportunities, expand existing commercial flows and develop profitable trading strategies.
• Manage physical trading positions, pricing exposure, inventory, credit risk and counterparty relationships.
• Optimise trading opportunities across regional and international markets, including arbitrage, blending, storage and logistics.
• Work closely with shipping, scheduling, operations, finance and risk management teams to ensure efficient execution of physical transactions.
• Utilise relevant futures, swaps and options instruments to hedge physical positions and manage market exposure.
• Contribute to the development and expansion of trading activities across North America and international markets.

Candidate Requirements

• Extensive experience in physical crude oil or refined products trading, ideally gained within a commodity trading house, oil major, refiner or integrated energy business.
• Demonstrable track record of generating trading P&L and managing profitable trading books.
• Established commercial relationships across the physical oil and refined products markets.
• Strong understanding of commodity pricing, market fundamentals, physical logistics, storage, transportation and risk management.
• Experience originating and executing transactions within North American markets, with international trading exposure advantageous.
• Commercially driven and entrepreneurial, with the ability to identify and develop new business independently.
• Previous experience developing new trading books, expanding product coverage or building trading teams would be advantageous.