Sr Trader

Delek US; Houston (TX); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

401K match

Medical benefits

Calm app access

Annual incentives

Performance bonus

Job summary

Delek US Holdings is seeking a high-caliber trader to optimize refinery and pipeline assets, manage price risk, and support strategic growth. The role emphasizes risk management, cross-functional collaboration, and improving trading and asset performance across North American infrastructure.

A strong background in hedging, logistics, and energy markets is essential. You'll work in a fast-paced environment with performance incentives and a focus on growth, profitability, and cross-team

Qualifications

• Bachelor's degree required.
• 2+ years experience hedging price risk exposure.
• 4+ years experience in a related field.
• No licensure or certification required.

Responsibilities

• Optimize refineries and pipeline assets through buying/selling crude oil or refined products.
• Assess and manage price risk to protect asset value and profitability.
• Collaborate with Schedulers for timely and cost-effective delivery of products/crude.
• Mentor junior commercial members or less experienced Traders.
• Develop and maintain relationships with energy suppliers and brokers.
• Identify and implement improvements in trading and asset management processes.

Skills

Hedging price risk exposure

Logistics knowledge

Energy market understanding

Analytical mindset

Education

Bachelor's Degree

Job description

Are you looking for a career in a dynamic and innovative company that values versatility, growth, and teamwork? Look no further than Delek US Holdings!

WHAT IS DELEK? WHAT DO WE DO?

We are a boutique-sized diversified downstream energy company with a range of assets, including petroleum refining and logistics.

• Our refineries in Texas, Arkansas, and Louisiana have a combined crude capacity of 302,000 barrels per day
• Our logistics business currently owns and operates 720 miles of crude and product pipelines, a 600-mile crude oil gathering system, and storage tanks and terminals.

Delek Benefits

We offer fantastic benefits that include up to a 10% match on 401K on your hire start, with a vesting timeline of only one year, along with medical benefits that start on day onewith a 30% premium rebate annually! We value your well-being and all employees now have access to the Calm app for FREE, which is used for meditation, stress management, and better sleep. Through our performance management program, you can earn additional annual incentives as you set and achieve goals. Our pay for performance culture motivates our employees to improve Delek’s year-over-year company, business unit, and individual results. With some of the highest bonus payouts in recent years, we know that our success is due to our talented and dedicated team. We are looking for individuals like you to help us continue this momentum and bring new ideas to the table. At Delek, you will have the opportunity to make an impact and grow your career in a supportive and innovative environment.

Job Summary

Plays a key role in optimizing Delek’s refineries and pipeline assets through the buying and/or selling of physical and financial crude oil or refined products. This role will also possess a foundational understanding of the crude oil market, basic hedging strategies, logistics operations, and process improvement methodologies to ensure the organization can achieve their strategic financial objectives. By effectively assessing risk and utilizing market data information to contribute to financial growth.

Education And Experience

• 4 year / Bachelor's Degree (Required)
• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
• Two (2) or more years Experience in hedging price risk exposure (Required)
• Four (4) or more years Experience in a related field (Required)
• No Licensure or Certification Required.

Job Requirements

• Extensive knowledge of logistics and crude oil or finished products infrastructure in North America.
• Responsible for optimization of Delek’s refineries and pipeline assets through the buying and/or selling of physical and financial crude oil or refined products
• Generates ideas for key assets to increase profitability and give flexibility to Delek’s overall position
• Assesses and manages price risk exposure to protect the value of Delek’s assets and optimize profitability
• Collaborates with Schedulers to ensure timely and cost-effective delivery of appropriate products and/or crude shipments
• Manages and analyzes market fundamentals for [crude or finished products], including supply-demand dynamics and geopolitical factors
• Pulls and understands ETRM exposure & profitability reports
• Negotiates contracts for buying and/or selling of products/crude supply within limits of authority
• Responsible for Risk Management; manages and mitigates pricing risk
• Develops and maintains relationships with energy suppliers and brokers
• Reviews competitive intelligence for all regions and reports recommendations to leaders
• Evaluates and determines the economics of available products and/or crudes
• Collaborates with other commercial teams to enhance Delek’s point of view and trading strategies, contributing to broader company goals and initiatives
• Identifies and implements improvements in Delek’s commercial processes, striving to enhance efficiency and effectiveness in trading and asset management
• Serves as a Mentor to Junior commercial members or less experienced Traders
• Performs other duties as assigned
• Applies extensive knowledge of logistics and key infrastructure in [PADD 2 and/or PADD 3 – based on region] to ensure effective trading decisions and alignment with operational needs
• Ensures refineries’ supply requirements are met on a timely basis
• Identifies and manages supply and trading issues impacting profit optimization at refineries
• For trading Products: applies foundational understanding of commodity functions: risk, logistics, scheduling, comfortable taking positions and managing arbitrage opportunities and related risks, & applies knowledge to execute product trading strategies
• Must have thorough understanding of buying/selling physical commodities, energy market knowledge, hedging strategies, financial trading, price risk exposure, and ETRM systems and reporting
• While this job description aims to provide a comprehensive overview of the role, it may not detail every task or responsibility required.

CORE COMPETENCIES

Change Agility (level 2 Supporting)

Identifies, initiates, and adapts to organizational changes that foster enhanced effectiveness, efficiency, safety, and ultimately business results.

Collaboration (level 2 Supporting)

Sees connection points across the organization and partners effectively with others to achieve common goals.

Decision Making (level 2 Supporting)

Selects a course of action to reduce risk and uncertainty and create optimal outcomes.

Drive For Results (level 2 Supporting)

Drives to achieve challenging performance objectives.

Team Building (level 2 Supporting)

Builds trust, fosters openness, and provides support. As the manager of a team, selects and motivates a strong team.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or national origin, disability status, protected veteran status, or any other characteristic protected by law. Equal Opportunity Employer/Disabled/Veterans.