Trader

Sunoco LP; Newtown Square (Delaware County); On-site; USD 100,000 - 170,000; Full time

Job summary

Sunoco LP is seeking an experienced energy trader to manage physical and financial positions across domestic markets, including gasoline, diesel, and renewable fuels. You will develop strategies, optimize supply for the retail network, and manage risk through hedging and market analysis.

The role requires 2–5 years in energy trading with strong negotiating and leadership capabilities, and familiarity with global refined products markets.

Qualifications

• 2–5 years in energy industry with at least 2 years trading experience in domestic physical clean products markets.
• Trader II level requires 5+ years in energy with at least 2 years trading experience in domestic physical clean products markets.
• Understanding of global refined products business including supply, trading, logistics and operations.

Responsibilities

• Physical trading activity (spot and term) to optimize system supply and trading profits.
• Develop trading strategies, manage positions for profit, hedge, and assess risk.
• Optimize retail system supply and book trading P&L.
• Collaborate with commercial ops to manage inventories and relationships with third parties.
• Identify trading opportunities and embed optionality to reduce exposure.
• Negotiate contracts short and long-term; build internal/external relationships.
• Contribute to setting the strategic plan for the supply & trading team.

Skills

Trading experience

Analytical skills

Negotiation skills

Leadership

Communication skills

Education

Bachelor’s degree in Finance/Business/Engineering or related discipline

Tools

Right Angle

Job description

Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe. The Partnership’s midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 160 terminals. This critical infrastructure complements the Partnership’s fuel distribution operations, which distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers.

At Sunoco, we take great pride in what we do and wholeheartedly believe our employees drive success for our company and our customers. We are always looking for the best and brightest talent and we are committed to making your job a challenging and rewarding experience.

Job Summary

Trades in both physical clean products and financial commodities in the domestic and international trading markets. Physical products include gasoline, diesel, jet, heating oil, renewable fuels and RINS.

Essential Duties And Responsibilities

• Physical trading activity, both spot and term, is in pursuit of both optimal system supply and trading profits.
• Develops trading strategies, initiates and manages physical and financial positions for profit, focuses on supply portfolio, manages price exposure for system and trading positions and proposes relevant risk management and hedging strategies.
• Accountable for optimization of supply for retail system requirements and for book trading positions profit/loss.
• Collaborates with commercial operations to manage physical inventories consistent with supply requirements and financial market structure. Represents the company externally and requires an extensive network of 3rd party contacts.
• Seeks out and identifies trading opportunities. Embeds optionality to reduce exposure in trading positions and trade books, interprets financial information, integrates information from a variety of sources, detects trends, associations, and cause/effect outcomes.
• Negotiates contracts both short and long-term. Builds relationships, manages third parties and internal relationships, develops contacts and gathers relevant market information.
• Participates in setting strategic plan for supply & trading team and provides leadership role to other commercial functions.

Required Skills

• Bachelor’s degree in Finance/Business/Engineering or other related discipline
• Prior trading experience in financial markets (futures, swaps, options, etc.)
• Overall understanding of the global refined products business including supply, trading, logistics and operations
• Excellent analytical, communication, and interpersonal skills
• Proven negotiation skills
• Demonstrated leadership capability

Requirements

• Trader level requires a minimum of 2-5 years experience in energy industry with at least 2 years prior trading experience in domestic physical clean products markets.
• Trader II level requires a minimum of 5 years experience in energy industry with at least 2 years prior trading experience in domestic physical clean products markets.

Preferred Skills

• Experience using Right Angle
• Gasoline blending experience
• Physical product and component trading experience in U.S. hub markets (USGC, NYH, CHI)
• Understanding of refined products logistics assets in the U.S. (pipelines/terminals)
• Experience in commercial operations such as marine and pipeline movements