Trader - Biodiesel

Global Partners LP; Waltham (MA); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive Salaries

Medical Insurance

Dental Insurance

Vision Insurance

401k with Match

Tuition Reimbursement

Paid Volunteer Time-Off

Job summary

An established industry player is seeking a Trader for Biodiesel to join their dynamic Supply & Distribution Team. This role offers a unique opportunity to lead and grow a profitable trading business while engaging in commercial analysis for new trading assets. The ideal candidate will possess a strong background in the petroleum industry, with proven trading experience and established contacts. This innovative firm emphasizes professional development and community support, making it an exciting place for passionate individuals to thrive and contribute to the future of energy. Join a team that values diverse perspectives and fosters a culture of growth and collaboration.

Qualifications

• 5+ years experience in clean product supply and trading required.
• Strong interpersonal skills and ability to work collaboratively.

Responsibilities

• Manage profitability of biodiesel and renewable diesel business.
• Prepare and present risk/return reports on trading opportunities.
• Support Supply on acquisitions and larger projects.

Skills

Trading Experience

Leadership Skills

Communication Skills

Organizational Skills

Negotiation Skills

Attention to Detail

Time Management

Education

Bachelor’s degree in business

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Tools

Microsoft Excel

Job description

We’re hiring a Trader, Biodiesel. As a key member of the Supply & Distribution Team, this role will allow the correct individual to grow a profitable trading business for Global in Biodiesel. The role will also include commercial analysis for new trading/supply assets, in both terms of new businesses and M&A opportunities. Ideal candidate will:

• Have a proven track record of profitability with the petroleum industry as an experienced trader.
• Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done.
• Understand basis of trading, locational and structural arbitrage and how to take advantage of it in both paper and physical markets.
• Strong knowledge of rail logistics and current government policies as it relates to the product.
• Have established trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers.

For over 90 years Global Partners LP has been delivering the energy our communities need to grow, move, and thrive. From Alltown Fresh, with its innovative chef-led creations and guest-focused retail experience, to our vast network of over 50 liquid energy terminals across the eastern seaboard and beyond, Global Partner’s integrated network of businesses delivers value day-in and day-out to our guests and customers across the US. At Global Partners we embrace the future, investing in the energy transition with initiatives like GlobalGLO and supporting the communities in which we operate with our charitable work.

We’re excited for the next 90 years at Global Partners and what innovative new ideas we can bring to our guests and customers in the future. We’re looking for passionate people with great ideas to contribute to our company’s future. If you’re motivated by what’s next, Global Partners can provide you the opportunities to push your career to the next level.

The Types of “Energy” You Bring

• Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously
• Effective verbal and written communication skills
• Willingness and desire to learn new skills and take on new responsibilities
• Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands

“Gauges” of Responsibility

• Daily ownership and profitability of Bio-diesel and renewable diesel book of business and includes responsibility to procure the most cost-effective product for marketing.
• Meeting all the requirements of Global’s risk policy including hedging all products. Previous trading experience in petroleum derivatives, swaps, futures, physical products required.
• Represent and be the lead for Supply on various projects and opportunities.
• Prepare and present management reports as needed.
• Work with Risk Management both on a daily processes and longer term to improve reports and overall effectiveness.
• Prepare and present risk/return reports on opportunities and analysis as necessary.
• Find and negotiate term sales, rack deals, etc.
• Find and implement any ways to make changes to increase Supply’s profitability, work to grow the business in both current and new markets.
• Support Supply on acquisitions and larger projects.

“Fuel” for You

• Coins! We offer competitive salaries and opportunities for growth. We mean it! We have an amazing Talent Development Team who create trainings for growth and job development.
• Health + Wellness - Medical, Dental, Vision and Life Insurance. Along with additional wellness support.
• The Road Ahead – We offer 401k and a match component!
• Professional Development - We provide tuition reimbursement; this benefit is offered after 6 months of service.
• Give Back! We believe in community support. We know everyone gives in their own way, that’s why we offer paid volunteer time-off to you to help an organization of your choice.

The "GPS" of our Interview Process

• First thing's first, if you’re interested in the role, please apply.
• A talent acquisition team member will review your resume in partnership with the hiring manager. If your experience would lend to this opportunity a recruiter will contact you.
• We conduct in-person and virtual interviews and provide additional interview information or other items needed at that time.

Qualifications

• 5+ years Industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending.
• Exceptionally strong interpersonal and communication skills
• Outstanding ability to work collaboratively
• Excellent attention to detail
• Excellent time management and multi-tasking skills
• Proficiency with Microsoft Excel a significant plus

Education Requirement

• Bachelor’s degree in business, Finance or Accounting

We value passion and potential. If you are enthusiastic about a position and think you can make a meaningful impact, we encourage you to apply even if you don't check every box. We embrace different perspectives, backgrounds and experiences.

Global Partners LP is an equal opportunity employer. We foster a company culture where ideas from all people help us grow, move and thrive. We embrace the diversity of all applicants and do not discriminate against race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, protected veteran status or any other basis prohibited by federal, state or local law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-891-4000.