Trader - Distillate

Exxon Mobil; Spring (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

ExxonMobil Global Trading is seeking an experienced Distillate Trader to join our growing team. This role requires a deep understanding of the NYH market and involves managing NYH physical and paper positions, building a network of customers, and optimizing tank utilization.

You will work with Operations and Scheduling to manage risk, stay ahead of market trends, and identify value opportunities in blending, storage, arbitrage and freight.

Qualifications

• 5+ years trading experience.
• Deep knowledge of NYH customers, logistics, and market dynamics.
• Ability to develop shorts and manage a terminal position with pipeline/dock connectivity.
• Strong risk management, including experience hedging physical exposures.
• Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.).
• Deep understanding of supply/demand fundamentals, trade flows, and arbitrage economics.
• Strong analytical, negotiation, and communication skills.
• Deep understanding of commodity risk management practices, including hedging, exposure management, VAR concepts, and derivatives market mechanics.
• Ability to perform in a fast‑paced, dynamic market environment.

Responsibilities

• Trade ULSD, Jet, Heating Oil, and other distillates across physical and/or paper markets.
• Develop and execute profitable trading strategies using market fundamentals and asset optionality.
• Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
• Monitor global market trends and communicate insights across the trading organization.
• Identify value opportunities in blending, storage, arbitrage, and freight.
• Ensure strict compliance with company policies, regulations, and risk controls.
• Build strong relationships with counterparties, refiners, brokers, and customers.

Skills

Trading experience

NYH market knowledge

Risk management

Distillates trading

Market analysis

Negotiation & communication

Commodity risk management

Job description

At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.

The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.

We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together .

Job Group Capability

Trading

Job Group

Trading

Job Role Description

ExxonMobil Global Trading is seeking an experienced Distillate Trader to join our growing global distillates team. This role requires a deep understanding of the NYH market. The trading portfolio will consist of managing NYH physical and paper positions with focus on building a network of customers, high-grading tank utilization, and managing risk.

Job Role Responsibilities

• Trade ULSD, Jet, Heating Oil, and other distillates across physical and/or paper markets.
• Develop and execute profitable trading strategies using market fundamentals and asset optionality.
• Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
• Monitor global market trends and communicate insights across the trading organization.
• Identify value opportunities in blending, storage, arbitrage, and freight.
• Ensure strict compliance with company policies, regulations, and risk controls.
• Build strong relationships with counterparties, refiners, brokers, and customers.

Required Qualifications

• 5+ years trading experience
• Deep knowledge of NYH customers, logistics, and market dynamics
• Ability to develop shorts and successfully manage a terminal position with pipeline/dock connectivity
• Strong risk management, including experience hedging physical exposures
• Proven success trading distillates (ULSD, Jet, Heating Oil, AGO, etc.).
• Deep understanding of supply/demand fundamentals, trade flows, and arbitrage economics.
• Strong analytical, negotiation, and communication skills.
• Deep understanding of commodity risk management practices, including hedging, exposure management,
• VAR concepts, and derivatives market mechanics.
• Ability to perform in a fast‑paced, dynamic market environment.

Functional Skills

Energy Commodity & Derivative Trading

Negotiation

Opportunity & Market Identification

Trading Market Analysis

Quantitative & Technical Trading Analysis

Energy Risk Analysis & Mitigation

Strategic Contract Development

Optionality Valuation

Trading Scheduling

Deal Structuring

Financial Markets Execution

Market Pricing Mechanisms

Alternate Location:

Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.

Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.

Nearest Major Market: Houston
Job Segment: Pipeline, Sustainability, Risk Management, Energy, Finance