Trader II - Crude Oil

Systems Unlimited, Inc.; Houston (TX); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

401K and Company Match

Tuition Reimbursement

Generous PTO Policy

Job summary

Mitsui E&P USA LLC is looking for a Crude Oil Trader II in Houston, Texas. This role focuses on executing US domestic crude oil trades while managing positions and exploring market opportunities. Proven experience of at least 5 years in crude oil trading or related physical markets is essential.

The ideal candidate should possess strong analytical and communication skills, proficiency in Microsoft Office applications and familiarity with ETRM systems. A well-equipped office environment and generous benefits such as a 401K plan and tuition reimbursement will be offered.

Qualifications

• Minimum 5 years of crude oil trading or related physical markets experience required.
• 5-10 years of experience in a trading environment.
• Fluent verbal and written skills in English.

Responsibilities

• Execute US domestic crude oil trades and manage daily positions.
• Identify market opportunities and provide accurate reporting.
• Assist internal departments to ensure timely and accurate deal management.

Skills

Proficiency in Microsoft Office (Excel, Power Point, Word)

Familiarity with ETRM systems

Excellent analytical skills

Exceptional communication skills

Ability to work in a team

Independence with little supervision

Education

Undergraduate degree in Finance, Economics, Engineering, or Accounting

Tools

ETRM systems

Job description

Career Opportunities with Mitsui E\&P USA LLC

Current job opportunities are posted here as they become available.

The Crude Oil Trader II is responsible for independently executing US domestic crude oil trades and optimizing related physical assets. This role manages daily positions, identifies commercial opportunities, and ensures accurate, transparent reporting while working closely with internal teams and global Mitsui crude desks.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

• Execute US domestic crude oil trades, including physical/logistical contracts, and negotiate pipeline, storage, and logistics assets.
• Manage positions within risk limits.
• Identify market opportunities while complying with policies.
• Conduct commercial/economic analysis and monitoring for asset-backed strategies and recommending execution, optimization, or exit.
• Provide timely, accurate reporting of positions, P&L drivers, exposures, and trade rationale and risk.
• Assist internal departments, such as Confirmations, Risk, IT, Accounting, and Global Mitsui crude trading teams to ensure deals are managed according to their intent in a timely and accurate manner
• Distribute US crude market intelligence and competitive dynamics. Support Mitsui’s fundamental market analytics by monitoring market developments that may impact supply / demand within the Texas and Gulf Coast regions.
• Other duties as directed by Manager
• Adherence to all corporate Risk Management policies and procedures.

REQUIRED SKILLS & ABILITIES:

• Proficiency or the ability to effectively demonstrate proficiency with appropriate training with third party software licensed to the Company such as Microsoft Office (Excel, Power Point, Word).
• Familiarity with ETRM systems.
• Excellent analytical skills with keen attention to detail.
• Exceptional communication skills. Possess es refined interpersonal verbal and written communication skills, including writing and telephone communication skills. Ability to present to senior managers when needed.
• Ability to work in a team environment.
• Ability to work independently with little to no supervision.

EDUCATION & EXPERIENCE:

• Undergraduate degree or equivalent related work experience (Finance, Economics, Engineering, or Accounting preferred).
• Minimum 5 years of crude oil trading or related physical markets
• 5-10 years of experience in trading environment required.

LANGUAGE SKILLS:

• Fluent verbal and written skills in English

WORK ENVIRONMENT & PHYSICAL DEMANDS:

This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include prolonged periods of sitting and occasionally moving around to meet with different team members.

BENEFITS:

• 401K and Company Match
• Tuition Reimbursement
• Generous PTO Policy

This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.

MEMS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.