Trader II - Crude Oil

Mitsui & Co. Energy Marketing and Services (USA), Inc.; Houston (TX); On-site; USD 140,000 - 200,000; Full time

Benefits offered by this job

Medical, Dental, Vision benefits

401K and Company Match

Tuition Reimbursement

Generous PTO Policy

Breakroom Snacks / Beverages

Job summary

Mitsui & Co. Energy Marketing and Services (USA), Inc. in Houston seeks a Crude Oil Trader II to independently execute US domestic crude trades and optimize related physical assets.

You will manage daily positions, identify commercial opportunities, and ensure accurate reporting while collaborating with internal teams and Mitsui's global crude desks. The role requires an undergraduate degree with 5+ years in crude trading, strong analytical and communication skills, and proficiency with MS

Qualifications

• 5+ years crude oil trading experience.
• Undergraduate degree or equivalent.
• Fluent English.

Responsibilities

• Execute US domestic crude oil trades and related contracts.
• Manage positions within risk limits.
• Identify market opportunities and ensure policy compliance.
• Perform commercial/economic analysis for asset-backed strategies.
• Provide timely reporting of positions, P&L drivers, exposures and trade rationale.
• Support internal teams to ensure deals align with intent and timing.
• Distribute US crude market intelligence and monitor Texas/Gulf Coast market developments.
• Adhere to corporate risk management policies.

Skills

MS Office

ETRM systems

Analytical skills

Excellent communication

Team collaboration

Independent work

Fluent English

Education

Undergraduate degree

Finance/Economics/Engineering/Accounting preferred

5+ years crude oil trading experience

5-10 years trading environment experience

Tools

Microsoft Office suite

ETRM systems

Job description

Summary

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.

Summary

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. Possesses 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

• Medical, Dental, Vision benefits
• 401K and Company Match
• Tuition Reimbursement
• Generous PTO Policy
• Breakroom Snacks / Beverages

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.