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Trader - Distillate

Job in Spring, Harris County, Texas, 77391, USA
Listing for: Exxon Mobil
Full Time position
Listed on 2026-06-03
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Trading - Equity / Derivatives / Quantitative, Financial Consultant
Salary/Wage Range or Industry Benchmark: 90000 - 130000 USD Yearly USD 90000.00 130000.00 YEAR
Job Description & How to Apply Below

Exxon Mobil 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 counter parties, 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
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