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ExxonMobil

Produces oil, gas, fuels and chemical materials

Senior Crude Mediterranean Trader

Sales & TradingUpdated on Nov 14
Full-timeLondon, UKIn-person

About the Job

Requirements

  • At least 10 years of trading experience.
  • Deep knowledge of European crude customers, logistics, and market dynamics.
  • Proven success trading crude in Europe and the ability to develop long and short assets into a profitable trading strategy.
  • Strong risk management experience, including hedging physical exposures.
  • Deep understanding of supply-and-demand fundamentals, trade flows, and arbitrage economics.
  • Deep understanding of commodity risk management practices, including hedging, exposure management, value-at-risk concepts, and derivatives market mechanics.
  • Legal right to work on the agreed commencement date.

Responsibilities

  • Trade Mediterranean, Black Sea, and Persian Gulf grades into and across Europe.
  • Identify, evaluate, and execute tactical trading opportunities for profit while maintaining system balance and adhering to risk limits.
  • Manage complex trades requiring hedging strategies, ensuring alignment with commercial objectives and risk management frameworks.
  • Develop and execute profitable trading strategies using market fundamentals and asset optionality, while delivering optimum crude supply to a large refining system.
  • 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 arbitrage, freight, and re-optimization of existing cargoes and assets.
  • Apply trade money management practices when setting targets and managing value-at-risk and drawdown.
  • Ensure accurate documentation of all transactions and contracts throughout the trade life cycle in relevant systems.
  • Ensure strict compliance with company policies, regulations, and risk controls.
  • Build strong relationships with counterparties, refiners, brokers, and customers.

About the Company

ExxonMobil

Produces oil, gas, fuels and chemical materials

ExxonMobil produces oil and natural gas and manufactures fuels, lubricants, and chemicals for transport operators, industrial customers, and consumers around the world. Its businesses span resource exploration and production, refineries that turn crude oil into fuels, and plants that make plastics and other chemical materials. The company sells products through wholesale supply agreements and the Exxon, Esso, and Mobil brands, including motor oils for vehicles and machinery. It also sells services that capture, transport, and store industrial carbon dioxide underground. The merged company formed in 1999 from Exxon and Mobil, with roots in earlier oil businesses, and is headquartered in Spring, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Spring, TX
Founded
1999

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