About this role
Trader - Distillate
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