Diesel Fuel Trader at Unipec America Inc

Houston, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Feb, 26

Salary

0.0

Posted On

04 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Diesel Fuel Trading, Jet Fuel Trading, Analytical Skills, Quantitative Skills, Commercial Skills, Trading Software, Market Data Tools, Microsoft Office, Risk Management, Negotiation Skills, Communication Skills, Relationship Management, Market Intelligence, Hedging Strategies, Compliance, Trading Strategies

Industry

Oil and Gas

Description

Description Unipec America is seeking an experienced Diesel Fuel Trader to manage the purchase, sale, and distribution of diesel and jet fuel, along with related refined products. This role will support various commodity markets, with responsibility for profit and loss and business growth in both volume and margins. A solid understanding of the petroleum supply chain is essential. The trader will be responsible for using futures, derivatives, and other financial tools to hedge physical inventory positions in accordance with risk management guidelines. Additionally, the trader may be assigned other duties and responsibilities by the company as needed. Responsibilities: Prepare and execute deals in accordance with defined benchmarks and within acceptable risk tolerances and dropdown requirements. Accountable for capturing and verifying daily P&L transaction details and presenting weekly P&L summary to the VP. Responsible for the optimization and execution of the marketing and trading activities. Proactively provide technical and fundamental market outlook to the Products Trading team. Creating hedging rationales based on HQ’s formality requirement. Support the Products teams and the Risk Marketing unit and its partners by offering market making services in Products derivatives options on behalf of the Global Products Trading teams in coordination with the global risk management strategy. Develop and implement trading strategies to capitalize on market opportunities and manage risk. Recommend strategies to optimize the value of company assets for transportation and storage positions to maximize profitability while managing risks. Ensure compliance with applicable policies, practices, procedures, and regulations. Report industry trends, analysis, and continuously gather market intelligence and assess opportunities to add value to the company. Identify and recommend innovative strategies to deliver marketing solutions to maximize value under all market conditions. Perform all these activities to company standards within a highly controlled environment governed by external regulatory requirements and internal controls. Other duties as assigned. Requirements Bachelor's Degree in Business, Finance, Accounting, or a related field. Experienced in Diesel and Jet fuel trading in the US and the Global Diesel market. Strong analytical, quantitative, and commercial skills. Solid experience working with trading software, market data tools, and Microsoft Office. Understanding of the physical and financial commodity markets for Diesel and Jet fuel. Knowledge and experience in utilizing market risk management instruments. Ability to work in a high-pressure, dynamic environment with deadlines and competing responsibilities. Excellent negotiation, communication, and relationship management skills. Experience working in a geographically dispersed environment is an asset. Ability to travel as required. Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. The Company will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, STEM OPT, OPT, CPT or any other employment-based visa.) We do not accept unsolicited resumes from third-party recruitment agencies; therefore, we will not pay a fee for resumes submitted.

Responsibilities

The Diesel Fuel Trader will manage the purchase, sale, and distribution of diesel and jet fuel, focusing on profit and loss and business growth. Responsibilities include executing deals, optimizing marketing and trading activities, and providing market outlooks to the trading team.