Middle Distillates Trader
UNIPEC America, Inc. · Houston, TX · 2 wk ago
On-siteBusiness DevelopmentFull-time
Responsibilities
- Managing Middle Distillates physical trades, market risks, and global arbitrage desks coordination.
- Responsible for Middle Disty trades positions and PNL calculation report.
- Develop business, including evaluation and development of new opportunities for Middle Disty trades.
- Report market intel and industry trends and analysis to add value to the company.
- Identify and recommend innovative strategies to deliver marketing solutions to maximize value under all market conditions.
- Cook up product trading with shipping, operations, and other middle back-office functions.
- Remain current on the legal and economic issues affecting the hydrocarbon industry.
- Work closely with compliance to ensure Unipec and counterparties abide by all trade restrictions and applicable laws and regulations.
- Perform all these activities to company standards within a highly controlled environment governed by external regulatory requirements as well as internal controls.
- Report financial gains/losses accurately, promptly, and in compliance with the company’s reporting framework.
- Ensure that all financial discrepancies or losses are documented with supporting evidence and communicated to management.
- Ensure that all data and operational inputs are accurate, timely, and standardized across systems.
Qualifications
- Bachelor’s degree in Business, Finance, Accounting, or related field.
- 5+ years of experience in petroleum products trading, preferably in Middle Distillates trading.
- Strong knowledge of the US Gulf Coast and Latin America Markets.
- Strong knowledge of managing storage facilities.
- Knowledge of the global biodiesel market is strongly preferred.
- Knowledge of U.S. Gulf Coast Refinery Production and Import Flows.
- Experience in contract negotiations and problem-solving skills is required.
- Previous experience working in a multicultural/multilingual corporate environment.
- Knowledge and experience in market risk management instruments.
- Demonstrating ability to work in high-pressure, deadline-driven environments.
- Experience working with trading software and Microsoft Office.
- Ability to travel as required, including international travel.