Jobs · Business Development · Texas

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.

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