Physical Products Trader, Pinnacle Fuel - VN2150

Purpose of Role

Marex is seeking a Physical Products Trader who is an experienced, strategic, diligent, ambitious, and proactive individual, responsible for a portfolio of Petroleum products. This Senior to Intermediate level position with the ability to work autonomously, and also as part of a team and directly engage with clients. Commercial ability to maintain good relationship with clients and find new ones to bring flow.

Responsibilities

• Conduct thorough analysis of energy markets, supply and demand trends, geopolitical factors, and economic indicators to inform trading decisions.
• Develop and implement risk management strategies to mitigate price fluctuations, credit risks, and operational uncertainties associated with trading activities.
• Execute trading strategies by buying and selling petroleum products, ensuring accurate and timely trade execution.
• Collaborate closely with logistics, transportation, and storage teams to optimize the movement and storage of petroleum products, ensuring timely delivery to customers.
• Identify opportunities to maximize profits while managing costs, leveraging price differentials, and arbitrage possibilities.
• Establish and nurture relationships with suppliers, customers, and industry peers to gather market insights, negotiate favorable terms, and ensure smooth transactions.
• Utilize data analytics, market modelling, and demand forecasting to predict market trends, develop trading strategies, and improve decision-making.
• Stay up to date with industry regulations and ensure that trading activities align with legal and compliance standards.
• Stay informed about industry dynamics, emerging technologies, and trading best practices to adapt strategies accordingly.
• Prepare regular reports on trading activities, performance metrics, and market analysis for internal stakeholders.
• Ensure compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• Carry out regulatory activities under the Marex Financial and MSIL trading books.
• Liaise with clients in US; clients include banks, hedge funds, market makers, fund managers, institutional, trading houses and other trading boutiques.
• To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
• To report any breaches of policy to Compliance and/or your supervisor as required.
• To escalate risk events immediately.
• To provide input to risk management processes, as required.

Competencies, Skills and Experience

Competencies

• Excellent verbal written and communication skills.
• A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• Ability to take a high level of responsibility.
• Excels at building relationships, networking and influencing others.
• Resilient in a challenging, fast-paced environment.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

• Proactive mindset in keeping up to date with market research and incorporating into role efficiently.
• Analytical skills, identifying opportunities and risks in a quick and decisive manner.
• Comprehensive knowledge of the financial service markets and relevant regulatory requirements.
• Substantial experience working in and knowledge of a Petroleum product area.
• Experience of the infrastructural support required to efficiently support Petroleum business lines.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
• Experience in operating on electronic market making infrastructure.
• Experience in risk managing of Petroleum portfolios.
• Knowledge of the underlying products at Marex within the Petroleum remit.
• Bachelor's degree preferred

Pay

Salary Range: $150,000 to $250,000 per year and eligible for discretionary bonus.

Company Values

• Be collaborative - by working together across the organization, we foster teamwork, can better respond to challenges and successfully deliver for our clients
• Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders
• Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.
• Be respectful – how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.
• Nurture talent – we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves and our teams.