Description:
We are currently seeking high-energy professionals who are results-focused with sound business acumen and problem-solving skills to join our dynamic organization as a Product Trader. Ideal candidates should be natural team players, eager to learn and grow, and have an eye for innovation and continuous improvement. Chevron provides an outstanding culture, inclusive leadership, career opportunities and the tools for success – you bring the Human Energy™!
The successful candidate will be one with good technical knowledge of Oil Products, with a physical experience in gasoline, distillate, fuel oil or feedstock trading, who is able to make decisions and grasp concepts quickly, proven ability to produce positive results, have an eye for detail and strong leadership to positively influence others in the team
As a Products trader, this individual will cover and develop deal flow around Equity and non-Equity flows for Europe and Africa, including Global arbitrage opportunities. The individual requires knowledge and experience in physical blending, arbitrage position (to/from US, Africa, Middle East and Far East) as well as strong understanding and execution financial commodities.
Key Job Responsibilities For This Position
- Generates and develops sound trading strategies that result in increased profitability for the book.
- Trading experience across the product barrel, financial commodities, blending, spot and term, in pursuit of system optimization and trading for profit.
- Engage with industry experts and maintain strong internal and external relationships.
- Develops new trading markets for products/components and new business opportunities to increase existing deal flow.
- Negotiates spot & term contracts and ensuring each contract is performed in accordance with agreed terms.
- Provides visible leadership by working with team members in the development of regional and global trading strategies for short to long term time horizons.
- Communicates clearly strategy, transactions, position and operational requirements to team and supporting staff.
- Evaluates markets and market trends and shares point of view with other Supply & Trading offices
- Exhibits and demonstrates strong operational excellence and discipline in managing trading positions.
- Executes complex buy / sell / exchange spot and term agreements.
- Applies compromise / trade-offs to achieve terms of optimal value to Chevron.
- Resolves commercial disputes through negotiating skills.
- Holds strong understanding of underlying markets.
- Shares best practices with team members on negotiating skills / techniques.
- Ensures all trading activities are conducted within appropriate delegations of authority and conform with Risk Manual Guidelines
Required Qualifications
- Excellent record - in previous and current roles - of being strongly driven towards future success.
- Demonstrated leadership, positive influence and teamwork behaviours.
- A self-starter with excellent communication skills and the ability to multi-task in a dynamic high-pressure diverse team environment
- Demonstrated understanding and utilization of fundamental and technical market data to propose profitable trades and trading strategies and to manage company exposure.
- Demonstrated knowledge and experience in physical marketing, supply and/or trading, including inventory management, hedging, and position taking.
- Demonstrated understanding of regional and/or global markets, market exposure, risk management, basis risk, blending and arbitrage economics.
- Demonstrated experience with detailed commercial negotiations.
- Demonstrated experience in using analytical and problem-solving techniques.
- A flexible approach to working hours is vital to accommodate the significant variation in workloads associated with a busy trading operation.
- Periodic travel may be required.