Job description
Organization overview:
Chevron Supply and Trading (S&T) provides a critical link between the market and Chevron’s upstream, downstream and chemicals companies. We provide commercial support to our crude oil and natural gas production operations and to our refining and marketing network. To learn more, take a look at what we do here:
The London Product Supply and Trading office concentrates on providing flow assurance, optimization and trading of physical refined products and fuels and feedstocks originating in or destined for Europe, Africa, and the Middle East.
The successful candidate will be one with good technical knowledge of Oil Products, with a physical experience in Crude Oil, Refining Optimsation & Operations, with a preference of some BioFuels experience, 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, Africa, and the Middle East, 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:
- Refinery/LP knowledge & experience
- 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:
- Degree Level (or equivalent) in one of the following fields is preferred: Chemical Engineering, Economics, Business
- 3+ years of trading experience in Products & Biofuels/ Carbon.
- 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.
Relocation Options:
International Considerations:
Workplace Inclusion & Diversity
Chevron seeks to attract and develop the brightest minds to support, advance and enable best practices, innovation and evolving the energy landscape.
- Chevron is striving to be an employer of choice and leader for an inclusive and diverse workplace where we are actively supporting the promotion of equality for all employees at all levels
- Chevron is working to close any gender gap where it may exist; equal pay or enabling a representative and meritocratic progression to careers and reaching senior roles across the organisation
- Chevron is focused on growing a culture where people with disabilities can excel through support in role and long-term career opportunities including workplace adjustments.
- Chevron considers itself a learning and flexible employer and want to support everyone to bring their best self to every day
Chevron is an Equal Opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex, sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability, military or veteran status, political preference, marital status, citizenship, genetic information or other status protected by law or regulation.
We are committed to providing reasonable accommodations for qualified individuals with disabilities. If you need assistance or an accommodation, please email us at .