Saturday, February 20, 2010

Petroleum Products Trader: $80-100K / year

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Petroleum Products Trader needed for a full time position with an energy trading company located in downtown Houston, TX.

Responsibilities include the development of trading activities on petroleum products that include the cargo market and blending operations, in order to maximize profit and to observe compliance with company’s policies and procedures, pipeline specifications, NYMEX, and US rules and regulations on energy trading, regulations and abide by SOA procedures. Additional responsibilities are to leverage a broad relationship base to trade and optimize value of barrels bought and sold, and to plan, organize, manage the blending and optimization of barrels in tank, selecting most economic grades of gasoline for blending in tanks. Other responsibilities are to research and gather data on the cargo and barge market from third party end-users, traders, and brokers and coordinate hedging strategies on traded cargoes, barges and storage to take advantage of market structure opportunities along the forward curve.

Reference position 5560.

Requirements

* Bachelor’s degree in economics, engineering, finance, or related field
* Minimum of five years experience in products and derivatives trading
* Five years experience in the oil and gas industry
* Experience with Bloomberg and Reuters required
* International trading experience and multi-lingual preferred
* Must be authorized to work in the US without restrictions

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