Physical Oil Trader Vice President
Share
Job Location:
Houston, MS - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The commodities team collaborates and partner across Origination Risk Logistics Legal and Middle/Back Office to drive commercial outcomes and control performance.
Job Summary
As a Vice President in the Commodities Oil Trading team you will own market exposure pricing and the economic performance of structured and physical positions. You will ensure all trades are optimized appropriately hedged and compliant with risk limits.
Job Responsibilities
- Support origination by developing full transaction economics pricing and hedge structures.
- Define market-risk management strategies across futures swaps and differential hedging.
- Contribute to commercial term drafting that affects pricing title transfer incoterms and exposure mechanics.
- Set and validate product pricing differentials relative to the index used for hedging.
- Execute and manage hedges; monitor and optimize daily position exposure.
- Track P&L drivers valuation changes and risk metrics; escalate exceptions per policy.
- Review and update product differentials as market conditions evolve.
- Coordinate closely with Logistics on delivery windows quality specs and timing.
- Communicate market insights performance drivers and risk positioning to stakeholders.
Required Qualifications Capabilities and Skills:
- Proven experience in physical oil trading (crude and/or refined products) with direct responsibility for P&L and risk.
- Expertise in derivatives hedging (futures swaps) and differential structures.
- Strong command of pricing mechanics location/quality differentials and exposure measurement.
- Demonstrated ability to interpret and negotiate commercial terms that affect risk and economics.
- Proficiency with trading and risk systems; advanced Excel; comfort with data analysis.
- Excellent communication and cross-functional collaboration skills.
- Operate within limit frameworks and adhere to all policies procedures and regulatory requirements.
- Ensure accurate timely trade capture confirmations and reconciliation.
- Uphold highest standards of conduct compliance and control rigor.
Preferred Qualifications Capabilities and Skills:
- Experience coordinating terminal/transport logistics and scheduling.
- Familiarity with regional benchmarks and price reporting agencies.
- Programming or analytics skills (e.g. Python) a plus.
- Relevant degree in Finance Economics Engineering or related field.
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
About Company
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans ov ... View more
