Gasoline Trader
Houston, TX - USA
Job Summary
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Whats the role
The role is for a Gasoline Trader in Shell Trading US as part of the Global Gasoline Trading team and Global Products Trading. The scope of the role will cover regional and global trading activities for Gasoline reporting to the Regional Manager Trading Gasoline.
What youll be doing
- Identify trading opportunities negotiate and execute profitable trades
- Develop new business in close cooperation with originators and other Trading desks
- Establish strong customer relationships
- Work closely with Supply groups Retail and Manufacturing teams to understand E2E economics and uncover optimizations to unlock value
- Optimize the flows of gasoline via our relevant tankage operations
- Work arbitrages of finished grades and components between trading regions
- Proactively exchange information and ideas with the rest of the Global Mogas Trading team and other trading desks
- Gather information and data about the market and feed this into analysis to build a better forward view of the market
- Develop a clear understanding of the key drivers of the various markets and communicate these in such terminology that all other interested internal parties have a sound understanding of the direction of the markets
- Work with the local freight team and Quality Assurance Group on shipping logistics and handling issues to minimize profit leakage
- Develop hedging strategies to lock in profitable physical trades as well as developing forward views to contribute to speculative paper positions
- Update and monitor Endur to ensure the book of record always correctly reflects the books Mark to Market and Exposure
- Develop new business models and work across lines of businesses to grow E2E Shell businesses
- Mentor junior traders and other staff fostering their development and growth within the organization
What you bring
- The candidate must have legal authorization to work in the US on a full- time basis
- Bachelors degree or equivalent experience required
- At least 5 years relevant experience in gasoline blending arbitrage and all elements of the supply chain
- Strong understanding of derivatives futures fundamentals of financial market
- Knowledge of refining economics refinery processing and blending operations
- Understanding of freight economics logistics and transportation
- Strong communication and networking skills with the ability to build and maintain relationships across a broad range of stakeholders
- Excellent verbal written and presentation skills
The successful candidate is expected to:
- Be highly motivated to develop the business and be a hard-working individual
- Be a confident and enthusiastic team player with good interpersonal skills
- Have a proven track record of being able to build strong relationships and business with third parties
- Demonstrate a strong focused on bottom line profitability
- Perform under extreme time pressure in a stressful trading environment
- Be highly numerate with good analytical capacities
- Have excellent attention to detail
- Be able to multi-task
What we offer
The base salary range for this position is $184000 - $276000 per year. Individual pay will be based on various factors such as relevant work experience education certifications skill level seniority and internal equity.
For regular full-time or regular part-time employees of the Company (participating companies as listed in the Summary Plan Description) insurance coverage options include medical dental vision coverage life Insurance Business Travel Accident Insurance and Occupational Accidental Death Benefit programs. Employees also participate in a company pension plan and a 401(k) plan. Paid leave includes up to 6 weeks of paid vacation time up to 11 paid holidays and parental leave offering 16 weeks of paid leave for birthing parents and 8 weeks of paid leave for non-birthing parents.
Additionally employees are eligible for short-term disability leave for up to 26 weeks at 100% or 50% of base pay as well as Long-Term Disability insurance. Shell also offers other compensation such financial reimbursement for adoption wellness education and personal learning expenses and some roles are eligible for discretionary long-term incentives. For interns eligible benefits include medical dental and vision coverage life insurance Business Travel Accident Insurance and Occupational Accidental Death Benefit programs; participation in a 401(k) plan; and paid leave for up to 11 paid holidays. Additional information on Shells US benefit programs can be found at bring your skills and experience to Shell and in return you work with talented committed people on one of the most important challenges facing our planet. Youll have the opportunity to develop the skills you need to grow in an environment where we value honesty integrity and respect for one another. Youll be able to balance your priorities as you become the best version of yourself.
- Progress as a person as we work on the energy transition together.
- Continuously grow the transferable skills you need to get ahead.
- Work at the forefront of technology trends and practices.
- Collaborate with experienced colleagues with unique expertise.
- Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
- Perform at your best with a competitive starting salary and annual performance related salary increase our pay and benefits packages are considered to be among the best in the world.
- Take advantage of paid parental leave including for non-birthing parents.
- Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders ages ethnicities cultures abilities sexual orientation and life experiences to apply.
- Grow as you progress through diverse career opportunities in national and international teams.
- Gain access to a wide range of training and development programmes.
Wed like you to know that Shell has a bold goal: to become one of the worlds most diverse and inclusive companies. You can get to know more about how were working towards that goal click here.
Shell in The United States
Shell has been in the US for more than 100 years leading the sector in energy petrochemicals and refined products. Today we provide millions of Americans with the energy needed to heat and cool their homes and power the economy.
We operate in all 50 states from our Deep-Water platforms in the Gulf of America to the Pennsylvania Chemicals complex and our miles of pipelines throughout the US.
We reach our customers through our 13000 branded retail stations and we are number 1 in gasoline sales. We also own the #1 brand of motor oil in the U.S. Pennzoil made from natural gas.
We are excited to play a key role in the move to net carbon emissions while providing the oil and gas needed by society for many decades to come.
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About Company
Shell is a global group of energy and petrochemical companies. Learn more about Shell on our global website.