Senior Products Derivatives Trader

3 weeks ago


Houston, Texas, United States Shell Full time
Job Summary

We are seeking a highly skilled and experienced Senior Products Derivatives Trader to join our team at Shell. As a key member of our trading team, you will be responsible for trading derivatives in US and global energy markets, working closely with our global market activity generated by Shell Trading's worldwide network.

Key Responsibilities
  • Manage a proprietary refined products derivatives trading book through careful strategic analysis of the Crude, Products, Ags, and Metals markets using futures, swaps, and options.
  • Opportunity to trade the 'refinery margin' and all cuts of the barrel.
  • Coverage assistance with other roles on the Houston team.
  • Participation in global team strategy discussions.
  • Confirming overall trade book accuracy on transactions/exposure/profitability.
  • Participation in a wide array of business development activities to find new sources of value from internal and external financial counterparties.
  • Ownership and promotion of PRM's internal execution platform.
  • Driving short and medium-term strategy.
Requirements
  • Must have legal authorization to work in the US on a full-time basis for anyone other than current employer.
  • Bachelor's degree or equivalent relevant experience required.
  • Minimum of 5 years of combined crude and/or products derivatives trading.
  • Successful energy commodities derivatives trading experience in initiating, implementing, and managing sizeable positions/strategies, which have generated consistent and substantial profitability over a number of years.
  • Metals trading experience a strong plus.
  • Business development experience in deal structuring and relationship building with third parties a strong plus.
  • Highly focused on bottom line profitability and proficient in risk/exposure management.
  • Excellent interpersonal skills, professional maturity and good work ethics are necessary to succeed in this role. Proven track record in interacting and managing customers and other stakeholders with good outcome in negotiating and concluding deals.
What We Offer
  • A base salary range for this position is $175,000 - $262,000 per year.
  • Individual pay will be based on various factors such as relevant work experience, education, certifications, skill level, seniority, and internal equity.
  • 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 to birthing mothers, and 8 weeks of paid leave for non-birthing parents.
  • Additionally, employees are eligible for disability leave for up to 52 weeks at 100% or 50% of base pay.
  • 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.


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