The Senior Refined Products Trader is responsible for expanding the organization's presence in the U.S. distillates market, with a primary focus on diesel. This role manages a trading book and P&L within defined risk limits, executes domestic and international trading strategies, and contributes to the growth of the broader refined products portfolio through collaboration with global trading teams.

Key Responsibilities



Trading & Market Execution

• Develop and manage a refined products trading book with direct P&L responsibility, operating within approved risk parameters.
• Trade U.S. domestic and international distillates, with a strong emphasis on diesel, export flows, and arbitrage opportunities.
• Identify, structure, negotiate, and execute physical and derivative transactions in refined products markets.
• Coordinate hedging strategies to optimize exposure to term structure, basis movements, and export arbitrage.
  
  

Market Analysis & Strategy

• Analyze market fundamentals including supply, demand, pricing mechanisms, blending economics, logistics, and regulatory considerations.
• Monitor portfolio risk and mark-to-market valuations; proactively manage exposures.
• Contribute to the development and execution of the overall refined products trading strategy in coordination with senior management.
  
  

Commercial & Relationship Management

• Build and maintain a strong network of counterparties, brokers, and commercial partners across the Americas.
• Develop long-term commercial relationships and negotiate term agreements in line with company guidelines.
• Collaborate with internal teams to share market intelligence and develop cross-book trading opportunities.
  
  

Operational Coordination & Controls

• Work closely with Operations, Logistics, Middle Office, Back Office, Credit, and Risk teams to ensure efficient trade execution and settlement.
• Communicate executed trades accurately and in a timely manner through internal systems and required reporting channels.
• Ensure compliance with company policies, contractual terms, Incoterms, pipeline specifications, exchange rules, and applicable regulations.
• Adhere strictly to credit policies, risk limits, and internal control procedures.
  
  

Additional Responsibilities

• Support special projects and strategic initiatives as assigned.
• Promote a culture of integrity, accountability, and collaboration.
  
  

Required Qualifications & Experience



Education

• Bachelor's degree in Economics, Finance, or a related quantitative discipline.
  
  

Experience

• Minimum 5+ years of relevant experience trading refined products, with a strong focus on distillates/diesel.
• Demonstrated expertise in U.S. physical markets, export arbitrage, and derivative/hedging instruments.
  
  

Technical & Professional Skills

• Strong understanding of refined products market fundamentals, logistics, and contractual terms.
• Proficiency in Microsoft Excel, Word, and Outlook.
• Proven ability to develop and execute profitable trading strategies based on rigorous market analysis.
• Excellent written and verbal communication skills.
• Strong organizational skills with the ability to prioritize, multitask, and meet tight deadlines.
• High attention to detail with minimal error tolerance.
• Ability to perform effectively in a fast-paced, high-pressure trading environment.