Refined Products Trader

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.