Sr. Crude Med Trader (London, LND, GB)
About us At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.
The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.
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About ExxonMobil Global Trading ExxonMobil Global Trading is where we trade oil, natural gas, and energy products safely and responsibly around the world. We leverage our expertise in analytics, logistics, origination, and knowledge of energy markets to maximize the value of our global assets and deliver industry-leading results. This is an exciting time to join our growing trading team and be an integral part of ExxonMobil.
What role you will play in our team ExxonMobil Global Trading is seeking an experienced Crude Trader to join our growing Mediterranean and Black Sea trading team. This role requires a deep understanding of the physical crude trading markets in Europe, with domain knowledge within Mediterranean and Black Sea markets an advantage. The trading portfolio will consist of managing multiple physical and paper positions across crude grades over local and arbitrage trade routes with a focus on building a network of counterparties, high-grading the value on term crude length and shorts while effectively managing risk.
What you will do Trade Mediterranean, Black Sea and Persian Gulf grades into and across Europe Identify, evaluate, and execute tactical trading opportunities for profit while maintaining system balance and adhering to risk limits Manage complex trades requiring hedging strategies, ensuring alignment with commercial objectives and risk management frameworks Develop and execute profitable trading strategies using market fundamentals and asset optionality, in combination with delivering optimum crude supply to a large refining system Manage positions, logistics, and inventory in collaboration with Operations and Scheduling teams.
Monitor global market trends and communicate insights across the trading organization.
Identify value opportunities in arbitrage, freight and re-optimisation of existing cargoes and assets.
Demonstrate expert Trade Money Management practices in setting targets and managing VaR / drawdown Ensure accurate documentation of all transactions and contracts throughout the trade life cycle in relevant systems Ensure strict compliance with company policies, regulations, and risk controls.
Build strong relationships with counterparties, refiners, brokers, and customers About you 10+ years trading experience Deep knowledge of European crude customers, logistics, and market dynamics Proven success trading crude in Europe with the ability to develop system of long and short assets into a profitable trading strategy Strong risk management, including experience hedging physical exposures Deep understanding of supply/demand fundamentals, trade flows, and arbitrage economics.
Strong analytical, negotiation, and communication skills.
Deep understanding of commodity risk management practices, including hedging, exposure management, VAR concepts, and derivatives market mechanics.
Ability to perform in a fast‑paced, dynamic market environment.
Your Benefits An ExxonMobil career is one designated to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life.
We offer you:
Competitive starting salary Generous resettlement allowance Defined Benefit Pension scheme Share incentive plan Private healthcare for employees and their families Please note benefits may be changed from time to time without notice, subject to applicable law.
Stay connected with us Learn more at our website Subscribe our channel at YouTube Follow us on Twitter at @ExxonMobil_UK Conditions of Employment Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.
Equal Employment Opportunity Policy ExxonMobil and its United Kingdom subsidiary companies, Esso Pet
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