Sr Trader

Shell•Houston, TX

1d•$184,000 - $276,000

About The Position

The Senior Products Derivatives Trader will be responsible for trading derivatives in US and global energy markets and in coordination with global market activity generated by Shell Trading’s worldwide network. This is a fast-moving, dynamic and successful trading team that supports the Group’s short-term requirements and longer-term strategy. You will be part of the Trading & Supply Products organization which is at the heart of Shell’s Downstream business. T&S Products exists as the integrator with the rest of Shell to enable stronger E2E value delivery. We do so through managing and optimizing the physical supply chain, as well as creating value through proprietary trading. Reporting to the Team Lead, Commodity Derivatives Trading (CDT) in Houston, this role will be responsible for the returns of the Products Derivatives trading book for CDT, and the opportunity to drive its growth. As Shell’s single market interface to US exchanges for Products futures transactions, you will be part of a wider global team of Sales & Trading, and Specialist Derivatives Traders.

Requirements

Must have legal authorization to work in the U.S. on a full-time basis for anyone other than the current employer
Bachelor’s degree or equivalent relevant experience required
Minimum of 5 years of combined crude and products derivatives trading.
Successful energy commodities derivatives trading experience in initiating, implementing, and managing positions/strategies, which have generated consistent profitability over several years
Experience quoting, executing, and warehousing customer flow
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 with and managing customers and other stakeholders with good outcome in negotiating and concluding deals.
A self-starter with a proactive approach to problem solving and displays a strong commercial acumen and knowing how to adapt trading strategies in a fast-paced and evolving commercial environment.
Team chemistry is a must.

Nice To Haves

Business development experience in deal structuring and relationship building with third parties a strong plus

Responsibilities

Managing a proprietary refined products derivatives trading book through careful strategic analysis of the Crude, Products, and Agriculture 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
Managing internal and external customer flow business and trading around exposure
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 CDT’s execution platform
Driving short and medium-term strategy
100 percent adherence to all of Shell’s Policies & Procedures, Code of Conduct and Compliance Manual

Benefits

The base salary range for this position is $184,000 - $276,000 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.
Benefit from flexible working hours, and the possibility of remote/mobile working
Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are among the best in the world.
Take advantage of paid parental leave, including for non-birthing parents
Join an organization working to become one of the most diverse and inclusive in the world.
Grow as you progress through diverse career opportunities in national and international teams
Gain access to a wide range of training and development programs