Trader (1710)
Houston, TX
Full Time
Aramco Trading Americas
Mid Level
OVERVIEW:
The Naphtha Trader will be a member of the Aramco Trading Americas Light Distillates trading team. The team has responsibility for acquisition, disposition, optimization, and price-risk management for Aramco’s refinery system along with 3rd party trading growth. In support of Aramco Trading Americas objectives, the trader will be integral in the management, development, growth, and implementation of physical trading strategies, including the utilization of financial instruments to enhance decision-based economics. The trader will proactively implement value-added discretionary physical strategies to enhance trading results.
PRINCIPAL DUTIES:
- Develop and execute profitable trading strategies for Naphtha in physical and paper markets, which aligns with our global strategy.
- Monitor global supply-demand fundamentals, pricing trends, and arbitrage opportunities.
- Negotiate and close physical cargo deals with counterparties, including refineries, petrochemical companies, and trading houses.
- Manage freight, blending, and storage logistics to optimize trade economics.
- Prioritize a physical naphtha business to complement our light distillate strategy in the US.
- Maintain and grow a network of industry contacts including suppliers, customers, brokers, and shipping partners.
- Collaborate with risk, operations, legal, and finance teams to ensure smooth execution and compliance.
- Monitor and manage exposure and risk in line with company policies.
- Provide market intelligence and contribute to internal market reports and strategy discussions.
MINIMUM REQUIREMENTS:
- Bachelor’s degree in Business, Economics, Engineering, or a related field.
- 3–7 years of experience in oil trading, with a focus on light distillates or naphtha preferred.
- Strong understanding of global oil markets, particularly naphtha flows, pricing benchmarks, and trading hubs.
- Ability to develop arbitrage Naphtha business.
- Proven track record of profitable trading and risk management.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work independently and as part of a local and global team.
- Ability to work under pressure and make quick, informed decisions.
- Ability to work in an office environment, located in downtown Houston, TX
NO THIRD-PARTY CANDIDATE ACCEPTED
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