The Diesel Trader will be responsible for a range of activities related to trading refined products. This includes collaborating with the Global team on cargo arbitrage between international pricing centers, increasing Unipec's market share in the Americas' import and export flows, identifying strategic opportunities in regional futures and swap markets, and facilitating physical and financial information relevant to the Global team’s trading activities.
Responsibilities:
- Manage the Middle Distillates physical trades, market risks, and global arbitrage desks coordination.
- Responsible for Middle Disty trade positions and P&L calculation reports.
- Develop and evaluate new business opportunities for Middle Disty trades.
- Report market intel, industry trends, and analysis to add value to the company.
- Identify and recommend innovative strategies to deliver marketing solutions to maximize value under all market conditions.
- Coordinate product trading with shipping, operations, and other middle back-office functions.
- Remain current on the legal and economic issues affecting the hydrocarbon industry.
- Work closely with compliance to ensure Unipec and counterparties abide by all trade restrictions and applicable laws and regulations.
- Perform all these activities to company standards within a highly controlled environment governed by external regulatory requirements as well as internal controls.
- Report financial gains/losses accurately, promptly, and in compliance with the company’s reporting framework.
- Ensure that all financial discrepancies or losses are documented with supporting evidence and communicated to management.
- Ensure that all data and operational inputs are accurate, timely, and standardized across systems.
- Other duties as assigned.
