Middle Distillate Trader
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Key skills for this role
About the Role
Chevron is seeking a Middle Distillate Trader to develop and execute integrated physical and derivatives trading strategies in the Asia/East-of-Suez markets for diesel and jet fuel.
Key Skills for This Role
Responsibilities
- Trade physical Jet, Diesel and Components (spot and term) in East of Suez markets to optimize Chevron’s positions and generate profit
- Develop and execute physical trading strategies based on market structure, arbitrage signals, and regional supply/demand fundamentals
- Work closely with operations, shipping, and commercial support teams to ensure operational requirements are communicated
- Collaborate with analytical teams to identify trends and improve trading decisions
- Manage risk exposure through derivatives (swaps, futures, options) and ensure compliance with internal risk limits
- Maintain strong relationships with brokers, counterparties, and internal stakeholders
- Ensure adherence to compliance standards and Chevron’s Operational Excellence principles
Requirements
- Degree Level (or equivalent) in Engineering, Economics, Business, or related fields preferred
- Proven experience in jet or diesel trading, with strong knowledge of physical and paper instruments and hedging strategies
- Strong analytical skills and ability to make quick, informed decisions under pressure
- Excellent communication and negotiation skills
- Flexible approach to working hours
- Periodic travel may be required
Full Job Posting
Role Overview
- The Middle Distillate Trader is responsible for developing and executing integrated physical and/or derivatives trading strategies in the Asia/East of Suez Middle Distillate markets (Diesel Jet).
- The role combines physical trading with paper trading to manage exposure within risk limits.
Key Job Responsibilities
- Trade physical Jet, Diesel and Components (spot and term) in East of Suez markets.
- Develop and execute physical trading strategies based on market structure and arbitrage signals.
- Work closely with operations, shipping, and commercial support teams.
- Collaborate with analytical teams to identify trends.
- Manage risk exposure through derivatives.
- Maintain strong relationships with brokers and counterparties.
- Ensure adherence to compliance standards and Operational Excellence.
Required Qualifications
- Degree Level (or equivalent) in Engineering, Economics, Business, or related fields preferred.
- Proven experience in jet or diesel trading with strong knowledge of physical and paper instruments.
- Strong analytical skills and ability to make quick decisions under pressure.
- Excellent communication and negotiation skills.
- Flexible approach to working hours.
- Periodic travel may be required.
Preferred Qualifications
- Solid understanding of refining economics, blending, and arbitrage flows.
- 3+ years of trading experience in Refined Products.
Relocation & International Considerations
- Relocation may be considered.
- Expatriate assignments will not be considered.
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