Job Description
SUMMARY: The Crude Oil Trader II is responsible for independently executing US domestic crude oil trades and optimizing related physical assets. This role manages daily positions, identifies commercial opportunities, and ensures accurate, transparent reporting while working closely with internal teams and global Mitsui crude desks.
ESSENTIAL FUNCTIONS & RESPONSIBILITIES: - Execute US domestic crude oil trades, including physical/logistical contracts, and negotiate pipeline, storage, and logistics assets.
- Manage positions within risk limits.
- Identify market opportunities while complying with policies.
- Conduct commercial/economic analysis and monitoring for asset-backed strategies and recommending execution, optimization, or exit.
- Provide timely, accurate reporting of positions, P&L drivers, exposures, and trade rationale and risk.
- Assist internal departments, such as Confirmations, Risk, IT, Accounting, and Global Mitsui crude trading teams to ensure deals are managed according to their intent in a timely and accurate manner
- Distribute US crude market intelligence and competitive dynamics. Support Mitsui's fundamental market analytics by monitoring market developments that may impact supply / demand within the Texas and Gulf Coast regions.
- Other duties as directed by Manager
- Adherence to all corporate Risk Management policies and procedures.
REQUIRED SKILLS & ABILITIES: - Proficiency or the ability to effectively demonstrate proficiency with appropriate training with third party software licensed to the Company such as Microsoft Office (Excel, Power Point, Word).
- Familiarity with ETRM systems.
- Excellent analytical skills with keen attention to detail.
- Exceptional communication skills. Possesses refined interpersonal verbal and written communication skills, including writing and telephone communication skills. Ability to present to senior managers when needed.
- Ability to work in a team environment.
- Ability to work independently with little to no supervision.
EDUCATION & EXPERIENCE: - Undergraduate degree or equivalent related work experience (Finance, Economics, Engineering, or Accounting preferred).
- Minimum 5 years of crude oil trading or related physical markets
- 5-10 years of experience in trading environment required.
LANGUAGE SKILLS: - Fluent verbal and written skills in English
WORK ENVIRONMENT & PHYSICAL DEMANDS: This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include prolonged periods of sitting and occasionally moving around to meet with different team members.
Benefits - Medical, Dental, Vision benefits
- 401K and Company Match
- Tuition Reimbursement
- Generous PTO Policy
- Breakroom Snacks / Beverages
This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.
MEMS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.
Job Tags
Work experience placement, Work at office