6 Jobs in Newtown Square, PA
Energy Transfer Family of Partnerships Careers is Hiring a Trader Near NEWTOWN SQUARE, PA
Summary:
Join a collaborative and innovative team of entrepreneurial individuals transacting in both physical and financial markets with a common goal to supply customers with low-cost products and generate EBITDA in a challenging, fast paced environment.
Essential duties and responsibilities:
- Develop physical trading strategies, both spot and term, to generate positive EBITDA
- Develop trading and blending strategies, initiate and manage physical and financial positions for profit, focus on supply portfolio, manage price exposure for system and trading positions, and proposes relevant risk management and hedging strategies.
- Accountable for optimization of blend hub tank positions and supply for retail system requirements and for book trading positions profit/loss.
- Collaborates with commercial operations to manage physical inventories consistent with supply requirements and financial market structure. Represents the company externally and requires an extensive network of 3rd party contacts.
- Seeks out and identifies commercial opportunities. Embeds optionality to reduce exposure in positions and interprets financial information, integrates information from a variety of sources, detects trends, associations, and cause/effect outcomes.
- Negotiates contracts spot and term deals. Builds relationships, manages third parties and internal relationships, develops contacts and gathers relevant market information.
- Leads strategic plan for blending optimization and works closely with refined products team to determine blend values vs. market values for finished products
Education and/or Experience, Knowledge, Skills & Abilities:
Required Education:
- BS degree in Finance/Business/Engineering or other related discipline
- 5 years of industry experience and 2 prior years trading clean products and components, gasoline blending, or other related commercial activities
Required Skills
- Prior trading experience in financial markets (futures, swaps, options, etc.)
- Overall understanding of the global refined products business including supply, trading, logistics and operations
- Excellent analytical, communication, and interpersonal skills
- Proven negotiation skills
- Demonstrated leadership capability
Preferred Experience
- Gasoline blending experience
- Physical product and component trading experience in U.S. hub markets (USGC, NYH, CHI)
- Experience in commercial operations such as marine and pipeline movements
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER:
The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Job Summary
Full Time
$55k-61k (estimate)
05/24/2023
06/25/2024
The job skills required for Trader include Trading, Risk Management, Futures, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Trader. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Trader. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Trader positions, which can be used as a reference in future career path planning. As a Trader, it can be promoted into senior positions as a Foreign Exchange Trader II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Trader. You can explore the career advancement for a Trader below and select your interested title to get hiring information.
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