Jr. Trader – Crude Oil

Job title:

Jr. Trader – Crude Oil

Company

Shell

Job description

Alberta, CanadaJob Family Group: Trading JobsWorker Type: RegularPosting Start Date: June 3, 2024Business unit: Downstream and RenewablesExperience Level: Experienced ProfessionalsJob Description:The Jr Trader – Crude Oil role is responsible for profitable contributions to Shell’s Canadian Crude Oil Trading team. The role is responsible for supporting the development of supply and demand analytics across North America; assist in global flow modeling, and development of tradable strategies.The Junior Trader is expected to support a team of traders in originating new business with existing and new counterparties, building profitable relationships with producers, refiners, and midstream carriers.Accountabilities:

• Work alongside team of Senior Traders to profitably trade Canadian benchmark grades and function as internal market maker
• Support the development of market analysis and fundamental insights through in-depth collaboration with the Analyst team
• Work closely with other Shell Trading offices around the globe to understand current flows and anticipate future changes
• Further assist the Fundamentals Analyst team in development and modeling of sophisticated supply & demand models
• Properly hedge complex positions
• Maintain a view and communicate key market dynamics to wider NA Crude Trading team
• Originate new business and identify the deal space that allows for mutually beneficial deal constructs
• Holding a curiosity of all business across the Shell Trading Canada desks, providing frequent opportunity for collaboration

Skills & Requirements

• Must have legal authorization to work in Canada on a full-time basis
• Min 3+ years of experience in the Crude Oil Trading Industry specializing in analytics and trade execution
• Python or R coding capability is a requirement, with experience in modeling automation
• Sound understanding of relevant regulatory framework and business controls.
• Experience in of executing profitable trading strategies
• Capable of building customer relationships and executing structural deals
• Demonstrate a strong risk appetite
• Ability to manage complex pricing and logistical exposures
• Experience in developing and monetizing views basis fundamental analysis
• Enter transactions into deal entry system and ensure they are accurately reflected in daily PnL/exposure reports

–DISCLAIMER: Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.-À NOTER: de temps à autre, il arrive que nous modifions ou que nous retirions des emplois chez Shell et nous nous réservons le droit de le faire à tout moment, y compris avant la date limite indiquée. Avant de candidater, il vous est conseillé de bien lire notre politique en matière de protection des données. Celle-ci décrit comment vos données personnelles peuvent être traitées et vous informe que vos données personnelles peuvent être transférées à Shell/ aux sociétés du groupe Shell dans le monde entier. Ni le groupe Shell, ni aucune de ses sociétés de conseil en recrutement agréées ne sauraient vous demander de payer des droits pour examiner votre candidature à une carrière chez Shell. Quiconque vous demande un tel paiement n’est pas un représentant agréé de Shell et il vous est fortement conseillé de refuser d’effectuer un tel paiement. Shell respecte l’égalité d’accès à l’emploi

Expected salary

Location

Calgary, AB

Job date

Sun, 07 Jul 2024 05:39:57 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (globalvacancies.org) you saw this job posting.