Marex
Physical Products Trader, Pinnacle Fuel - VN2150
Houston, TX · Mid
Sponsorship not specified$150k-$250kDetected 7 days ago
Data AnalysisForecastingLogisticsResearchCommunicationAdaptabilityDemand Planning
About the role
- The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution.
- It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022.
- The Group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.
Responsibilities
- Develop and implement risk management strategies to mitigate price fluctuations, credit risks, and operational uncertainties associated with trading activities.
- Utilize data analytics, market modelling, and demand forecasting to predict market trends, develop trading strategies, and improve decision-making.
- We apply these values when working with all our clients, colleagues and other stakeholders Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients.
- Nurture talent - we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career.
- This means giving and taking stretch opportunities, taking risks, and committing to career development and support - for ourselves and our teams.
Requirements
- To report any breaches of policy to Compliance and/or your supervisor as required.
- To provide input to risk management processes, as required.
- To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
Nice to have
- Marex is seeking a Physical Products Trader who is an experienced, strategic, diligent, ambitious, and proactive individual, responsible for a portfolio of Petroleum products.
- Marex has unique access across markets with significant share globally both on and off exchange.
- Pinnacle Fuel LLC is the physical oil and petroleum trading division of Marex.
- As a global merchant trader of a broad spectrum of products, ranging across the entire scale of the crude barrel, we bring value to the marketplace by identifying the optimal outlets for the various products we handle.
- Unlike most of its peers, Pinnacle is a multi-faceted trading house that derives value from being hands-on in every aspect of its business.
- We embrace the opportunity to take on the responsibility to meet the needs of each and every one of our clients.
- Pinnacle is able to leverage its great experience and relationships in the petroleum arena along with the global presence and vast resources of the Marex group.
- Our expertise is in sourcing and accumulating a variety of products including:
Skills
- Competencies Excellent verbal written and communication skills.
- Demonstrates curiosity.
- Ability to take a high level of responsibility.
- Excels at building relationships, networking and influencing others.
- Resilient in a challenging, fast-paced environment.
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
- Analytical skills, identifying opportunities and risks in a quick and decisive manner.
- Comprehensive knowledge of the financial service markets and relevant regulatory requirements.
- Substantial experience working in and knowledge of a Petroleum product area.
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
- Experience in operating on electronic market making infrastructure.
- Experience in risk managing of Petroleum portfolios.
Compensation
- $150,000 to $250,000 per year and eligible for discretionary bonus.
Company info
- Collaborate closely with logistics, transportation, and storage teams to optimize the movement and storage of petroleum products, ensuring timely delivery to customers.
- Establish and nurture relationships with suppliers, customers, and industry peers to gather market insights, negotiate favorable terms, and ensure smooth transactions.
- We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.
- Be respectful - how we treat each other, and our clients says everything about who we are.
Equal opportunity
- Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
- We are an equal opportunity employer.
This listing is sourced directly from Marex's careers page and normalized into a canonical job model.