Commercial Supply Trader
- Job Title
- Commercial Supply Trader
- Job ID
- 27742807
- Location
- Deer Park, TX, 77536
- Other Location
- Description
-
PEMEX Deer Park is a highly complex refinery located 18 miles east of Houston in Deer Park, TX, and is a part of the PEMEX group which is a fully integrated oil company in the Americas, working across the entire value chain: exploration, production, industrial processing/refining, logistics and marketing. PEMEX Deer Park provides a diverse and inclusive work environment that employs approximately 1000 employees with another 1200 contractors on site. The refinery’s rated capacity is 340,000 barrels per day and has the feed flexibility to process multiple grades of crudes to produce the high-quality transportation fuels the world needs. The PEMEX Deer Park site is co-located with other 3rd party chemical facilities allowing for further integration and optimization of the refinery and its products. We set high standards of performance and ethical behaviors and offer challenging and fulfilling job opportunities in a number of fields. We take great pride in our ability to ensure the health and safety of our workers and the environment while being a good neighbor and have a positive impact on the local community where we work.
BENEFITS:
We value our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and an extensive benefits package including paid time off, medical, dental, and vision benefits, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning and culture.
The Commercial Supply Trader is a key member of Business Management team at PEMEX Deer Park. The PEMEX Deer Park Refinery is one of the larger and more complex refineries in the United States, processing roughly 340 kbd of crude and feedstocks producing a commensurate volume of products. The Supply Trader purchases, sells, and trades crude and feedstocks to supply the refinery through a mix of spot, medium-term, and long-term arrangements. The position will work closely with colleagues in PEMEX Deer Park and its parent organization, PMI Services North America, Inc., to help maximize the Gross Refining Margin of PEMEX Deer Park and to meet the strategic intent of PEMEX.
Accountabilities and Responsibilities:
The Supply Trader is accountable for crude term and spot arrangements associated with the PEMEX Deer Park Refinery. The Supply Trader works closely with the Business Management Economics & Scheduling team, the Business Development team and colleagues in the extended PEMEX portfolio in ensuring optimal supply of crude. The accountabilities specifically include:
- Trades crude and manages positions to supply refinery consumption and to maximize refinery margin.
- Help develop crude trading opportunities working with the Economics and Planning group.
- Negotiates spot & term contracts that focus on sustainable win-win outcomes and ensures contracts are performed in accordance with agreed terms.
- Conducts periodic reviews on performance to agreements for long-term contracts.
- Develops new suppliers, opportunities, and locations to improve Deer Park gross margin.
- Regularly engages with industry experts and represents PEMEX Deer Park at Industry forums
- Communicates clearly on trading strategies and commercial opportunities.
- Coordinates logistical arrangements with Economics & Scheduling and Marine groups to ensure cost-effective feedstock receipt.
- Develops refinery market view for crude based on market fundamentals and participates in development of refinery market strategies.
- Supports the PEMEX Deer Park business in meeting and beating its business performance targets in a sustainable manner
- Resolves commercial disputes with counterparties.
- Coordinates with compliance to ensure Pemex Deer Park operates in compliance with all applicable laws and regulations.
- Manages risk through execution of derivative transactions and hedging activities as appropriate and within established guidelines.
- Shares accountability in the gross margin outcomes of the PEMEX Deer Park business
- Supports the Economics & Scheduling team to find optimal and nimble solutions to planned and unplanned operational impacts
- Supports Pemex Deer Park business development opportunities and planning activities
Job Knowledge and Experience Requirements:- Engineering or Business degree with significant commercial experience with hydrocarbons.
- Self-starter with demonstrated leadership abilities.
- Proven experience in physical marketing, supply and trading, demonstrating understanding of the global and regional market dynamics.
- Proven experience with detailed commercial negotiations and deal origination.
- Demonstrated understanding of market exposure and risk management.
- Proven experience in business development and development of new business.
- Strong written and verbal communication skills
