Equinor is looking to solve the business problem of managing and executing trading activities for its global crude trading book, while maximizing returns and minimizing risks.
Requirements
- Expertise with Market fundamentals of US onshore and export markets (supply/demand, quality, etc.)
- In depth understanding of risk involved in deals, risk management skills
- Comprehensive understanding of underlying transportation/logistics and balancing mechanisms
- Thorough expertise with relevant derivative instruments (futures, swaps, etc.)
- Extensive knowledge of price concepts & structure, hedging implementation, contractual constraints and legal framework
- Minimum 5+ years of relevant trading experience, 3 of which should be in crude trading
- Experience with financial instruments to capture value above market price
Responsibilities
- Manage and execute trading activities for Equinor's global crude trading book
- Select and execute appropriate trading strategies to deliver commercial outcomes in line with risk framework and trading mandates
- Conduct comprehensive market analysis to identify trends, opportunities, and risks, and develop and implement trading strategies to capture value above market price
- Undertake financial trades and execute appropriate hedging strategies to generate short term returns and optimize trading outcomes
- Collaborate with cross-functional teams, such as Operations, Chartering, Risk, etc., to ensure effective communication and coordination in managing trading activities
- Contribute in local and global team discussions to mature market views and trading plans
- Develop and execute flexibility, third-party agreements, and transportation capacity (physical and virtual) to maximize returns
Other
- Minimum 5+ years of relevant trading experience, 3 of which should be in crude trading
- Emphasis on teamwork – needs to be a team player
- Open, collaborative, courageous and caring
- Make safety your priority and contribute to our zero-harm culture
