Broker - Crude/Fuel Oils
Marex
- Houston, TX
- Permanent
- Full-time
- Crude Oil
- Distillates
- Fuel Oil
- Gasoline
- Components and other blend stocks
- Conduct thorough analysis of energy markets, supply and demand trends, geopolitical factors, and economic indicators to inform trading decisions.
- Develop and implement risk management strategies to mitigate price fluctuations, credit risks, and operational uncertainties associated with trading activities.
- Execute trading strategies by buying and selling petroleum products, ensuring accurate and timely trade execution.
- Collaborate closely with logistics, transportation, and storage teams to optimize the movement and storage of petroleum products, ensuring timely delivery to customers.
- Identify opportunities to maximize profits while managing costs, leveraging price differentials, and arbitrage possibilities.
- Establish and nurture relationships with suppliers, customers, and industry peers to gather market insights, negotiate favorable terms, and ensure smooth transactions.
- Utilize data analytics, market modelling, and demand forecasting to predict market trends, develop trading strategies, and improve decision-making.
- Stay up to date with industry regulations and ensure that trading activities align with legal and compliance standards.
- Stay informed about industry dynamics, emerging technologies, and trading best practices to adapt strategies accordingly.
- Prepare regular report on trading activities, performance metrics, and market analysis for internal stakeholders.
- Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
- Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
- Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with Marex's Code of Conduct.
- Carrying out regulatory activities under the Marex Financial and MSIL trading books.
- Liaising with clients in US; clients include banks, hedge funds, market makers, fund managers, institutional, trading houses and other trading boutiques.
- 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.
- To report any breaches of policy to Compliance and/or your supervisor as required.
- To escalate risk events immediately.
- To provide input to risk management processes, as required.
- Excellent verbal written and communication skills.
- A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
- 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.
- Proactive mindset in keeping up to date with market research and incorporating into role efficiently.
- 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 of the infrastructural support required to efficiently support Petroleum business lines.
- 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.
- Knowledge of the underlying products at Marex within the Petroleum remit.