About the role
AI summarisedExecutes and manages derivatives transactions to net hedging positions for a defined group of traders, operating within established guidelines to ensure alignment with commercial strategies and compliance with all relevant controls. This role focuses on hedging and does not trade physical commodities or take Point-of-View (POV) positions.
UtilitiesOnsiteTrading
Key Responsibilities
- Execute net hedge positions by placing derivative buy/sell orders on approved exchanges and/or with approved brokers in collaboration with the trading team and book lead.
- Manage netting of hedge positions for assigned traders, ensuring alignment with commercial strategies and risk controls.
- Conduct derivatives trading activities in strict compliance with ExxonMobil guidelines and regulatory requirements.
- Build and sustain relationships with brokers, Risk, and trading team members to support efficient execution.
- Ensure accurate documentation of all derivative trade transactions and contracts throughout the strategy life cycle in relevant systems.
- Evaluate and recommend hedge execution strategies in close coordination with the lead trader and Risk.
Requirements
- Experience in Energy Risk Analysis & Mitigation
- Proficiency in Financial Markets Execution
- Knowledge of Market Pricing Mechanisms
- Understanding of Energy Commodity & Derivative Trading
- Strong Negotiation skills
- Ability to perform Quantitative & Technical Trading Analysis