Commercial Supply Trader

Job Description

Job 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.

Job Purpose

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 position purchases, sells, and trades products to balance refinery production with market demand 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 & Responsibilities :

The Supply Trader is accountable for all Diesel and Jet terms 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 and disposition of products. The accountabilities specifically include :

• Trades finished Distillates to balance refinery production and to maximize refinery margin and manage trading positions.
• Help develop distillate trading opportunities by working with Economics and Planning groups.
• 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 of long-term contracts.
• Develops new customers, product offerings, locations, and trades to improve Deer Park distillate net backs.
• 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 product delivery.
• Develops refinery market view for Distillate 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, Skills & Experience

Specify the educational background, qualifications and experience that would typically be required to fully and effectively perform this job.

Experience requirements :