Crude Trader
EquinorAbout the role
The application window for this role will close on (dd.mm.yyyy):
25.05.2025To ensure your application is considered, please submit it before this date. Note that the job advert will be removed on the indicated "end date" found on top of the advert.
What does the job involve?
Responsible for origination, trading and chartering activity associated with the organization's energy commodities and products. Responsible for book management, flow assurance, asset backed trading and chartering activity associated with the Equinor commodities. Responsibilities include book management, physical and paper trading and use of financial instruments to capture value above market price and development/execution of flexibility, third-party agreements, and transportation capacity (physical and virtual) to maximise returns.You are utilizing your knowledge independently to solve highly complex tasks with a short to medium-term tactical impact/risk. You address key business challenges that align with Equinor's short and long-term strategy via providing specialist support to your team and others. You independently communicate within the immediate team, across other areas, and towards key stakeholders from partners or external parties. You regularly navigate conflicting agendas and may lead negotiations with senior stakeholders. You resolve challenges, deliver improvements and contribute to shaping best practices. You promote change initiatives, demonstrate flexibility to adopt new highly complex activities/ways of working and advice others. You follow and comply with safety, ethics, and compliance requirements and align with leadership expectations and company values. Full band description can be found on Insight.
What will my tasks be?
Within this position, your key tasks will be to:
• Be part of Equinor’s global crude trading book, managing and executing trading activities.
• 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.
Here's what we expect from you:
At Equinor, there are some overall qualities we regard as essential. We want you to identify with the values that guide our decisions and help us succeed and grow: open, collaborative, courageous and caring. We expect you to make safety your priority and to contribute to our zero-harm culture. And for this specific position, we are also looking for:
Minimum 5+ years of relevant trading experience, 3 of which should be in crude trading.
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.
Emphasis on teamwork – needs to be a team player.
What can we offer you?
We want you to have a rewarding and fulfilling work life. That’s why we offer
Not just a job - a career
In Equinor, your development begins on day one. You will build your competence through a wide range of learning activities while being empowered to build your career across multiple disciplines and geographies. Our internal job market allows a wide range of opportunities for development and growth within your own field, or even in other areas you find interesting and relevant.
Attractive rewards
We give you a comprehensive benefits package with a competitive salary, global parental leave, bonus scheme and pension plan.
Wellness and work-life balance
We care about and prioritise our employees’ well-being. We know that for you to be the best version of yourself in the workplace, being able to collect your children, attend a class or simply enjoy social time can be invaluable. That’s why we encourage you to ma
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