NGL/LPG Trader / 31978913

Position Description:Chevron Corporation is one of the world’s leading energy companies. Headquartered in San Ramon, California, and conducting business in approximately 180 countries, the company is engaged in every aspect of the oil and natural gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation. Chevron U.S.A. Inc. is accepting online applications for the position of NGL/LPG Trader located in Houston, TX through May 9, 2008.Overview:Global Supply &Trading seeks to optimize the performance of Chevron's assets. We buy and sell crude oil and refined products to meet system requirements in global markets. We manage price and other risks associated with volatile markets. GS&T also generates substantial earnings through trading activities that extend beyond the needs of the system.The LPG Trader position (physical and paper) identifies and executes on opportunities to create, protect, and harvest value around trading opportunities in multiple markets. Traders use system requirements and parameters to leverage market opportunities and system assets to increase enterprise earnings. Administers, negotiates and manages supply and/or purchase contracts.Qualifications:Key Job Responsibilities for this position may include but are not limited to:• Networking - builds relationships • manages third parties and internal relationships • develops contacts • gathers relevant market information • Tactical trading - seeks out and identifies trading opportunities • develops trading positions that impact organization’s earnings and system optimization • accountable for trade book• Executing - decisive • takes a position • knows when to take profit or exit the position • Quantifying risk - applies risk/reward evaluation techniques • understands the importance of measuring, managing and reporting risk• Structuring trades - embeds optionality to reduce exposure in trading positions and trade books • interprets financial information • integrates information from a variety of sources • detects trends, associations, and cause and effect outcomes• Geographies – familiar with U.S., Latin American, and International LPG markets. Requires knowledge of shipping, operations and pricing relationships.• Fluent knowledge of global arbitrage as it relates to both physical and paper markets. Required (Basic) Qualifications:• Bachelors Degree• Ethical - honest • high integrity • moral • trustworthy • role-model the Chevron Way• Industry Knowledge -supply/demand fundamentals of physical market • product/crude/NGL/LPG grades and quality specs • refining systems • transportation and pipeline infrastructure and products carried • competitors • marine ops • third party system parameters • standard terms and conditions of contracts• displays knowledge of the global energy business • refinery economics/drivers • understands the value of variations in specification, timing, and volume• Commodities Trading Knowledge - market direction/call • trading strategies • trading fundamentals • global markets • arbitrage • market climate • keeps abreast of international events and geo-political climate • Communicating - persuasive and organized • clear when delivering oral and written presentations • shares knowledge • articulates rationale of the position • ensures understanding • Negotiating - brings others to agreement on contract details • achieves optimal contract terms • understands compromise • uses commercial dispute resolution • Opportunity oriented - spots trends • calls the market • seizes the moment and acts • has tolerance for taking calculated risk • sees the possibilities beyond the obvious• Systems – ability to learn, use and become proficient with proprietary computer systems, excel, access, etc..Preferred Qualifications:• Five years in oil tradingRelocation Options:Relocation may be considered within Chevron parameters.EOE M/F/D/V Learn more about Chevron Location:US-TX-Houston Status:Full Time, Employee Job Category:Logistics/Transportation