Senior European Gas Originator / Structured Trader

Responsibilities

• Responsible for developing and commercialising ExxonMobil's European gas portfolio (both existing & new markets)
• Identify, structure, negotiate, and deliver large trading P&L through a variety of structured deals (primary/bilateral, physical/virtual), internally partnering with Traders, Quants, and Structurers
• Work with Finance, Risk and Law to maximise risk-adjusted returns across a range of flexible asset types (storage, pipelines, swing, price index optionality, etc.)
• Use market & counterparty knowledge to identify select counterparties to improve the P&L of specific deals, facilitating deal capture, across:
• European storage & transportation operators;
• Other trading business, around the purchase/sale of secondary storage entitlements, capacity transfers and gas-in-store opportunities;
• Regulators and policy makers in related markets
• Advise on asset optimisation strategies (non-linear exposure management), and provide commercial support during operational events
• Provide input into ExxonMobil's trading /portfolio strategy, & lead growth in organisational capabilities / culture
• Previous experience as a Gas Originator or Structured Trader, delivering high-value flow / structured products and building industry-leading trading portfolios

Requirements

• Trading specific knowledge of European gas markets, as well as understanding of complex asset price risk, volatility, and hedging mechanisms
• Deal focused mindset, P&L accountability for structured gas deals, and experience in a variety of bilateral commodity deals (EFET, ISDA, etc.)
• Expert in primary infrastructure auctions, and experience running a broad range of bilateral auctions
• Experience in building new gas trading capabilities / implementing and operationalising new trading structures

Company Overview

We are the largest publicly traded international Oil and Gas Company, using technology and innovation to help meet the world's growing energy needs. We hold an industry-leading inventory of resources and we are one of the world's largest integrated refiners, marketers of petroleum products and chemical manufacturers. To further capitalise on commercial insights, we are rapidly building our trading, origination & analytical capabilities to capture new assets and enter new market areas in Europe. We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business. This role sits within the front-office Europe Gas & Power Trading team, based in London., An ExxonMobil career is one designated to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life., ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process. Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.

Benefits

• Competitive starting salary
• Generous resettlement allowance
• Defined Benefit Pension scheme
• Share incentive plan
• Private healthcare for employees and their families
• Please note benefits may be changed from time to time without notice, subject to applicable law.

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