Trader- Residual Group

Global Partners hiring for Trader- Residual Group jobs in Winchester, MA, US

The Trader position is a key member of the Residual Team, reporting to the Residual Trader. This role will manage the day-to-day bunker business & work with the Residual Trader to add value using existing and/or new assets/business lines. This position is in our Waltham, MA office.

For over 75 years Global Partners has been delivering the energy, products, and services that make life better. We’ve also successfully developed community integrated convenience stores where we are transforming the customer experience and rethinking what it means to lead as an adaptive energy distribution company. This is a source of pride and frankly we don’t plan on stopping. With our recent game changers such as Alltown Fresh Gourmet Market and Renewable Diesel Fuel, we are looking to continue responsible and innovative growth. From design, supply, and tech we’re looking for people to contribute to our company’s direction. Global Partners is a great opportunity for those looking to develop their career with a longstanding company motivated by what’s next.  

The Types of “Energy” You Bring  

• Excellent written and verbal communication skills.
• You are self-motivated and like to take initiative.
• You are a team player with a positive attitude.
• You have strong time management skills.

“Gauges” of Responsibility  

• Procure & coordinate supply for Global’s bunker system.
• Leverage existing relationships to add value where needed and leverage any new relationships.
• Manage paper exposure for bunker system & cargo trading.
• Evaluate trading opportunities & prepare analysis as necessary.
• Deliver administrative & management tasks/reports. You will run monthly management reports for the supply group. You will need to speak well and present on these reports to the supply group.
• Manage new business lines with back-office groups to ensure smooth paths through tax, contracts, credit and accounting.

 “Fuel” for You

• Coins! We offer competitive salaries and opportunities for growth. We mean it! We have an amazing Talent Development Team who create trainings for growth and job development.
• Health + Wellness - Medical, Dental, Visions and Life Insurance. Along with additional wellness support. 
• The Road Ahead – We offer 401k and a match component!
• Professional Development - We provide tuition reimbursement; this benefit is offered after 6 months of service. 
• Give Back! We believe in community support. We know everyone gives in their own way, that’s why we offer paid volunteer time-off to you to help an organization of your choice.

The GPS of our Interview Process

• First thing first, if you’re interested in the role, please apply.
• A talent acquisition team member will review your resume in partnership with the hiring manager. If your experience would lend to this opportunity a recruiter will contact you. 
• We conduct “in-person” (ZOOM) interviews and provide additional interview information or other items needed at that time. 

QUALIFICATIONS

• Have a proven track record of profitability with the petroleum industry as an experienced Trader.
• Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done.
• Understand locational and structural arbitrage and how to take advantage of it in both paper and physical markets.
• Have a deep knowledge of freight markets, Jones Act & foreign flag.
• Have established trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers.
• Exceptionally strong interpersonal and communication skills
• Outstanding ability to work collaboratively
• Excellent attention to detail
• Excellent time management and multi-tasking skills
• Proficiency with Microsoft Excel a significant plus
• Industry experience in clean product supply, residual fuel, bunkers, trading, scheduling, product blending.
• Previous experience supplying a marketing/bunker system.
• Knowledge in refinery operations a significant plus.
• Strong industry knowledge and relationships with counterparts.
• Back office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus.

Research shows that many, especially women and marginalized people, are hesitant to apply for job if they don’t check every box. If you are excited about this position, and think you could have an impact here, please apply anyway, even if you don’t meet every point on the job description. We’d love to hear from you. ​

Global is committed to attracting, developing and retaining a highly qualified, diverse and dedicated work force and maintains a zero-tolerance policy with respect to discrimination in its workplace. We consider applications for all positions without regard to age, ancestry, race, gender, color, religion or creed, marital status, national origin, citizenship, disability, military or veteran status, sexual orientation, gender identity and expression, genetic predisposition or carrier status, status as a victim or witness of domestic violence, sex offenses or stalking, prior record of arrest or conviction, unemployment status or any other classification or status protected by applicable state, local or federal law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-891-4000.