, United Kingdom

Job Family Group:

Trading Jobs

Worker Type:

Regular

Posting Start Date:

February 21, 2025

Business unit:

Downstream and Renewables

Experience Level:

Experienced Professionals

Job Description:

What’s the role?

The derivatives trading position is based in London as part of Shell’s Commodity Derivatives Trading (CDT) Team. The role will report directly to the RTL Derivatives & Systematic Trading Europe but you will be a key part of Global Gasoline Trading who’s European team is based jointly in Rotterdam and London. Your job will be to help the team with derivatives execution, exposure management and alpha generation. The successful candidate will be responsible for:

• Managing the execution and trading of all gasoline paper products.
• Working with the Rotterdam based Manager Regional Trading Gasoline EU to implement optimal trading and execution strategies.
• Advising global Gasoline team on understanding their exposures and how best to manage them.
• Liaising with OTC brokers and Exchanges to ensure the best route to market is always obtained.
• Working closely with Compliance and ensuring the compliance framework is adhered to at all times - with particular attention paid to the appropriate execution of block futures and managing brokers.
• Providing first class front office controls and timely deal entry
• Working with the Deal Structuring team to provide derivatives pricing and promote a customer-centric focus - helping to develop external relationships with Shell customers looking to hedge their gasoline and blendstock related requirements.
• Provide market-making service to other desks and parts of the organisation looking to manage exposure to gasoline derivatives
• Providing significant proprietary P&L to trading book
• Being the subject matter expert for all gasoline paper matters - pricing, hedging, exposure and deal entry.
• Helping to manage position limits relating to gasoline contracts and ensuring that the team are not running unauthorised positions.
• Assisting in the further development of automation and digitalisation of derivatives execution.
• The execution of other derivatives contracts and cover for other team members as required.
• Assisting with the training and mentoring of junior members of the team

What we need from you

• Multi-year trading experience is essential.
• Ability to carry out execution of multiple derivatives contracts in a tight time frame in the most efficient, compliant, and cost-effective way.
• Proven ability to trade profitably and strategically.
• Ability to trade within clearly defined risk limits.
• Origination of independent trade ideas.
• Provide analysis on paper markets (CoT, OI, CTAs etc) for the global team.
• Excellent communication & compliance skills.
• Ability to work independently and as part of a team.
• The workdays for this role are Monday-Friday and you will be expected to attend the office not less than 4 days per week; the candidate however will also be expected to work outside normal office hours due to the dictates of a global business.

Candidates must be open for future medium-term opportunities in Shell’s Rotterdam, Houston, and Singapore trading offices.

If you don't see yourself fully reflected in every job requirement listed on the posting above, we still encourage you to reach out and apply. Research has shown that not everyone often applies when they don’t feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply. We look forward to receiving your application.

Company Description

Shell started operations in the United Kingdom more than 110 years ago. Since then, we have grown into a leading innovative Oil & Energy company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit, and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.