Job Description

Job Title Product Trader

Who are we?

Founded in 1924, Irving Oil is a family-owned international refining and marketing company with a history of long-term partnerships and relationships. With operations throughout Eastern Canada, New England and Ireland we focus on delivering quality products and exceptional service to our customers and our communities. Every day, we strive to put our good energy in action to bring families together, support the environment and local wildlife, and to create learning opportunities that empower the next generation.

Here\'s what you can expect from us:

When you\'re a part of our team, you\'ll see how we bring good energy to all that we do. At Irving Oil, we strive for a work environment where each of us feels we belong, can bring our whole selves to work, and where we treat our fellow employees with kindness and respect. Together, we will support our corporate strategy, high standards and the communities where we live and work. Our collaborative approach, safety-first culture and commitment to building resilient teams helps reinforce our internal brand position where People Matter. That\'s why we\'re dedicated to investing in our employees\xe2\x80\x99 potential, so that they can reach their career goals.



What you can expect in a typical day

If you love the excitement of staying up-to-the-minute with market news and data from around the world, this could be the role for you! We are currently looking for a Product Trader to join our Product and Compliance Trading Team in Saint John, NB. With a primary focus on refined product sales and purchases within North America, you will identify, communicate, and explore value-add opportunities for the company by analyzing and interpreting global market news and data.

What we offer:

Competitive salary, bonus and pension plan

Flexible benefits, including a Health Spending Account

Flexible work program

Wellness support, including annual wellness allowance and paid personal care days

Paid vacation and vacation purchasing

Personal and professional development opportunities

Named one of Canada\xe2\x80\x99s Top 100 Employers for six consecutive years

Your Roles and Responsibilities:

Perform both spot and term trading within our North American businesses.

Drive value organizationally by trading around our refineries production length and shortfalls to maximize earnings and ensure supply chain reliability.

Articulate complex concepts to stakeholders in support of trading strategies and recommendations.

Develop and monitor new relationships with customers and suppliers through a solid understanding of the value of long-term customers; provide exceptional customer service practices.

Build and maintain strong customer relationships through both in person and virtual contacts, phone, MS Teams, emails, etc.

Develop and execute negotiation strategies.

Ensure compliance with applicable internal policies and regulatory standards with respect to trading.

Perform other duties as required to maintain and enhance departmental productivity.

Able to work extended hours occasionally during times of critical operational challenges.

Professional skills

Understanding of operations and commodity risk management principles.

Strong analytical skills and able to solve problems.

Negotiation and contract experience.

Awareness of basic legal and regulatory principles as it relates to trading and Irving Oil proprietary business.

Working knowledge of the supply chain and its components.

Able to work and make progress in a sometimes ambiguous environment.

Team player with strong communication, decision making, and collaboration skills

Proven ability to build strong relationships, both internal and external.

Thrive on working in a high pressure environment with tight deadlines.

Strong presentation skills

Travel

Travel up to 15% of your time is required in this position (adhering to all restrictions and protocols due to Covid; employee safety comes first).

Education and experience

Post-secondary education in business or related experience.

Previous work experience with Supply Planning and / or Trading teams.

1-2 years of experience in the trading industry is a definite asset.

Commercial experience is an asset.

Experience in oil and products markets analysis is an asset.

Irving Oil supports a diverse and inclusive work environment and welcomes applications from all qualified applicants.

Job Requirements - Work Experience Supply Chain, Trading

Job Requirements - Education Bachelors: Business Administration

Location Saint John, NB

Irving Oil