Trader, MTBE

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polypropylene compounds and the largest licensor of polyolefin technologies. In 2021, LyondellBasell was named to Fortune Magazine's list of the 'World's Most Admired Companies' for the fourth consecutive year.



Basic Function

The purpose of the job is to support the execution of MTBE commercial strategies to maximize value in the TBA chain. Key functions include trading, hedging program support, market monitoring and reporting, and providing support for commercial, business development & advocacy projects.



Roles & Responsibilities

  • Trade MTBE so that maximum value of traded product is obtained. Responsible for total trades up to 500 kt/ $500 MM annually.
  • Develop and execute short and mid-term trading plan in close coordination with Marketing Manager
  • Monitor and participate in daily Platt's USGC MTBE trading window
  • Execute MTBE hedging strategies as directed by Business Management
  • Analyze and report on trade activities for US MTBE & support daily fuels market reporting, including
  • Demand and customer intelligence
  • Competitor intelligence
  • Arbitrage analysis
  • Maintain U.S. MTBE Trade log and USGC Platt's MTBE financial exposure monitoring for LYB TBA chain
  • Support analysis for import/export optimization
  • Interface with Supply Chain to ensure smooth transport of materials to customers
  • Work closely with counterparts in Europe and Asia to optimize global MTBE trade for LYB
  • Support business development and advocacy initiatives, such as product specification changes & standardization, lifecycle analysis, Mexico truck and rail customer cultivation
  • Support ISCC Process requirements


Min. Qualifications

  • Bachelor or advanced degree in Business Management, Engineering or related field
  • Seven or more years in the fuels or petrochemical industry, ideally experience in a commodity market of which three or more years in trading, commercial, business analytics, or scheduling position
  • Excellent planning, analysis, and reporting skills
  • Good negotiator with excellent communication skills
  • Knowledge of scheduling and logistics processes
  • Excellent teamwork, with ability to pivot between multiple priorities
  • Open for new developments and opportunities
  • Results and value oriented, with good financial acumen
  • Demonstrated capability to organize processes with multiple stakeholders


Preferred Qualifications

  • Previous trading experience
  • Knowledge of fuels markets and participants
  • Bi-lingual


Competencies

Builds effective teamsCollaboratesCultivates innovationCustomer focusDemonstrates courageDrives resultsEnsures accountabilityInstills trust and exemplifies integrity

Must be at least 18 years of age and must be legally authorized to work in the United States (US) on a permanent basis without visa sponsorship.

LyondellBasell does not accept or retain unsolicited résumés or phone calls and/or respond to them or to any third party representing job seekers.

LyondellBasell is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, veteran status, and other protected characteristics. The US EEO is the Law poster is available here.


Nearest Major Market: Houston



Company
LyondellBasell
Posted
10/06/2021
Type
Full time
Salary Range
$85,000.00 - 177,000.00
per Year
Salary range estimated by
Location
Houston, TX 77246, US
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