Manager, Trading

Equinor

$130K — $180K *
Energy & Utilities
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics or a directly related field
  • 13 years of experience in NGL energy trading
  • 8 years trading Edmonton Condensate on the Fort Saskatchewan Pipeline System
  • 8 years trading C5 in the Mont Belvieu NGL complex
  • 5 years managing an LPG export program of 3+ Million MT annually

Responsibilities

  • Lead marketing and trading of physical NGL and refined products
  • Serve in a lead role in global cargo arbitrage
  • Trade financial derivatives for asset optimization
  • Develop and implement trading strategies and negotiate deals
  • Manage pricing exposures and provide market insights
  • Collaborate with stakeholders across various functions
  • Ensure compliance with regulations and maintain safety standards

Benefits

  • Career development from day one with various learning opportunities
  • Comprehensive benefits package with parental leave and bonus scheme
  • Flexible work arrangements to support work-life balance
  • Inclusive culture that values diversity and acceptance
Full Job Description
Important! To make sure your application is considered, please submit it before the end of the day on (dd.mm.yyyy):
19.06.2026
We encourage candidates to apply as soon as possible.

What does the job involve?
See below.

What will my tasks be?

Within this position, your key tasks will be to:

Duties: The Manager Trading at Equinor U.S. Operations LLC in Houston, TX will be responsible for Marketing and Trading of Equity and 3rd party physical NGL and Refined Product flows, both Globally and within the Americas. Serve in lead role in Equinor's global cargo arbitrage business. Serve in lead role in a new Global Financial Trading initiative. Trade financial derivates for hedging and optimization of asset optionality. Develop and implement trading strategies, plan, and lead negotiations. Manage pricing exposures based on market views and information. Collaborate with traders in other offices and provide market insight from an Americas perspective. Work closely with Origination to develop long-term export opportunities from North America in line with the Global LPG asset backed trading strategy. Collaborate with Risk, Operations, Asset Management, and other stakeholders. Maintain and develop key customer relationships. Participate and lead project teams and business development initiatives. Optimize value and utilization of assets (pipeline, rail, barges, refrigerated vessels and storage positions, etc.). Timely and accurate deal entry of all deals into trade capture systems. Responsibility for P&L reporting and explanation. Ensure safe, reliable, and efficient operations of marketing, shipping, and trading activities. Understand and comply with all rules and regulations regarding commercial marketing and trading activities. 30 % domestic and international travel is required.

Here's what we expect from you:

At Equinor, there are some overall qualities we regard as essential. We want you to identify with the values that guide our decisions and help us succeed and grow: open, collaborative, courageous and caring. We expect you to make safety your priority and to contribute to our zero-harm culture. And for this specific position, we are also looking for:

Requirements: Bachelor's degree in Finance, Economics or a directly related field, plus 13 years of NGL energy trading experience. The thirteen years of experience must include at least eight years of experience with each of the following: (1) trading Edmonton Condensate on the Fort Saskatchewan Pipeline System; (2) trading C5 in the Mont Belvieu Natural Gas Liquids complex including the Lonestar, Enterprise and Targa Caverns; (3) trading with market participants for NGLs, Condensate and Canadian Crude Oil; (4) the CAPP Equalization Process and its effect on diluent value and Enbridge Quality specifications; and (5) trading with U.S. Gulf Coast Market participants for NGLs. Experience must also include at least five years of experience with each of the following: (1) sourcing Naphtha, LSR, or C5 via barge, vessel, or pipe into the Houston Ship Channel; (2) coordinating above ground tankage and batch injections into Explorer Pipeline; and (3) negotiating asset leases for cavern storage, above ground storage, pipeline commitments, and rail and truck terminals.

Experience must also include at least four years of experience with each of the following: (1) managing a LPG export program for a minimum of 3+ Million MT of LPG per year including: trading the physical cargo (FOB and CFR), identifying the optimal product mix, the highest paying international market as well as managing the associated arbitrage risk in the global waterborne markets; (2) managing freight positions by working with Vetting and Operations, negotiating Vessel Charters (both in and out), bidding for Panama Canal auctions, as well as optimizing an existing Term Charter Fleet of over 9 VLGC's; and (3) actively trading and hedging the arbitrage risk using LPG derivatives including each of the following:

  • Propane, OPIS Mt. Belvieu TET Futures
  • Propane, OPIS Mt. Belvieu Non-TET Futures
  • Propane, Argus Far East Index (AFEI) Futures
  • Propane, Argus Saudi CP Futures
  • Propane, Argus CIF ARA Futures
  • Butane, Argus Saudi CP Futures
  • Normal Butane, OPIS Mt. Belvieu Non-TET Futures
  • Iso Butane, OPIS Mt. Belvieu Non-TET Futures
  • Butane, Argus CIF ARA Futures
  • Naphtha CIF NWE Cargoes Futures
  • Naphtha C+F Japan Cargoes Futures
  • LPG (BLPG) FFA Middle East Gulf to East 44,000 MTS (Baltic) Futures
  • LPG (BLPG3) FFA Houston to Chiba (Baltic) Futures


Interested candidates can apply online at www.equinor.com, or by emailing a resume to [redacted] and reference job code 612.

What can we offer you?

We want you to have a rewarding and fulfilling work life. That's why we offer:

Not just a job - a career
In Equinor, your development begins on day one. You will build your competence through a wide range of learning activities while being empowered to build your career across multiple disciplines and geographies. Our internal job market allows a wide range of opportunities for development and growth within your own field, or even in other areas you find interesting and relevant.

Attractive rewards
We give you a comprehensive benefits package with a competitive salary, global parental leave, bonus scheme and pension plan.

Wellness and work-life balance
We care about and prioritise our employees' well-being. We know that for you to be the best version of yourself in the workplace, being able to collect your children, attend a class or simply enjoy social time can be invaluable. That's why we encourage you to make use of our flexible work arrangements wherever possible.

An inclusive culture
We believe embracing our differences makes us stronger. For us, true inclusion means being able to bring your whole self to work, and for you and everyone else to feel accepted and valued.

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