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🥝 Physical Oil Trader - Vice President

JPMorgan Chase | Houston, United States | Posted June 22, 2026

Job Description

The commodities team collaborates and partner across Origination, Risk, Logistics, Legal, and Middle/Back Office to drive commercial outcomes and control performance.
**Job Summary**

As a Vice President in the Commodities Oil Trading team, you will own market exposure, pricing, and the economic performance of structured and physical positions. You will ensure all trades are optimized, appropriately hedged, and compliant with risk limits.

**Job Responsibilities**

+ Support origination by developing full transaction economics, pricing, and hedge structures.
+ Define market-risk management strategies across futures, swaps, and differential hedging.
+ Contribute to commercial term drafting that affects pricing, title transfer, incoterms, and exposure mechanics.
+ Set and validate product pricing differentials relative to the index used for hedging.
+ Execute and manage hedges; monitor and optimize daily position exposure.
+ Track P&L drive...

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