Trader - Middle Distillates
$160K - $240K/yr
Trading Jobs Worker Type: Regular Posting Start Date: May 19, 2026 Business Unit: Trading and ... discretionary long-term incentives. For interns, eligible benefits include medical, dental, and ...
$160K - $240K/yr
Trading Jobs Worker Type: Regular Posting Start Date: May 19, 2026 Business Unit: Trading and ... discretionary long-term incentives. For interns, eligible benefits include medical, dental, and ...
$160K - $240K/yr
Trading Jobs Worker Type: Regular Posting Start Date: May 19, 2026 Business Unit: Trading and ... discretionary long-term incentives. For interns, eligible benefits include medical, dental, and ...
$160K - $240K/yr
Trading Jobs Worker Type: Regular Posting Start Date: May 19, 2026 Business Unit: Trading and ... discretionary long-term incentives. For interns, eligible benefits include medical, dental, and ...
$160K - $240K/yr
Trading Jobs Worker Type: Regular Posting Start Date: May 19, 2026 Business Unit: Trading and ... discretionary long-term incentives. For interns, eligible benefits include medical, dental, and ...
Manhattan, NY · On-site
$100K - $150K/yr
Prior internship or full-time experience in a trading or quantitative research role. Full Time ... discretionary incentive and retention bonus, competitive employee benefits, including: medical ...
Manhattan, NY · On-site
$100K - $150K/yr
Prior internship or full-time experience in a trading or quantitative research role. Full Time ... discretionary incentive and retention bonus, competitive employee benefits, including: medical ...
$100K - $150K/yr
Prior internship or fulltime experience in a trading or quantitative research role. Full Time ... discretionary incentive and retention bonus, competitive employee benefits, including: medical ...
$100K - $150K/yr
Prior internship or fulltime experience in a trading or quantitative research role. Full Time ... discretionary incentive and retention bonus, competitive employee benefits, including: medical ...
SMB Capital - Junior Quantitative Trading Internship - Summer 2026 Location: In-person only - New ... trader through the integration of technical, quantitative, and discretionary edge. * Ongoing ...
SMB Capital - Junior Quantitative Trading Internship - Summer 2026 Location: In-person only - New ... trader through the integration of technical, quantitative, and discretionary edge. * Ongoing ...
$80K - $150K/yr
Internship or coursework related to financial markets, trading, or quantitative finance (preferred ... discretionary incentives. Please click here for a list of benefits for which this position is ...
$80K - $150K/yr
Internship or coursework related to financial markets, trading, or quantitative finance (preferred ... discretionary incentives. Please click here for a list of benefits for which this position is ...
Internship or prior experience on a trading desk or in trading technology Please Note: Applicants ... Along with base compensation, other compensation is offered such as a discretionary bonus, 401k ...
Internship or prior experience on a trading desk or in trading technology Please Note: Applicants ... Along with base compensation, other compensation is offered such as a discretionary bonus, 401k ...
Internship or prior experience on a trading desk or in trading technology Please Note: Applicants ... Along with base compensation, other compensation is offered such as a discretionary bonus, 401k ...
Internship or prior experience on a trading desk or in trading technology Please Note: Applicants ... Along with base compensation, other compensation is offered such as a discretionary bonus, 401k ...
Cleveland, OH · On-site
$80K - $150K/yr
Internship or coursework related to financial markets, trading, or quantitative finance (preferred ... discretionary incentives. Please click here for a list of benefits for which this position is ...
Cleveland, OH · On-site
$80K - $150K/yr
Internship or coursework related to financial markets, trading, or quantitative finance (preferred ... discretionary incentives. Please click here for a list of benefits for which this position is ...
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
Houston, TX · On-site
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
Houston, TX · On-site
$14.25 - $18.50/hr
As a Fall Off-Cycle Analyst in the Commodities Trading Internship Program, you will gain direct ... Those in eligible roles may receive commission-based pay and/or discretionary incentive ...
Chicago, IL · On-site
$85K - $125K/yr
... technical role (internships or projects count!) * Bachelor's degree in Computer Science ... Responding to trader and engineer request with both urgency and understanding of the bigger ...
Chicago, IL · On-site
$85K - $125K/yr
... technical role (internships or projects count!) * Bachelor's degree in Computer Science ... Responding to trader and engineer request with both urgency and understanding of the bigger ...
Chicago, IL · On-site
$225K/yr
Architect and develop an ML focused research project based on a real-world trading environment ... discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US ...
Chicago, IL · On-site
$225K/yr
Architect and develop an ML focused research project based on a real-world trading environment ... discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US ...
Architect and develop an ML focused research project based on a real-world trading environment ... discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US ...
Architect and develop an ML focused research project based on a real-world trading environment ... discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US ...
Miami, FL · On-site
$50K/yr
... discretionary, grounded in both quantitative rigor and qualitative insight. With a strong ... Interns will play a meaningful role in advancing quantitative research projects that drive real ...
Miami, FL · On-site
$50K/yr
... discretionary, grounded in both quantitative rigor and qualitative insight. With a strong ... Interns will play a meaningful role in advancing quantitative research projects that drive real ...
... discretionary, grounded in both quantitative rigor and qualitative insight. With a strong ... Interns will play a meaningful role in advancing quantitative research projects that drive real ...
... discretionary, grounded in both quantitative rigor and qualitative insight. With a strong ... Interns will play a meaningful role in advancing quantitative research projects that drive real ...
New York, NY · On-site
$125K - $175K/yr
... discretionary trading decisions. The Fundamental Volatility Analyst will develop a disciplined research-driven approach towards utilizing fundamental research to identify, research and implement ...
New York, NY · On-site
$125K - $175K/yr
... discretionary trading decisions. The Fundamental Volatility Analyst will develop a disciplined research-driven approach towards utilizing fundamental research to identify, research and implement ...
New York, NY · On-site
$125K - $175K/yr
... discretionary trading decisions. The Fundamental Volatility Analyst will develop a disciplined research-driven approach towards utilizing fundamental research to identify, research and implement ...
New York, NY · On-site
$125K - $175K/yr
... discretionary trading decisions. The Fundamental Volatility Analyst will develop a disciplined research-driven approach towards utilizing fundamental research to identify, research and implement ...
New York, NY · On-site
$95K - $100K/yr
Deliver day-to-day operational support across Global Markets and GCIB trading floors * Serve as ... Support campus recruiting efforts including interns and campus hires * Partner with senior ...
New York, NY · On-site
$95K - $100K/yr
Deliver day-to-day operational support across Global Markets and GCIB trading floors * Serve as ... Support campus recruiting efforts including interns and campus hires * Partner with senior ...
$8.65 - $9.86
2% of jobs
$9.86 - $11.06
4% of jobs
$11.06 - $12.26
14% of jobs
$12.72 is the 25th percentile. Wages below this are outliers.
$12.26 - $13.46
12% of jobs
$13.46 - $14.66
15% of jobs
The median wage is $14.84 / hr.
$14.66 - $15.87
18% of jobs
$17.03 is the 75th percentile. Wages above this are outliers.
$15.87 - $17.07
10% of jobs
$17.07 - $18.27
6% of jobs
$18.27 - $19.47
8% of jobs
$19.47 - $20.67
5% of jobs
$20.67 - $21.87
5% of jobs
$8
$15
$21
| Aspect | Internship Discretionary Trader | Algorithmic Trader |
|---|---|---|
| Credentials | Typically pursuing or holding a finance or related degree; some firms require licenses like Series 7 or 63 | Similar credentials; often requires programming skills and quantitative background |
| Work Environment | Office-based, supervised, and learning-focused during internship | High-tech, data-driven, often collaborative with quantitative teams |
| Industry Usage | Common in trading firms, investment banks, hedge funds | Prevalent in quantitative trading firms, hedge funds, proprietary trading desks |
Internship Discretionary Traders focus on manual trading decisions based on market analysis, often under supervision, while Algorithmic Traders develop and implement automated trading algorithms. Both roles require financial knowledge, but Algorithmic Traders emphasize programming and quantitative skills. The internship provides foundational experience, whereas algorithmic trading involves advanced technical expertise.

$160K - $240K/yr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 24 days ago
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Job Description:
What's the role?
The purpose of the Trading & Supply Products business is to maximize sustained value creation in oil products markets with effective management of HSSE performance and the necessary controls for regulated business activities, in support of overarching Downstream objectives of material cash generation and high return on capital.
The scope of the Trading and Supply (T&S) business encompasses all activities globally from lifting fuel components/products from equity refining and purchasing fuel components/products from third parties, to delivering finished products to branded Marketing businesses and selling fuel products/components to counterparties, including global proprietary trading of fuels components/products.
What you'll be doing
You will primarily be responsible for trading Middle Distillates across the Americas and will be part of the Global Middle Distillates desk. In addition, as a trader on the desk, you will work closely with both local and global teams to formulate and execute trading strategies for the products under your responsibility.
Grow and manage the Americas Middle Distillate business, contributing to the Global Middle Distillates trading group and broader group targets through added-value and integrative activities
Manage a portfolio/trading book and take accountability for P&L of defined area. Trade physical and financial products typically for a single commodity/ geographic region
Maintain the overview of the risk position for the relevant book and coordinate with mid-office to resolve any issues
Take full accountability for the profitability of a deal throughout the life of the deal
Improve and optimize existing supply flows and devise or implement new value propositions
Gather and share valuable market and competitive intelligence across product groups and locations
Work closely with the internal regional stakeholders on supply and sourcing strategies
Manage the details of complex price exposure correctly and skilfully
Drive Short-/Medium-Term Business Development (BD) Agenda, working alongside the business development/origination teams
What you bring
The candidate must have legal authorization to work in the US on a full-time basis
Bachelor's degree or equivalent relevant experience required
At least 3 years of physical oil trading experience, with proven record of P&L ownership and confidence to perform
Ability to develop fundamentally based trading strategies as well as technical trading strategies to increase value generation on multiple levels
Consistently demonstrated strong commercial acumen and astute focus on bottom-line profitability, inquisitive, with the ability to analyze and drill into details
Highly numerate with good analytical capacities and have a healthy appetite for risk
Creative in identifying, assessing and delivering opportunities
Collaborative and team player
Ability to develop strong relationships with a wide range of stakeholders, effective communication skills to influence with all levels in the organization and across cultures
Proven track record in interacting and managing customers and other stakeholders with strong outcomes in negotiating, concluding and operating deals and partnerships
Excellent understanding of price exposure management
An independent, self-starter attitude, strong work ethos and professional maturity are necessary to succeed in this role
Strong desire to develop their career in a fast-paced and evolving commercial environment
What we offer
The base salary range for this position is $160,000 - $240,000 per year. Individual pay will be based on various factors such as relevant work experience, education, certifications, skill level, seniority, and internal equity.
For regular full-time or regular part-time employees of the Company (participating companies as listed in the Summary Plan Description), insurance coverage options include medical, dental, vision coverage, life Insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs. Employees also participate in a company pension plan and a 401(k) plan. Paid leave includes up to 6 weeks of paid vacation time, up to 11 paid holidays, and parental leave offering 16 weeks of paid leave for birthing parents, and 8 weeks of paid leave for non-birthing parents.
Additionally, employees are eligible for short-term disability leave for up to 26 weeks at 100% or 50% of base pay as well as Long-Term Disability insurance. Shell also offers other compensation such financial reimbursement for adoption, wellness, education, and personal learning expenses, and some roles are eligible for discretionary long-term incentives. For interns, eligible benefits include medical, dental, and vision coverage, life insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs; participation in a 401(k) plan; and paid leave for up to 11 paid holidays. Additional information on Shell's US benefit programs can be found at https://www.shell.us/careers/about-careers-at-shell/rewards-and-benefits.html.
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You'll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another.
You'll be able to balance your priorities as you become the best version of yourself.
Progress as a person as we work on the energy transition together
Continuously grow the transferable skills you need to get ahead
Work at the forefront of technology, trends, and practices
Collaborate with experienced colleagues with unique expertise
Achieve your balance in a values-led culture that encourages you to be the best version of yourself
Perform at your best with a competitive starting salary and annual performance related salary increase - our pay and benefits packages are considered to be among the best in the world
Take advantage of paid parental leave, including for non-birthing parents
Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply
Grow as you progress through diverse career opportunities in national and international teams
Gain access to a wide range of training and development programmes
We'd like you to know that Shell has a bold goal: to become one of the world's most diverse and inclusive companies. You can get to know more about how we're working towards that goal, click here.
Shell in The United States
Shell has been in the US for more than 100 years, leading the sector in energy, petrochemicals and refined products. Today, we provide millions of Americans with the energy needed to heat and cool their homes and power the economy.
We operate in all 50 states, from our Deep-Water platforms in the Gulf of America to the Pennsylvania Chemicals complex and our miles of pipelines throughout the US.
We reach our customers through our 13,000 branded retail stations, and we are number 1 in gasoline sales. We also own the #1 brand of motor oil in the U.S. - Pennzoil - made from natural gas.
We are excited to play a key role in the move to net carbon emissions while providing the oil and gas needed by society for many decades to come.
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