What you'll do
- Coordinate transactions to ensure refinery supply coverage and optimize sales pricing
- Perform trading transactions aligned with company’s MoA and refinery trading model to enhance profitability
- Design and perform real-time trading reporting and deal capturing using Amphora ETRM system
- Monitor company’s price exposure using management information systems
- Prepare tender documentation and handle contract negotiations following company guidelines and MoA
- Coordinate with Risk Analyst to generate and submit hedging options for selection
- Manage trading desk tasks according to business plan and budget targets
- Handle customer complaints and contract issues with counterparties within authority limits
Key requirements
- 3+ years' experience
- Trading Transactions and Deal Capturing and Reporting
- Price Exposure Monitoring using Amphora ETRM System
- Contract Negotiations and Hedging Options coordination
- Risk Analysis Coordination and Trading Desk Budgeting and KPIs management
- Microsoft Office Suite proficiency
- English Language Proficiency
- Finance / Engineering / Numerate Discipline / Accounting / Business Administration / Economicspreferred
About the job
We are looking to hire an Oil Trader to join our team.
During your day you will:
Coordinate transactions to ensure that Refinery Supply is covered as per the needs of the RSC and that all refinery products are sold at the best possible market price at any given moment
Perform trading transactions based on the company’s MoA and refinery trading model, aiming at trading over and above the refinery production and increasing the trading desk’s profitability
Design and perform real-time trading reporting and deal capturing, and monitor the company’s price exposure using the company’s MI systems (Amphora ETRM system)
Oversee the preparation of all necessary documents for tenders, according to specific guidance, and handle contract negotiations with other traders or oil companies (based on the company’s Manual of Authority - MoA); submit them for approval, highlighting main clauses and details that need to be reviewed
Coordinate with the Risk Analyst to generate all available hedging options relevant to the refinery trading model and submit them to the Book Leader for selection
Perform desk tasks based on given company targets and the business plan (desk’s budgeted CAPEX, OPEX, and relevant KPIs)
Manage customer complaints and contract issues with counterparties within a certain level of authority
What you need to stand out:
Bachelor’s Degree in degree preferably in Finance, Engineering or other numerate discipline
Master’s degree in Finance, Accounting, Business Administration, Economics (preferably – non compulsory)
At least 3 years’ professional trading experience, preferably for a large manufacturing, energy or oil company
Microsoft Office Suite
Excellent command of the English language, written and verbal
Familiarity with Amphora ETRM (not compulsory - preferably)
General Understanding of Derivatives and Hedging
