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Crude Oil Trader

Added on 01/01/2024
Salary £120,000 - £160,000
Job Type Full-time
Location Uxbridge

Full Description

Full Description

£120,000 to £160,000 (depending on experience) + Bonus + Benefits

Our client, a Commodity Trading company, are looking for recruit a Crude Oil Trader to join the team.

Job Purpose:

The successful candidate will have responsibility for developing the team Mediterranean and North Sea crude oil trading book and managing effectively, the associated trading risks.

Key Responsibilities:

  • Responsible for managing the Med and North Sea crude oil trading strategies and develop the related marketing and trading opportunities in these markets
  • Liaising with relevant teams to ensure the successful execution of physical and financial trades
  • Establish, develop, and maintain strong relationships with suppliers, clients and other counterparties in Med and European markets
  • Deliver performance to meet the annual crude oil purchase and sales performance targets
  • Responsible for the efficient execution of the end-to-end process of negotiating business contract terms, the review of contract texts, coordinating contract approval and execution and risk management
  • Maintain and strengthen existing client relationships by regularly visiting them to establish their requirements and understand their future supply and demand potential, enabling the company to offer new business solutions
  • Undertake market research and evaluate new opportunities and the development of new clients, markets, new varieties and models in the Med
  • Responsibility for ensuring that all trading undertaken is within the authority of the role and company guidelines and standards.
  • Ensure that all activities are carried out in compliance with the company’s internal business processes and internal controls management system.
  • The post holder is required to undertake any tasks which may reasonably be expected within the scope of the role
  • Be willing to travel internationally when required

Core Competencies:

  • The ability to communicate effectively across all levels of the company
  • Experience of presenting ideas and opinions, written and verbally with clarity and confidence
  • A self-starter with excellent organisational skills
  • Possess outstanding analytical and problem-solving abilities
  • Demonstrate an enthusiastic outlook and the ability to motivate staff
  • Demonstrable leadership abilities and teamwork behaviours
  • Additional language skills would be advantageous