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Crude Oil Trading Analyst

Added on 31/01/2023
Salary £70,000 - £90,000 p.a. + Performance Bonus
Job Type Hybrid
Location London

Full Description

The Trading Analyst will report into the Head of Supply Trading and Operations, this role is to support the supply and trading desks with market leading analysis and relevant data for all products.
The role is varied and interacts with operations, finance and trading teams and includes tasks such as:

Responsibilities will include:

  • Undertaking analysis of client and market data to assist in developing and executing trades
  • Data entry including physical purchases/sales, hedges, freight and logistics costs, any other additional cost related to each transaction
  • Cargo Tracking including the setup, maintenance and improvement of a “cargo tracking” excel sheet (vessels b/l, destination, ws rate)
  • P&L reconciliation – dealing with Middle Office where required
  • Market analysis (supply and demand, global crack spreads, margins)
  • The production of internal trading activity reports
  • Daily updating of internal excel sheets, reflecting the market structure (time spreads)
  • Arb and crack calculations.
  • Tracking refinery turnarounds
  • Risk management and market monitoring
  • Dealing with shipping team, other trading desks and the crude oil team in Asia as instructed by traders
  • Dealing with counterparties as instructed by traders
  • Adherence to internal company policies and procedures, ensuring that appropriate records are maintained for internal and external compliance inspections, planning analysis and audit processes Undertake other duties, commensurate to the role in the development of my client’s crude oil business in the region

Requirement

  • Bachelor’s degree or equivalent in the following disciplines preferred: Engineering, Economics, Business Administration, Maths, or Physics
  • Possess strong quantitative and programming skills
  • Demonstrable drive, innovation and a genuine interest in energy trading
  • Advanced knowledge of Microsoft Office
  • Flexibility to operate in challenging environment
  • Organized and have good attention to detail
  • Ability to work in a results-oriented environment and capable of working under pressure and to tight deadlines
  • Excellent interpersonal communication and customer relationship skills
  • Effective customer service skills