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Oil Trading Analyst

Added on 31/01/2023
Salary £75,000 - £90,000 p.a. + Bonus
Job Type Hybrid
Location London

Full Description

A leading global commodity trading firm with offices across Europe, Asia and South America.

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 “cargotracking” 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 Beijing and Singapore 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

Personal Specification

  • 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