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Trading Operator, Oil and Gas Services
2 weeks ago
- Job ID: 77022
- Employment Type: Full Time
- Reference:
- CTC Salary: 45.00 LPA TO 45.00 LPA
- Function: Sales / BD
- Industry: Oil and Gas/Petroleum
- Location:
- Dubai
- Uae
Also, these things will be briefly discussed during the interview.
Company Name - International Company for Oil & Gas Services
Location - UAE
Trading Operator Job Title:
Trading Operator
Contract type:
Permanent
Location:
Dubai
Salary:
Negotiable
Duties & Responsibilities:
Contract Management
- Ensure operations do not start (including providing nominations) until a written contract has been sent out or received from the counterparty as appropriate; where no contract is in place then the required exemption should be obtained.
- Check trader deal sheet / recap against contract, contact traders for corrections in case of discrepancies.
- Read and understand the contractual content, terms and conditions.
- Issue instructions to the relevant counterparties to execute the final contract, plus any amendments.
Financial Security
- Ensure no delivery is executed without adequate financial security in place as specified in the contract.
- Timely instruction for issuance of outgoing invoice/process of incoming invoices.
Cargo Management
- Nominate vessels under the contract agreed by the trader.
- Issue documentary instructions to meet letter of credit (LC), customs and contractual requirements.
- Issue custom declarations (where applicable).
- Appoint inspectors for Quality and Quantity (Q&Q) as per contractual requirements and other measures/analyses requested by traders.
- Process purchase, sale and services invoices.
- Storage/Terminal management (where applicable).
Commercial Understanding
- Fully understand how each deal is priced and ensure pricing events are managed correctly.
- Basic understanding of hedging and the exposure on each cargo.
- Good commercial awareness in Operations (e.g volume tolerances, freight economics, demurrage savings, price exposure).
Vessel Management
- Clear the vessel with terminal and counterparties and vetting process through Charterers.
- Read and understand the fixtures.
- Issue instructions to the vessel on voyage orders / agents appointed / LOIs.
- Process all shipping invoices.
Insurance & Claims
- Quality and Quantity Claims Management
- Auxiliary Claims Management
- In the event of any issues during execution of the contract, collect / coordinate documents, and correspondence with Insurance company as required.
Coordination and Data Input
- Ensure correct and timely input of all details concerning the deal into trading system
- Creation of Operators Files.
- Ensure the deal in the system is correct and matches final contractual terms.
- Enter and update vessel movements, event dates, Q & Q.
- Enter and update details for invoicing of goods plus costs for services.
- Maintenance and cleaning of cost accruals.
- Ensure pricing details are correct, to enable prompt invoicing.
- Timely issuance of outgoing invoices.
- Check and allocate incoming invoices for cargoes and related costs. Knowledge,
Skills & Abilities:
- Bachelor's degree
- A minimum of 5 to 7 years' experience in commodities trading, cargo and / or shipping operations in refined products or crude.
- Knowledge of the international trading environment, operational experience in West Africa / Arabian Gulf / Singapore / Malaysia a plus.
- Knowledge of operational and financial procedures.
- Strong organization skills and ability to manage priorities.
- Good negotiation skills and ability to build productive relationships.
- Excellent communication skills with the ability to give (and receive) accurate instructions in a written and verbal form.
- Demonstrate versatility; ability to adapt to situations and resolve problems quickly.
- Autonomous, proactive and continuously thinking ahead.
- Assertive, with the ability to motivate others.
- Competency in complex structured deals.
- Good judgment skills and ability to come up with solutions, while minimizing risk and optimizing the company's interests.
- Strong analytical skills.
- Knowledge of Microsoft Office Suite especially Excel
Key Skills:
- Trading Operator
- Oil And Gas
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