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Dubai, Dubai, United Arab Emirates Venture Search Full time

We are seeking an experienced Refined Product Trader to manage and expand our refined product trading activities. The successful candidate will play a crucial role in executing trading strategies, managing portfolios, and identifying new business opportunities within the refined products market. This role requires a deep understanding of the market dynamics, strong negotiation skills, and the ability to operate effectively in a fast-paced environment.

Key Responsibilities:

  1. Trading and Execution:
    • Execute trades and manage positions for refined petroleum products, including gasoline, diesel, jet fuel, and other refined products.
    • Develop and implement trading strategies to optimize profitability and manage risk.
    • Monitor market trends, supply and demand dynamics, and price movements to inform trading decisions.
  2. Market Analysis and Intelligence:
    • Conduct thorough market analysis and research to identify trading opportunities and market trends.
    • Develop and maintain relationships with key market participants, including suppliers, buyers, and brokers.
    • Provide regular market reports and insights to senior management.
  3. Portfolio Management:
    • Manage trading portfolios to ensure optimal performance and risk management.
    • Oversee inventory management, logistics, and transportation to ensure timely delivery and cost efficiency.
    • Evaluate and manage counterparty risk and ensure compliance with internal policies and regulatory requirements.
  4. Business Development:
    • Identify and pursue new business opportunities and market expansions in the refined products sector.
    • Negotiate and finalize trading contracts and agreements with clients and partners.
    • Collaborate with other departments to support overall business growth and objectives.
  5. Regulatory Compliance:
    • Ensure adherence to all relevant regulations and industry standards related to trading and market activities.
    • Maintain accurate and timely documentation and reporting in compliance with regulatory requirements.