Fuel Oil Trader

4 weeks ago


Dubai, Dubai, United Arab Emirates Venture Search Full time

We are looking for an experienced and proactive Fuel Oil Trader to manage and expand our trading operations in fuel oil. The successful candidate will be responsible for executing trades, developing trading strategies, and identifying new business opportunities within the global fuel oil market. This role requires a deep understanding of market dynamics, strong analytical skills, and a proven track record in trading fuel oil.

Key Responsibilities:

  1. Trading and Execution:
    • Execute trades and manage positions for fuel oil, including various grades and specifications.
    • Develop and implement trading strategies to optimize profitability and manage risk.
    • Monitor market conditions, supply and demand trends, and price movements to make informed trading decisions.
  2. Market Analysis and Intelligence:
    • Conduct comprehensive market analysis to identify trading opportunities and market trends.
    • Maintain and leverage relationships with key market participants, including suppliers, buyers, and brokers.
    • Provide regular market insights and reports to senior management, highlighting key developments and strategic opportunities.
  3. Portfolio Management:
    • Oversee and manage a portfolio of fuel oil trades, ensuring optimal performance and risk management.
    • Coordinate with logistics and operations teams to ensure timely delivery and efficient handling of fuel oil shipments.
    • 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 fuel oil 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 compliance with all relevant regulations and industry standards related to fuel oil trading and market activities.
    • Maintain accurate and timely documentation and reporting in adherence to regulatory requirements.

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