Oil Operator

4 weeks ago

Dubai, Dubai, United Arab Emirates Trafigura Group Full time

Main Purpose:Physical oil products operations and trader support. Co-ordinates all aspects of the post-deal trading activity to ensure contract execution runs smoothly. Provide commercial/market information to the trader as necessary.Knowledge Skills and Abilities, Key Responsibilities:Review and comment on contracts/tenders to ensure consistency with the trade ticket / recap.Execute daily operational activities:Voyage orders / LOI's to Ship-ownerReview stowage plansMonitor progress of the vessel during voyagesAppoint third party providers in line with group policyObtain clean acceptance of vessels on subjects and notify Chartering of progressCheck freight calculations against C/P and arrange timely paymentLiaise/coordinate with Finance, providing them with accurate and timely data needed for issuing of L/C's and obtaining P/UsIssue documentary instructions to supplierHandle all aspects of customs exportation/importation where applicableEnsure timely invoicing/payment of cargoesMonitor accounts receivables and issue interest invoices where applicableMaintain good contract and shipping files (electronically)Ensure that Pluto is updated regularly and at all times reflects the latest information available / exceptions are kept to a minimumPrepare cargo/charterer liability insurance declarations in a timely manner (where applicable)Complete voyage reconciliations to identify loss/gain differences for each operationMonitor and advise deals desk of all costs related with each transaction (P&L awareness)Ensure operations are optimized to best commercial advantage ensuring all contractual obligations are met (e.g. minimizing/maximizing of volumes / reducing demurrage exposure).Manage storage logistics. Complete storage reconciliations and identify and investigate loss/gain differences.Maximize recoveries and ensure that all claims to third parties are correctly documented and presented. Secure payment of third party claims.Maintain good working practices with other trade support divisions – claims / deals desk / trade finance / chartering.Establish and/or maintain good working relationships with contractual operations counterparts / third party service providers on a regular basis.Follow strictly internal procedures and company's policies. Adhere to Trafigura's Code of Conduct / HSEC Policy and Business Principles.Identify and escalate operational issues to Regional Manager seeking guidance as appropriate.Must have experience working in AG region.Four years minimum of physical oil operations experience.Able to interpret the operational requirements of each contract, can review and comment on operational aspects of same. Understands the basic legal framework supporting oil contracts. Can interpret the basics of a charter party against the interacting oil contract.Has a good understanding of common ship operations and terminology. Able to ensure satisfactory commercial operation of vessels under minimal supervision.Has a good understanding of relevant petroleum product specifications, analytical methods, laboratory precision and inspection procedures.Has a good understanding of the different types of financial instruments, their uses and the importance of LOIs and shipping documents within the process.Key Relationships and Department Overview:Reports to Dubai Operations Team Leader.About UsAt the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Metals and Minerals, Oil & Petroleum Products and Gas, Power and Renewables, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. We are committed to responsible business practices and we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 12,000 people working across more than 60 offices. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nalo Renewables, investing in wind, solar and battery storage projects.#J-18808-Ljbffr

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