Trading Operator, Oil and Gas Services

3 months ago

Dubai, United Arab Emirates Talent Leads HR Solutions Full time

Opening: 1 Nos.
- Job ID: 77022
- Employment Type: Full Time
- Reference:

- Work Experience: 5.0 Year(s) To 7.0 Year(s)
- CTC Salary: 45.00 LPA TO 45.00 LPA
- Function: Sales / BD
- Industry: Oil and Gas/Petroleum
- Location:

- Dubai
- Uae
**Our remote work arrangement is rather simple: the employee will be hired directly and will be required to work remotely for us, since our company is based and operates here in the United Arab Emirates, the employee must be able to work in UAE working days and times.

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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