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Fuel Oil Trader New
2 months ago
**Place**: Dubai - United Arab Emirates
**Publication Date**: 14/11/2023
**Ref**: AB008223
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**Job Details**:
Our Dubai office is currently looking to recruit a Fuel Oil Trader, on behalf of one of our clients, active in energy trading.
**Your mission**:
- Develop and execute fuel oil trades in accordance with market conditions and trading strategies
- Optimize trading positions to maximize profitability while managing risk
- Build and maintain relationships with fuel oil suppliers, refineries, and customers
- Negotiate and finalize supply contracts, ensuring favorable terms for the company
- Collaborate with internal teams to align trading activities with overall business objectives
- Assess and manage risks associated with fuel oil trading positions
- Stay vigilant to changes in market conditions and adjust trading strategies accordingly
- Prepare accurate and timely reports on trading activities, market trends, and performance metrics
- Maintain comprehensive documentation of trades and transactions for audit and compliance purposes
**Your profile**:
- Bachelor's degree in Business, Finance, Economics, or a related field
- Minimum of 10 years' experience as a Fuel Oil Trader and able to bring flows and a business plan
- Strong analytical and quantitative skills with the ability to interpret market data
- Excellent negotiation and communication skills
- Familiarity with risk management practices in commodities trading
- Ability to thrive in a fast-paced and dynamic trading environment
- Fluency in English (both written and spoken) any other language an asset
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