Oil Trader Specialist
4 days ago
About Rock Petroleum
We are a leading company in the supply of resources to power the planet. Established in 2018, our team of experienced professionals is dedicated to stakeholder value creation.
Job Summary: We are seeking an experienced and dynamic Commodity Trading Expert to join our trading team. The primary responsibility will be sourcing, purchasing, and selling physical oil products, ensuring the best commercial deals, and managing the end-to-end supply chain.
Job Responsibilities:
- Commodity Market Analysis: Analyze global oil markets with a focus on commodities trading. Assess supply/demand fundamentals, price trends, and geopolitical events to identify profitable trading opportunities.
- Sourcing and Trading: Negotiate and execute trades for physical oil products (crude oil and refined commodities). Build and maintain strong relationships with suppliers, refineries, and end users.
- Logistics and Supply Chain Management: Coordinate with logistics teams to ensure seamless movement of oil commodities, including tank-to-tank transfers, vessel chartering, and storage management.
- Risk Management: Monitor and manage risks associated with physical commodity trading, including market, credit, and operational risks. Implement hedging strategies where necessary.
- Contract Negotiation: Lead negotiations on trade contracts, ensuring favorable terms for delivery, pricing, and quality.
- Compliance and Documentation: Ensure all trades comply with international regulations and internal policies. Maintain accurate trade documentation, contracts, and shipping details.
- Performance Monitoring: Track and assess the performance and profitability of trades, making timely adjustments to strategies as required.
- Collaboration: Work closely with finance, legal, and logistics teams to manage the entire lifecycle of trades and optimize operational efficiency.
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