Light Distillates Trader

Get AI-powered advice on this job and more exclusive features.Responsibilities: Trading Developing and executing asset-backed trading strategies.Negotiating and concluding market transactions on a spot and term basis within the strategy, mandate, and risk policy.Liaising with charterers in shipping and operations to ensure safe and efficient physical movements.Developing and maintaining counterparty relationships.Tracking and communicating market developments, including supply and demand balances and competitor activities, to the team.Developing and presenting analysis to management to support trading decisions.Hedging Developing hedging strategies for storage tanks, gasoline blending components, and gasoline, aligned with risk policy.Executing and monitoring hedging activities.Monitoring market analysis, risk, geopolitical events, and market swings in oil and distillates markets.Entering transaction details into internal trading systems accurately and promptly.Blending Providing insights and support for developing long-term trading strategies for components and products.Knowledge and Skills: Advanced knowledge of the light distillate market and market players.Understanding of oil market fundamentals and analysis.Strong communication skills for stakeholder reporting and relationship management.Knowledge of derivative instruments for hedging.Experience with refining operations is beneficial.Proficiency with IT software and trading systems (e.g., CTRM, Bloomberg).Education: Degree in Mathematics, Science, Finance, or Economics preferred.Experience: 8-10+ years of front-line trading experience with proven P&L accountability.Experience trading light distillates like gasoline and LPG.Proven track record of delivery.Highly numerate with strong analytical skills and a risk appetite.Ability to build relationships and negotiate effectively with stakeholders.Additional Details: Seniority level: Associate Employment type: Full-time Job function: Supply Chain Industry: Oil and Gas This job is active and accepting applications.#J-18808-Ljbffr