CALL: 0113 350 9514

Gasoline Trader – Leading Independent Trading house

Location:

Central London

Salary:

Competitive

Description:

Gasoline Trader – Leading Independent Trading house – Oil and gas trading jobs

An exciting new opportunity has arisen with an independent market leading trading house. They are looking for an experienced Gasoline Trader to join current Gasoline trading desk, due to an expansion. The role is located in Central London and the candidate will have extensive experience within the European Gasoline Market.

About the role

The Gasoline Trader will be responsible for developing profitable commercial opportunities within the Trading team. This requires developing strong relationships with producers, refiners, and transporters within the region of coverage; the ability to identify profitable opportunities in a competitive environment; the ability to develop a strong understanding of area-wide logistics; and identifying and managing the associated trading risks that these opportunities create.

Job Responsibilities

o Purchasing and Selling blend components and finished products for our clients system
o Monitoring price arbitrage opportunities for gasoline, gasoline related components and trading to capture opportunities.
o Developing and managing gasoline blending and storage positions utilizing storage locations.
o Utilizing the futures and derivative markets for inventory hedging and speculative trading.
o Evaluating markets, market trends and communicating with other Supply & Trading offices.
o Ensuring all trading activities are conducted within appropriate delegations of authority and conform to Risk Manual Guidelines.
o Negotiating term and spot contracts for sales and purchases of finished products and blend stocks.
o Ensuring each contract is performed in accordance with agreed terms.
o Coordinating intercompany purchase/sale opportunities within the organization and keeping fully informed of market conditions in order to formulate an optimal refinery plan and identifying market opportunities.
o Identifying and executing 3rd Party trades on a “for profit basis” and utilizing the appropriate paper markets to hedge and optimize positions.

Qualifications

o Degree level (or equivalent) economic/financial or business qualification.
o At least 5 years’ experience within the field of Gasoline Trading
o Excellent proven track record and be strongly driven towards future success
o Experience or Knowledge of the European gasoline market
o Should be a self-starter with excellent communication skills and the ability to multitask in a dynamic high-pressure team environment.
o An innovative outlook is essential, with a real desire to move the business forward.
o A flexible approach to working hours is vital to accommodate the significant variation in workloads associated with a busy trading operation. Periodic travel may be required.
o Experience in gasoline blending and managing gasoline storage locations
o Strong logistics and trading knowledge of the European or American market.
o Mainly focusing on physical trading but also knowledgeable in Paper Trading
o Maintain strong relationships with Clients and Suppliers
o Extensive experience of blending processes

ABN Resource are experts in finding exceptional talent in the trading industry. Find out more about our oil and gas trading recruitment experience here.

Contact Email:

Contact Telephone:

+44 113 487 7420






X

Be the first to hear about the latest jobs

* indicates required
How often would you like to receive job alerts?*
Which markets are you interested in?
By signing up you agree to be emailed by us
    X

    Request a call back

    * indicates required
    By clicking below you agree to be contacted by us
      EnglishGerman