We are looking for an experienced Crude Oil Trader to manage and optimize our crude oil trading activities. The ideal candidate will have a deep understanding of global oil markets, excellent trading acumen, and the ability to develop and execute trading strategies that enhance our market position and profitability.
Key Responsibilities:
- Trading Activities: Execute trading strategies for crude oil, including sourcing, buying, and selling crude oil commodities. Monitor market trends and identify trading opportunities.
- Market Analysis: Conduct thorough market analysis and research to stay abreast of market dynamics, geopolitical events, and supply-demand factors that impact crude oil prices.
- Risk Management: Implement risk management strategies to mitigate trading risks, including price volatility and counterparty risks. Develop and maintain risk management protocols.
- Relationship Management: Build and maintain strong relationships with key stakeholders, including suppliers, customers, and brokers. Negotiate and manage contracts and pricing agreements.
- Strategy Development: Develop and implement trading strategies to optimize profitability and align with the company’s overall business objectives.
- Performance Monitoring: Track trading performance and provide regular reports on trading activities, market conditions, and profitability to senior management.
- Compliance: Ensure compliance with all regulatory requirements, internal policies, and industry best practices related to crude oil trading.