We are seeking an experienced Refined Product Trader to manage and expand our refined product trading activities. The successful candidate will play a crucial role in executing trading strategies, managing portfolios, and identifying new business opportunities within the refined products market. This role requires a deep understanding of the market dynamics, strong negotiation skills, and the ability to operate effectively in a fast-paced environment.
Key Responsibilities:
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Trading and Execution:
- Execute trades and manage positions for refined petroleum products, including gasoline, diesel, jet fuel, and other refined products.
- Develop and implement trading strategies to optimize profitability and manage risk.
- Monitor market trends, supply and demand dynamics, and price movements to inform trading decisions.
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Market Analysis and Intelligence:
- Conduct thorough market analysis and research to identify trading opportunities and market trends.
- Develop and maintain relationships with key market participants, including suppliers, buyers, and brokers.
- Provide regular market reports and insights to senior management.
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Portfolio Management:
- Manage trading portfolios to ensure optimal performance and risk management.
- Oversee inventory management, logistics, and transportation to ensure timely delivery and cost efficiency.
- Evaluate and manage counterparty risk and ensure compliance with internal policies and regulatory requirements.
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Business Development:
- Identify and pursue new business opportunities and market expansions in the refined products sector.
- Negotiate and finalize trading contracts and agreements with clients and partners.
- Collaborate with other departments to support overall business growth and objectives.
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Regulatory Compliance:
- Ensure adherence to all relevant regulations and industry standards related to trading and market activities.
- Maintain accurate and timely documentation and reporting in compliance with regulatory requirements.