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Light Distillates Trader (Condensates), Top Oil Company, Physical and Paper, Location: Saudi Arabia, Salary: Highly Attractive

  • Job type: Permanent
  • Location: Saudi Arabia
  • Salary: Competitive
  • Job reference: JATN.STS
  • Sector: Banking and Finance, Selby Jennings, Sales and Trading
  • Date posted: 11/08/2017
Light Distillates Trader (Condensates) / Condensates Trader, Top Oil Company, Physical and Paper, Location: Saudi Arabia, Salary: Highly Attractive

We are currently working with a Top Oil Company who is looking for an experienced Light Distillates Trader (Condensates). The Condensates Trader is responsible for physical and paper trading activities and operations and will be supporting the Book Leader in executing the trading desk’s strategy and its related tasks. The trader would be accountable for his/her own P&L as well as hedging your own risks.

Responsibilities
• Condensates trading (Physical and Paper trading, more Physical Trading than Paper)
• Robust oil trading / condensates trading market knowledge - market direction/call, trading strategies, trading fundamentals, global markets, arbitrage opportunities, market climate, kept abreast of international events and geo-political climate
• Review the trading strategies with the product’s Book Leader to steer the team’s directions
• Evaluate all open trading contracts and positions, identify the associated price exposures and develop a daily plan to hedge existing exposures with the derivatives desk
• Collaborate with the Operations, Contract Administration Analyst and Settlement Analyst team to ensure feasibility and conclusion of the deal
• Perform other miscellaneous duties as directed by the Book Leader
• Covering for Book Leader

Requirements
• Minimum 5-7 years of experience in an oil physical trading, preferably in condensates trading
• Entrepreneurial , aggressive trader
• Strong teamwork
• Strong oil marketing experience, analytical mind, independent thinker
• Able to relocate and be based in the Middle East, at the heart of action

Light Distillates Trader (Condensates) / Condensates Trader, Top Oil Company, Physical and Paper, Location: Saudi Arabia, Salary: Highly Attractive

This role will offer the talented and experienced Light Distillates Trader (Condensates) the chance to develop their career with a Top Oil Company in the Saudi Arabia.

Candidates applying for the role should be entrepreneurial in nature, hardworking, and driven.

To apply please send a word copy of your CV to:
apply.a33ho1ghdmw@selbyjennings.aptrack.co.uk
www.selbyjennings.com

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