Senior Crude Oil Trader
Location - London
Salary - £140,000 - £180,000
Company Overview
Our client is a leading global energy trading company, specializing in the trading of crude oil, refined products, natural gas, and other energy commodities. Our team of experts leverages extensive market knowledge and advanced trading technologies to deliver superior trading performance and drive sustainable growth. We are committed to maintaining the highest standards of integrity, innovation, and excellence in everything we do.
Position Summary
The Senior Crude Oil Trader will be responsible for executing the company's crude oil trading strategies, maximizing profitability, and managing risk. This role requires a deep understanding of global crude oil markets, extensive experience in trading, and the ability to develop and maintain strong relationships with key market participants.
Key Responsibilities
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Trading Execution:
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Execute crude oil trades to achieve profit targets and manage market exposure.
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Monitor market trends, price movements, and news to identify trading opportunities.
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Utilize various trading instruments including futures, options, swaps, and physical trades.
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Market Analysis:
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Conduct in-depth market analysis to forecast market movements and identify trading opportunities.
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Develop and maintain models to support trading decisions.
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Provide regular market updates and insights to the trading team and senior management.
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Risk Management:
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Identify and manage trading risks, including market, credit, and operational risks.
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Implement risk management strategies and adhere to the company's risk policies.
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Monitor positions and ensure compliance with trading limits and regulatory requirements.
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Relationship Management:
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Build and maintain strong relationships with key market participants, including suppliers, customers, brokers, and financial institutions.
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Negotiate and manage contracts with trading partners.
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Represent the company at industry events and maintain a positive company image.
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Strategic Development:
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Contribute to the development and implementation of the company's trading strategy.
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Identify new market opportunities and potential areas for business growth.
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Collaborate with other departments, including operations, finance, and compliance, to ensure smooth execution of trading activities.
Qualifications
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Education:
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Bachelor's degree in Finance, Economics, Business, or a related field. An advanced degree (MBA, MSc) is preferred.
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Experience:
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Minimum of 7-10 years of experience in crude oil trading or a related field.
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Proven track record of successful trading and profit generation.
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In-depth knowledge of global crude oil markets, including market dynamics, trading instruments, and regulatory environment.
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Skills:
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Strong analytical and quantitative skills.
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Excellent negotiation and communication skills.
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Ability to work under pressure and make quick decisions in a fast-paced environment.
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Proficiency in trading platforms and market analysis tools.
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Strong network of industry contacts.
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Personal Attributes:
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High level of integrity and professionalism.
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Strong attention to detail and risk awareness.
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Proactive and results-oriented with a strategic mindset.
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Ability to work independently and as part of a team.
Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Retirement savings plan with company match.
- Professional development and training opportunities.
- Generous vacation and leave policies.