Fuel Oil Trader New - #33707

Ampersand World

Date: 2 weeks ago
City: Dubai
Contract type: Full time

Place: Dubai - United Arab Emirates
Publication Date: 14/11/2023
Ref: AB008223

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Job Details

Our Dubai office is currently looking to recruit a Fuel Oil Trader, on behalf of one of our clients, active in energy trading.

Your mission :

  • Develop and execute fuel oil trades in accordance with market conditions and trading strategies
  • Optimize trading positions to maximize profitability while managing risk
  • Build and maintain relationships with fuel oil suppliers, refineries, and customers
  • Negotiate and finalize supply contracts, ensuring favorable terms for the company
  • Collaborate with internal teams to align trading activities with overall business objectives
  • Assess and manage risks associated with fuel oil trading positions
  • Stay vigilant to changes in market conditions and adjust trading strategies accordingly
  • Prepare accurate and timely reports on trading activities, market trends, and performance metrics
  • Maintain comprehensive documentation of trades and transactions for audit and compliance purposes

Your profile :

  • Bachelor's degree in Business, Finance, Economics, or a related field
  • Minimum of 10 years' experience as a Fuel Oil Trader and able to bring flows and a business plan
  • Strong analytical and quantitative skills with the ability to interpret market data
  • Excellent negotiation and communication skills
  • Familiarity with risk management practices in commodities trading
  • Ability to thrive in a fast-paced and dynamic trading environment
  • Fluency in English (both written and spoken) any other language an asset

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