Crude Trader

Job Description Develop, negotiate and conclude crude and condensate sales and purchases. Manage commercial activities such as exchanges, freight and optimization group assets. Develop new business and origination opportunities with particular focus on Middle East, US and Far East crude length and shorts. Use tools including derivatives to manage risks Assess customers credit terms and availability, negotiate payment terms, title transfers and all key contract items to achieve closure. Network and maintain relationship with market players (i.e. producers, refiners, traders and end users to keep abreast of market developments and opportunities. Key Result Area: Comprehensive understanding of Crude pricing and associated exposure management. Ensure all aspects of trade exposure are covered and well managed Strong understanding of crude assays, upstream and refining Excellent understanding of global oil markets, crude, product flows, freight, refining and pricing Ability to analyze market data and identify commercial opportunities Understanding and management of crude blending is a strong plus. Demonstrate a track record of trading futures, swaps and understanding of derivative markets for hedging and exposure management. Ensure all trading activities are conducted within appropriate authority limits, risk controls and internal trading guidelines. Liaising closely with back office and trade finance ensure accurate and timely trade capture, position matching and mark to market Proven track record of developing and maintaining relationships within the industry and ability to develop new business relationships and capture new opportunities