Jobs in Emirates Trading Manager - Michael Page International (UAE) Limited #Jobs_in_Emirates


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An International Energy Company is seeking to hire a Trading Manager to replace the incumbent who was recently promoted.

Client Details

International Energy Company

Description

\[ Negotiate sale prices and terms with counterparties. Ensure that transactions fall within company guidelines and trading/credit limits.
\[ Drive existing business and build relationships with oil majors and traders. Maintain and develop key customers in the bunkering market and with brokers.
\[ Fuel oil trading; Sell 0.5% (Fujairah and Singapore) and purchase components for blending (Europe, US, Fujairah, Singapore)
\[ Participate in creating the hedging strategy. If needed, hedge flat price, crack and spread exposure across multiple products (Gasoil, Crude oil, HSFO, LSFO) and different areas.
\[ Work closely with operations, planning, shipping and other traders.
\[ Create analysis on Low Sulphur Fuel market fundamentals. West to East flows, supply/demand projections.
\[ Discuss opportunities for third party cargos with the trading team that can increase the desk's P&L.

Profile

\[ At least three years of experience working in a customer focused role in sales in the petroleum industry. Background on fuel sales is preferred.
\[ Minimum three years trading experience on petroleum products.
\[ Bachelor's degree in economics/science required.
\[ Experience in hedging across the barrel is preferable.
\[ Ability to understand oil economics across the barrel and act on market movements, arbitrage opportunities.
\[ Excellent communication skills both verbally and written
\[ Strong awareness of cultural differences/sensitives within a multinational office setting
\[ Positive "can do" attitude and team player. Ability to handle multitask and work under pressure.
\[ High numerical skills and commercial acumen.

Job Offer

Competitive Package

Job Details

Posted Date: 2020-07-06
Job Location: Dubai, United Arab Emirates
Job Role: Sales
Company Industry: Sales Outsourcing

Preferred Candidate

Career Level: Management

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Jobs in Emirates - career in Emirates - vacancies in Emirates-Trading Manager - Michael Page International (UAE) Limited-Jobs in Emirates - career in Emirates - vacancies in Emirates
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