Fuel Oil Trader
6 months ago
A highly successful international gas and energy giant seeks a talented English speaking Fuel Oil Trader to join their international roster. You will be responsible for actively trading fuel oil, leveraging your existing network within European trading circles. Your primary focus will be on trading both physical and paper fuel oil products.
**Type**: Full time, permanent
**Hours**: 9am - 5pm
**Location**:Central London, hybrid working available
**Salary**: Up to £100k DOE
**Fuel Oil Trader Main Responsibilities**:
Trading Expertise: Utilize your in-depth experience in trading fuel oil and ability to trade for both physical and paper products, ensuring strategic trades that result in profitable outcomes
Network Utilization: Leverage an established network among traders in Europe to facilitate trades and negotiations with counterparties, creating efficient and lucrative transactions
Profit Generation: Execute trades in alignment with the strategies and guidelines provided by the Singapore office to ensure profitable outcomes
Compliance and Approval: Adhere to company policies and seek prior approval when required, ensuring that all trading activities comply with regulatory standards and internal guidelines
Business Development: Occasionally engage in occasional business travel to meet counterparties, attend industry gatherings, and foster relationships to expand and enhance trading opportunities
Cargo Focus: Prioritize experience with Fuel Oil 'cargo' rather than 'bunker fuel', utilizing this expertise to inform and drive successful trading decisions
Proven experience as a Fuel Oil Trader, with an extensive network among European trading counterparts
Ability to trade for both physical and paper fuel oil products.
Familiarity with trading practices in the fuel oil market and compliance with regulatory standards
A willingness to travel for business purposes and attend industry events
Strong oral and written communication skills in English
Degree holder in Business or relevant disciplines
**Salary**: £50,000.00-£100,000.00 per year
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (required)
Application question(s):
- Do you have an established network for fuel trading in Europe?
**Experience**:
- Physical Fuel Oil Trading: 3 years (required)
Work Location: In person
Reference ID: CC45290
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