Crude Oil Specialist

1 day ago


London, Greater London, United Kingdom Insight Full time

About Insight

Insight is a leading Global Trading Company specializing in crude physical operations.

We are seeking a dedicated and detail-oriented Junior Oil Operator to join our team based in London.

  • This position involves daily collaboration with Operations teams in London and Beijing, as well as building effective relationships with Traders in London.

Key Responsibilities:

  • Maintain and regularly update an organized filing system for crude physical operations, ensuring seamless task handover.
  • Review purchase contracts and provide comments to the Contract Analyst.
  • Counter sales contracts and manage negotiations with buyers.
  • Oversee vessel nominations, supplier and buyer approvals, documentation instructions, and inspection company appointments. Apply insurance when required and coordinate invoices to finalize price calculations with suppliers.
  • Liaise with teams including Trading, Shipping, Trade Finance, Cargo Control, and Demurrage Claims.
  • Optimize trading desk costs, manage vessel berthing operations, and maximize profitability on profit and loss (P&L) statements.
  • Monitor outstanding receivable claims related to cargoes and ensure timely follow-ups.
  • Track vessel movements, identify quantity losses or quality issues, and assist Cargo Control in filing claims against suppliers or owners.
  • Update traders on Bill of Lading (B/L) dates and quantities for all hedged cargoes.
  • Input accurate and timely data into the trading system (ERP).
  • Adhere to operational procedures and deadlines.
  • Issue invoices for physical cargo-related costs, notify Treasury, and follow up on payments as required.
  • Support additional tasks as assigned by the company based on business needs.

Salary and Benefits:

The estimated salary for this position is £46,000 plus bonus and benefits.

Requirements:

  • Bachelor's degree or equivalent qualification.
  • Eligibility to work in the UK.

Skills Required:

  • Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
  • Exceptional written and verbal communication skills.
  • Knowledge of commodities is essential.


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