Oil Products Trader

1 week ago

London, Greater London, United Kingdom Richard James Recruitment Specialists Ltd Full time

Job Title: Oil Products Trader

We are seeking an experienced Oil Products Trader to join our team at Richard James Recruitment Specialists Ltd. The successful candidate will have existing work-based commercial operations experience within the Oil Products trading sector.

Key Responsibilities:

  • Co-ordinate operations from trade inception to completion, including Biofuel, Gasoline, Fuel oil, Middle Distillate, Jet and LPG.
  • Execute blend plans provided by the trading team and liaise with a 3rd party storage terminal operating both cargoes and barges.
  • Obtain clean acceptance of vessels in a timely manner.
  • Issue voyage orders to shipping/counterparties and monitor progress of vessel, informing trading of any slippage or speed-ups in a timely manner.
  • Appoint approved inspectors as required.
  • Ensure cargo loading and discharging adhere to any credit or L/C requirements.
  • Accurately update Trading systems in a timely fashion.
  • Check all calculations relating to the trade (freight & freight diff, interim port calculations, demurrage, inspectors, cargo superintendents, gains/losses, insurance and additives).
  • Minimise profit leakage.
  • Make or assist in claims where necessary.
  • Establish and maintain good and professional working relationships with internal and external counterparties.
  • Maintain accurate records of each cargo including prompt and accurate filing.
  • Maintain excellent HSE standards.
  • Adhere to company policies and procedures.
  • Ensure compliance with all operational processes.
  • Assist the operations team to provide timely accurate information for Month & Quarter end reporting.

Requirements:

  • Qualifications: Bachelor's Degree is preferred.
  • Commercial Experience: existing oil products operations experience is essential.
  • Proactive – Goes the extra mile to ensure that operations are completed and processes and robust.
  • Teamwork – Fosters ethical business relationships with customers, suppliers and co-workers. Works effectively with peers, customers and management. Maintains a positive attitude.
  • Communication– Clearly presents thoughts and ideas, both orally and in writing.
  • Organisation – Exhibits highly organised approach to detailed work. Maintains accurate and effective files.
  • Multi-Tasking abilities – Proactively manages multiple, time sensitive tasks simultaneously and under pressure.
  • Analytical/problem solving – Thinks and manages problems and tasks through to completion. Evaluates and understands financial impact of decisions/activities.
  • Knowledge and experience in IT including Microsoft Outlook, Excel, and Word.

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