Oil Trading Desk Analyst

2 days ago


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

Oil Trading Desk Analyst Position Available

We are seeking a highly motivated and experienced Oil Trading Desk Analyst to join our team in Central London.

The successful candidate will have experience in the Physical Oil sector and a strong understanding of contract lifecycle management, including trade verification, contract review, and risk management.

Main Responsibilities:

  • Reconcile trades within the system of record and against all supporting documentation.
  • Review counterparty contracts and respond promptly to trade discrepancies with internal stakeholders.
  • Manage the full contract life cycle and counter contracts to conclusion.
  • Identify and mitigate risks associated with contract terms and GT&Cs.
  • Monitor and report on trading activity and performance metrics.

Requirements:

  • Experience as a Contracts Analyst within the physical commodities sector, preferably in waterborne oil contracts.
  • Prior experience in standardised Confirmation processes a plus but not essential.
  • Strong understanding of industry GT&Cs and Incoterms.
  • Excellent analytical and problem-solving skills.
  • Ability to work under pressure and meet deadlines.

Salary: £70,000 - £90,000 per annum, depending on experience.

Benefits: Competitive salary, excellent benefits package, and opportunities for career growth and development.



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