Petrochemical Operator

2 months ago

London, United Kingdom Petroineos Trading Limited Full time
Job Description

Petroineos comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe’s leading International Integrated Energy Trading Companies.


In addition to third-party trading, Petroineos' key functions include the supply of Crude Oil to Petroineos and PetroChina refineries and the arrangement of the sale and distribution of the various products that are produced from the refineries. Products traded by Petroineos include both Crude and Refined Oil Products.


The Petrochemicals Operator will play a key role in the day-to-day trading operations of the business, with a key focus on the following areas:


Responsibilities


  • Co-ordinating operations from trade inception to completion relating to products
  • Ensure accurate and timely processing of trades, including confirmations, settlements and allocations
  • Coordinate scheduling shipments, arranging transportation and managing storage facilities
  • Prepare and maintain accurate trade documentation, including contracts, invoices, and shipping documents
  • Check all calculations relating to the trade (freight, demurrage, product, inspectors, cargo superintendents, gains/losses, insurance and additives)
  • Communicate with suppliers, customers, and third-party service providers to ensure smooth and efficient operations
  • Maintain regular communication with various internal parties such as trading, risk and trade finance teams to ensure smooth process
  • Work independently in handling varied and complex operational issues
  • Accurately update trading system in a timely fashion.
  • Maintain accurate records of each cargo including prompt and accurate filing
  • Minimise profit leakage
  • Make or assist in claims where necessary
  • Requires frequent afterhours and weekend work to complete operational tasks
  • Maintain excellent HSE standards
  • Adhere to company policies and procedures
  • Ensure compliance with all operational processes


Person Requirements


  • Qualifications: Bachelor’s Degree is preferred
  • Commercial Experience – 3+ years commercial experience in operations, logistics, international trading or a similar role relating to the petrochemical sector (including liquid and solid products) is desired
  • Experience in a large trading organisation is an advantage
  • Understanding of global shipping and relevant documentation (L/C), as well as a professional history of working closely with an oil or petrochemical trading team.
  • Passionate about the commodity markets and motivated to work in a fast-paced environment


Other Requirements


  • Teamwork – Fosters ethical business relationships with customers, suppliers and co-workers. Works effectively with peers, customers and management, maintaining a positive and pro-active attitude.
  • Communication– Clearly presents thoughts and ideas, both verbally and in writing.
  • Organisation – Exhibits a highly organised approach to detailed work and maintains accurate and effective files.
  • Multi-Tasking Abilities – Proactively manages multiple, time sensitive tasks concurrently
  • Analytical/Problem Solving Skills – Thinks and manages problems and tasks through to completion. Evaluates and understands the financial impact of decisions/activities
  • Detail-oriented with a strong focus on accuracy and compliance
  • Knowledge and experience in IT including Microsoft Outlook, Excel, and Word


The successful candidate must have permission to work in the UK by the start of their employment.

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