Trading Operations Specialist

Trading Operations Specialist
London
£50k - £56k + benefits

Our client are a global leading integrated energy business. Strategy, Technology & Commercial Integration (ST&CI) operates the client's global trading business. Through its trading business units, ST&CI buys and sells barrels to feed the company system while acting as stewards for core supply chain and price/credit risk management capabilities. The London office concentrates on physical trading for Europe, Africa, and the Middle East, including US arbitrages. Trading in oil paper derivatives is also a core function. They are currently seeking a Trading Operations Specialist to join their team.

As Trading Operations Specialist you will deal with all operational processes related to purchases and sales of crude oil and LPG including:

* Working closely with traders once deals are concluded
* Liaising with counterparts in other oil companies regarding documents and requirements for cargoes
* Working with equity terminals which supply crude oil or LPG
* Ensuring all aspects of the contract are adhered to from an operational standpoint
* Handling operational issues - preventing production shut ins and refinery run outs, minimising demurrage and dead-freight
* Working with vetting to clear vessels
* Appointing inspectors for quality and quantity.
* Working through loss control claims
* Liaising with credit department if letters of credit are required
* Entering key cargo data into the trading system and liaising with finance
Depending upon experience, other responsibilities may include:
* Reviewing new term sales or purchase contracts and lifting agreements from an operational perspective
* Conducting analysis of logistics for efficiencies or commercial opportunities to maintain maximum asset utilisation
* Identifying new strategic relationships and business opportunities
* Lead project teams, or participate in projects

You'll ideally be qualified to degree or equivalent level with a thorough understanding of industry standards and their commercial impact, as well as market trends/drivers, competitor markets, terminals, logistics and refinery operations. You'll also have sufficient commodities trading knowledge to enable commercial groups in executing strategies.

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Intec (UK) Ltd was established in 1982 by Engineers for Engineers. We deliver Global Recruitment Solutions within the Oil & Gas, Power, Nuclear, Utilities, Rail, Construction and Aerospace Sectors for Owner/Operators, Consultancies, Contractors and Sub-Contractors.
For a free, confidential service register your details on velosi-intec where you will find a full list of live positions. On-going requirements include; ATEX Inspector, Civil Engineers, Coating Inspector, Commissioning Engineers, Drilling Engineer, Electrician, HSE, Inspectors, Instrument Engineer/Technicians, Labourer, Mechanic, Mechanical & Electrical Engineer/Fitters, Operator, Pipeline Engineer/Supervisor/Inspector, Piping Engineer/Supervisor/Inspector, Planning Engineers, Process Engineer, Project Engineer, Project Manager, QA/QC Engineer/Managers, Quantity Surveyors/Cost Engineers/Project Controls/Estimators, Riggers, Safety Advisor/Officer/Engineers, Site Managers, Supervisor/Superintendents, Turbine Engineer/Fitters and many more.
Intec (UK) Ltd is an equal opportunities employer and a member of the Recruitment and Employment Confederation (REC).
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