Heavies Trader – London | WRS

  • Contract
  • Full Time
  • ,London

WRS

Job description

Heavies Trader – London

On behalf of a major Trading House, WRS are looking for a Heavies Trader to work in London on a perment basis. This will be a residential position in London, paying a monthly salary in GBP.

This position is part of the Oil Trading business and reports to the Head of Heavies & Products Trading.

Job Duties include:

  • Trading of physical fuel oil and associated derivatives
  • Managing price risk exposure on the trading book
  • Building and maintaining strong relationships with trading counterparties
  • Negotiating term and spot contracts with refiners, traders and end users
  • Maintaining a deep understanding of the fuel oil market and energy markets in general
  • Devising proprietary trading strategies, both on physical and derivatives
  • Liaise with Refining and Marketing to optimise the supply of feedstock and the sale of products
  • Liaise with Petrochemical to optimise the sale of products
  • Liaise with Shipping for the chartering of shipping, on spot or term basis
  • Negotiate and conclude market transactions on a spot/term basis within an agreed strategy to generate value for ETB
  • Locate and acquire optimal feedstock for client’s refining system
  • Locate and sell client’s refining and petrochemical system products to the best buyer
  • Be able to develop an asset backed trading strategy wherever client runs productions/assets

Candidate Requirements  

  • Preferred Educational Qualification is a Degree (with preference for numerate subject such as Engineering, Mathematics or Economics)
  • More than 4 years of experience in trading
  • Proven track record of delivery
  • Experience with derivative instruments for hedging
  • Knowledge of market fundamentals and market analysis
  • Experience of refining operations and processes considered as beneficial
  • Right to work in the UK

If you are interested, please apply.

,

Heavies Trader – London

On behalf of a major Trading House, WRS are looking for a Heavies Trader to work in London on a perment basis. This will be a residential position in London, paying a monthly salary in GBP.

This position is part of the Oil Trading business and reports to the Head of Heavies & Products Trading.

Job Duties include:

  • Trading of physical fuel oil and associated derivatives
  • Managing price risk exposure on the trading book
  • Building and maintaining strong relationships with trading counterparties
  • Negotiating term and spot contracts with refiners, traders and end users
  • Maintaining a deep understanding of the fuel oil market and energy markets in general
  • Devising proprietary trading strategies, both on physical and derivatives
  • Liaise with Refining and Marketing to optimise the supply of feedstock and the sale of products
  • Liaise with Petrochemical to optimise the sale of products
  • Liaise with Shipping for the chartering of shipping, on spot or term basis
  • Negotiate and conclude market transactions on a spot/term basis within an agreed strategy to generate value for ETB
  • Locate and acquire optimal feedstock for client’s refining system
  • Locate and sell client’s refining and petrochemical system products to the best buyer
  • Be able to develop an asset backed trading strategy wherever client runs productions/assets

Candidate Requirements  

  • Preferred Educational Qualification is a Degree (with preference for numerate subject such as Engineering, Mathematics or Economics)
  • More than 4 years of experience in trading
  • Proven track record of delivery
  • Experience with derivative instruments for hedging
  • Knowledge of market fundamentals and market analysis
  • Experience of refining operations and processes considered as beneficial
  • Right to work in the UK

If you are interested, please apply.