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Trading Manager

Michael Page

Job description / Role

An International Energy Company is seeking to hire a Trading Manager to replace the incumbent who was recently promoted.

Client Details

International Energy Company

Description

* Negotiate sale prices and terms with counterparties.
* Ensure that transactions fall within company guidelines and trading/credit limits.
* Drive existing business and build relationships with oil majors and traders.
* Maintain and develop key customers in the bunkering market and with brokers.
* Fuel oil trading; Sell 0.5% (Fujairah and Singapore) and purchase components for blending (Europe, US, Fujairah, Singapore)
* Participate in creating the hedging strategy.
* If needed, hedge flat price, crack and spread exposure across multiple products (Gasoil, Crude oil, HSFO, LSFO) and different areas.
* Work closely with operations, planning, shipping and other traders.
* Create analysis on Low Sulphur Fuel market fundamentals. West to East flows, supply/demand projections.
* Discuss opportunities for third party cargos with the trading team that can increase the desk’s P&L.

Job Offer

* Competitive Package

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