Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support traders by analysing market data and preparing reports for oil trading.
- Company: Join a leading global commodity trading company with a collaborative culture.
- Benefits: Excellent career prospects, rapid learning opportunities, and a dynamic work environment.
- Why this job: Be part of the Net Zero 2050 strategy and make an impact in the energy sector.
- Qualifications: University degree in a quantitative discipline and prior experience in oil trading analysis.
- Other info: Work with a strong team and develop skills in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Exciting opportunity to join a Leading Global Commodity Trading company who is looking for a Trading Analyst to join their expanding Oil Trading Team. You will be responsible for providing assistance to Traders and Managers, preparing reports, market reports and performing calculations. In addition, you will be expected to handle various ad hoc requests assigned to the team or your line manager, contributing to the smooth and efficient operation of Trading activities. The team plays a crucial role in the company’s Net Zero 2050 strategy and benefits from the company’s strong trading position and global integration. A collaborative culture and dynamic work environment. Excellent career prospects – rapid learning opportunities with potential for movement across teams and international roles.
Main responsibilities
- Supporting Traders
- Analyse market data to support the development and execution of trades.
- Ensure exposure positions and P&L reports are accurate.
- Ensure physical and derivatives transactions are booked accurately.
- Set up, maintain, and improve a cargo tracking system (vessels’ B/L, destination, WS rate).
- Liaise with Middle Office for P&L, exposure and pricing reconciliation.
- Prepare various reports, spreadsheets and research projects.
- Conduct market analysis (supply and demand, global crack spreads, margins).
- Deliver weekly internal presentations on P&L, physical and paper activity.
- Update daily Excel sheets reflecting market structure and movements.
- Perform arbitrage and crack spread calculations.
- Track refinery turnarounds.
- Monitor and report on shipping cargoes.
Additional responsibilities may include
- Risk management and market monitoring.
- Liaising with the Shipping Department, Operations, Contracts and other Trading desks, including overseas offices, as instructed by traders.
- Interacting with counterparties (including Company Group divisions) as instructed by traders.
Experience and qualifications required:
- University degree in quantitative discipline (e.g. Engineering, Mathematics, Statistics, Physics, Economics, Finance, or related).
- Prior experience in a role related to oil trading/analysis.
- Strong knowledge of oil products, LPG would be an advantage.
- Advanced knowledge of Excel/VBA; knowledge of SQL and Python would be an advantage.
- Result-oriented, proactive and responsible approach, able to work with a strong attention to detail in a fast-paced environment.
- Strong communication and interpersonal skills, a strong team player with a positive attitude.
- Demonstrated drive, innovation, and a genuine interest in energy and trading.
- Languages would be beneficial.
Trading Analyst - Oil Trading in City of London employer: Eleven
Contact Detail:
Eleven Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading Analyst - Oil Trading in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for interviews by researching the company and its trading strategies. We suggest practising common interview questions and even doing mock interviews with friends. The more prepared you are, the more confident you'll feel!
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss how you've used data analysis in past roles. We want to see your thought process and how you approach problem-solving in trading scenarios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Trading Analyst - Oil Trading in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trading Analyst role. Highlight your relevant experience in oil trading or analysis, and don’t forget to showcase your skills in Excel, SQL, or Python. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about oil trading and how your background aligns with our Net Zero 2050 strategy. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills: Since the role involves analysing market data, make sure to mention any relevant projects or experiences where you've demonstrated strong analytical skills. We’re looking for someone who can dive deep into data and provide valuable insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at Eleven
✨Know Your Market
Before the interview, dive deep into current trends in the oil market. Understand supply and demand dynamics, recent price movements, and any geopolitical factors affecting oil trading. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Excel Skills on Display
Since advanced Excel skills are crucial for this position, be prepared to discuss your experience with Excel and VBA. Consider bringing examples of reports or analyses you've created in the past. If you can, practice a few Excel functions beforehand to demonstrate your proficiency during the interview.
✨Showcase Your Analytical Mindset
As a Trading Analyst, analytical skills are key. Be ready to discuss how you've approached data analysis in previous roles. Prepare to walk through a specific example where your analysis led to a successful outcome, highlighting your problem-solving abilities and attention to detail.
✨Team Player Attitude
This role requires collaboration with various teams, so emphasise your teamwork skills. Share experiences where you've successfully worked with others, especially in high-pressure situations. A positive attitude and willingness to support your colleagues will resonate well with the interviewers.
