Oil Trader

Oil Trader

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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Gemcorp ICS

At a Glance

  • Tasks: Lead trading activities in oil markets, managing positions and developing strategies.
  • Company: Gemcorp is a dynamic investment manager focused on diverse sectors, headquartered in Dubai.
  • Benefits: Enjoy competitive pay, professional growth opportunities, and a collaborative culture.
  • Why this job: Shape the future of trading while making impactful decisions in a thriving organisation.
  • Qualifications: 7-10 years of oil trading experience with a proven track record of profitability.
  • Other info: Join a diverse team committed to transparency and inclusivity in hiring.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

A highly experienced and commercially driven Oil Trader to lead trading activity across physical and/or paper oil markets. The employee will bring a strong track record of profitable trading, excellent market intelligence, and deep expertise in refined products, crude oil, or middle distillates.

This is a key front-office position with autonomy and P&L responsibility. The role will contribute directly to strategic growth while managing market risk and developing supply, demand, and pricing strategies.

Key Responsibilities:

  • Originate and execute physical and/or paper trades in oil markets (e.g., crude, gasoline, diesel, fuel oil)
  • Monitor global and regional markets to identify arbitrage, pricing trends, and trading opportunities
  • Manage positions and exposure in line with risk limits and compliance frameworks
  • Develop and maintain relationships with counterparties, suppliers, brokers, and logistics teams
  • Collaborate with operations, compliance, legal, structuring and finance to ensure timely and compliant execution
  • Contribute to market intelligence, trading strategy, and investment decision-making
  • Mentor junior traders or analysts where applicable
  • Attend industry events and maintain visibility in the trading community

Key Requirements:

  • Minimum 7–10 years of trading experience in oil markets (physical or paper)
  • Proven track record of consistent profitability and strong deal execution
  • Deep understanding of market structures, pricing benchmarks (e.g. Platts, Argus), logistics, and hedging instruments
  • Strong analytical mindset, market instincts, and decision-making under pressure
  • Established counterparty network in relevant regions and products
  • Excellent communication, negotiation, and relationship-building skills
  • Proficient in trading tools, risk systems, and Excel; experience with ETRM platforms preferred

Preferred Experience:

  • Experience with European, African, or Middle Eastern refined product flows
  • Exposure to shipping and chartering dynamics
  • Experience in building books, structuring deals, or developing new markets

What We Offer:

  • Opportunity to influence and shape people development strategy in a growing organization.
  • A collaborative and forward-thinking culture.
  • Competitive compensation and benefits package.
  • Professional development and career growth opportunities.

Gemcorp was formed in 2017 by Gemcorp Capital a London based investment manager to cover a wide range of investment opportunities across sectors including water management, energy, infrastructure, equipment and information and ICT. It is headquartered in Dubai with further offices in Angola, Switzerland and London with a global headcount of 410. By the end of 2025, Having deployed $1.6bn+ in key markets including Angola for essential commodities and services, Gemcorp has positioned itself as a leading integrated service provider across the African continent.

Gemcorp follows a fair and transparent process, based on the skills and qualifications of candidates. We actively encourage diversity in hiring, aiming for a representative and inclusive workforce.

Oil Trader employer: Gemcorp ICS

Gemcorp is an exceptional employer for Oil Traders, offering a dynamic and collaborative work culture in the vibrant city of Dubai. With a strong focus on professional development and career growth, employees benefit from competitive compensation packages and the opportunity to influence strategic initiatives within a rapidly expanding organisation. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place for talented individuals seeking meaningful employment in the oil trading sector.
Gemcorp ICS

Contact Detail:

Gemcorp ICS Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Oil Trader

✨Tip Number 1

Network actively within the oil trading community. Attend industry events, conferences, and seminars to meet potential colleagues and decision-makers. Building relationships with key players can give you insights into job openings and company culture.

✨Tip Number 2

Stay updated on market trends and news related to oil trading. Subscribe to relevant publications and follow influential figures in the industry on social media. This knowledge will not only help you in interviews but also demonstrate your passion for the field.

✨Tip Number 3

Consider reaching out to current or former employees of StudySmarter or similar companies. Informational interviews can provide valuable insights into the company’s trading strategies and culture, which can be beneficial during the application process.

✨Tip Number 4

Prepare to discuss your past trading experiences in detail. Be ready to share specific examples of profitable trades you've executed and how you've managed risk. This will showcase your expertise and align with the expectations for the Oil Trader role.

We think you need these skills to ace Oil Trader

Market Analysis
Risk Management
Negotiation Skills
Trading Strategy Development
Profit and Loss Management
Relationship Management
Analytical Skills
Decision-Making Under Pressure
Knowledge of Oil Markets
Understanding of Pricing Benchmarks
Proficiency in Trading Tools
Experience with ETRM Platforms
Logistics Coordination
Communication Skills
Mentoring and Leadership

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your trading experience, particularly in oil markets. Emphasise your track record of profitability and any specific achievements that demonstrate your expertise in refined products, crude oil, or middle distillates.

Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for the Oil Trader position. Discuss your understanding of market structures, pricing benchmarks, and your ability to manage risk. Mention your established counterparty network and how it can benefit the company.

Showcase Analytical Skills: Highlight your analytical mindset and decision-making abilities in your application. Provide examples of how you've successfully identified trading opportunities or managed positions under pressure in previous roles.

Demonstrate Communication Skills: Since the role requires excellent communication and relationship-building skills, include examples in your application where you've effectively collaborated with teams or negotiated deals. This will show that you can thrive in a front-office position.

How to prepare for a job interview at Gemcorp ICS

✨Showcase Your Trading Experience

Be prepared to discuss your previous trading experiences in detail. Highlight specific examples of profitable trades you've executed, the strategies you employed, and how you managed risks. This will demonstrate your expertise and ability to contribute to their trading activities.

✨Understand Market Dynamics

Research current trends in the oil markets, including pricing benchmarks like Platts and Argus. Being able to discuss recent market movements and how they might impact trading decisions will show that you are proactive and knowledgeable about the industry.

✨Build Rapport with Interviewers

Since relationship-building is key in this role, practice your communication skills. Be personable and engage with your interviewers by asking insightful questions about their trading strategies and company culture. This will help you stand out as a candidate who values collaboration.

✨Demonstrate Analytical Skills

Prepare to showcase your analytical mindset by discussing how you approach market analysis and decision-making under pressure. You might be asked to solve hypothetical trading scenarios, so think through your thought process and be ready to articulate it clearly.

Oil Trader
Gemcorp ICS
Location: London
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