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For Companies At a Glance
- Tasks: Broker oil trades and build client relationships across Europe, the Middle East, and Asia.
- Company: Join a dynamic commodities brokerage focused on global trade in refined oil products.
- Benefits: Enjoy a competitive salary of £60,000 and work in a vibrant London location.
- Why this job: Be part of an entrepreneurial team impacting global energy markets and developing your career.
- Qualifications: 3+ years in oil trading, strong network, and excellent communication skills required.
- Other info: Additional languages like Arabic or Mandarin are a bonus but not essential.
The predicted salary is between 42000 - 84000 £ per year.
An established and growing commodities brokerage is looking to hire an experienced Oil Broker to join their team, focused on physical refined products. This is a fantastic opportunity to work with a dynamic and entrepreneurial group, supporting global trade flows and building relationships with key players across the energy sector.
Key Responsibilities:
- Broker across the barrel oil trades (e.g., Gasoline, Diesel, Jet Fuel) between producers, traders, refiners, and end users.
- Build and maintain strong client relationships across Europe, the Middle East, and Asia.
- Develop new business opportunities and identify emerging market trends.
- Facilitate smooth trade execution in coordination with operations and finance teams.
- Monitor pricing, market activity, and shipping logistics to provide real-time intelligence to clients.
- Ensure compliance with all relevant regulatory frameworks and internal risk protocols.
Requirements:
- 3+ years' experience as a broker or trader in the physical oil markets.
- A strong network across the oil trading or refining sector.
- Deep understanding of pricing mechanisms, incoterms, and contract structures.
- Strong communication, negotiation, and relationship-building skills.
- Proactive, commercial mindset with the ability to work autonomously.
- Additional languages (e.g., Arabic, French, Mandarin) are a plus but not required.
Oil Broker employer: Insight
Contact Detail:
Insight Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Oil Broker
✨Tip Number 1
Network, network, network! Reach out to professionals in the oil trading and refining sectors through LinkedIn or industry events. Building relationships with key players can give you insights into job openings and help you stand out.
✨Tip Number 2
Stay updated on market trends and pricing mechanisms. Subscribe to industry newsletters or follow relevant news outlets. Being knowledgeable about current events in the oil market will not only prepare you for interviews but also demonstrate your passion for the field.
✨Tip Number 3
Consider joining professional associations related to commodities trading. These organisations often provide resources, networking opportunities, and job boards that can be invaluable in your job search.
✨Tip Number 4
Prepare for interviews by practising your negotiation and relationship-building skills. Role-play scenarios where you might need to broker a deal or resolve a conflict, as these are crucial skills for an Oil Broker.
We think you need these skills to ace Oil Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in oil trading or brokering. Emphasise your understanding of pricing mechanisms and any specific achievements in previous roles that demonstrate your ability to build client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the oil industry and your proactive approach. Mention specific examples of how you've successfully brokered deals or developed new business opportunities in the past.
Highlight Relevant Skills: In your application, clearly outline your communication, negotiation, and relationship-building skills. Provide examples of how these skills have contributed to your success in previous roles within the oil sector.
Showcase Your Network: If you have a strong network across the oil trading or refining sector, mention it in your application. This can set you apart from other candidates and demonstrate your potential to bring value to the company.
How to prepare for a job interview at Insight
✨Know Your Market
Make sure you have a solid understanding of the current oil market trends, pricing mechanisms, and key players. Being able to discuss recent developments or shifts in the market will demonstrate your expertise and passion for the industry.
✨Showcase Your Network
Highlight your existing relationships within the oil trading and refining sector. Be prepared to discuss how these connections can benefit the company and contribute to building new business opportunities.
✨Demonstrate Communication Skills
As an Oil Broker, strong communication and negotiation skills are crucial. Practice articulating your thoughts clearly and confidently, and be ready to provide examples of successful negotiations or client interactions from your past experience.
✨Prepare for Regulatory Questions
Familiarise yourself with relevant regulatory frameworks and internal risk protocols. Be prepared to discuss how you ensure compliance in your previous roles, as this is essential for maintaining the integrity of the brokerage.
