At a Glance
- Tasks: Execute and manage oil trades while identifying market opportunities for maximum profitability.
- Company: Dynamic trading firm with a focus on collaboration and innovation.
- Benefits: Competitive salary, career growth, and a vibrant work culture in London.
- Other info: Opportunity to work with global markets and develop valuable industry relationships.
- Why this job: Join a fast-paced environment where your trading skills can shine and make an impact.
- Qualifications: Experience in oil trading and strong analytical skills are essential.
The predicted salary is between 60000 - 75000 £ per year.
We are seeking an experienced Oil Products Trader to focus exclusively on the origination, execution, and optimization of physical oil trades. This role is centred on identifying and capturing market opportunities, leveraging arbitrage, and maximizing profitability through strategic trading decisions. While the trading function operates independently from Peninsula's Procurement function, collaboration is essential to optimize shared assets and deliver maximum value. Strong teamwork, communication, and relationship building skills are critical to success.
Main Responsibilities
- Execute and manage physical oil trades from origination through delivery, ensuring alignment with company strategy and risk limits.
- Identify and capitalize on arbitrage opportunities across global markets.
- Maintain and expand relationships with counterparties, including suppliers, customers, and trading partners.
- Analyse and interpret market conditions, fundamentals, geopolitics, and market structure to inform trading strategies.
- Collaborate with Chartering and other internal teams to optimise shipping assets and enhance trade economics.
- Work closely with the Hedging Desk to manage pricing risk and optimise trade margins.
- Share market intelligence internally to maximise global trading opportunities.
- Ensure all trades comply with internal risk management and credit policies.
- Foster strong collaboration with Procurement and Operations teams when shared assets or synergies can create additional value.
Knowledge, Skills and Experience
- Proven experience in physical trading of oil products (Residual and Distillate Fuels preferred).
- Deep understanding of global oil markets and arbitrage dynamics.
- Strong commercial acumen with the ability to think strategically and analytically.
- Excellent negotiation skills; persuasive and influential, able to make quick, informed decisions.
- Exceptional teamwork and communication skills to collaborate across functions, combined with the ability to work independently with high ownership and accountability.
- Ambitious, self‑motivated, and committed to continuous learning and development.
- High level of computer literacy, including proficiency in MS Office and CRM systems.
- Business level English; additional languages desirable.
- Knowledge of residual and distillate fuel pools, feedstocks, and key parameters involved in blending, as well as ISO 8210 specifications.
Oil Products Trader in London employer: Job Search Place Limited
As an Oil Products Trader at our London office, you will join a dynamic and collaborative team that values innovation and strategic thinking. We offer a supportive work culture that encourages professional growth through continuous learning opportunities and the chance to engage with global markets. Our commitment to teamwork and relationship building ensures that you will thrive in an environment where your contributions are recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Oil Products Trader in London
✨Join Supply Chain Meetups
Get yourself out there by attending supply chain meetups and industry events. It's a great way to meet fellow professionals, learn about trends, and maybe even hear about job openings before they’re posted online.
✨Show Off Your Skills on LinkedIn
Don’t just sit back and wait for opportunities! Post insights or articles on LinkedIn about supply chain challenges or solutions you’re passionate about. This not only showcases your expertise but can catch the eye of recruiters looking for someone like you.
✨Engage with Supply Chain Communities
Dive into online communities related to supply chain operations like forums or groups on Reddit and LinkedIn. Engaging in discussions can help you network, get advice, and you might even stumble upon some hidden job opportunities.
✨Apply through Our Website
When you spot a position at Job Search Place Limited, make sure to apply through our website directly. It's often the quickest way to get your application in front of the right people and show that you’re genuinely interested in the role of Oil Products Trader.
We think you need these skills to ace Oil Products Trader in London
Some tips for your application 🫡
Show Your Supply Chain Savvy:Make sure to highlight your relevant experience in supply chain operations. Whether it’s managing logistics or coordinating with suppliers, we want to see examples of how you've navigated the complexities of the supply chain. Concrete achievements, like reducing costs or improving delivery times, will definitely catch our eye!
Quantify Your Impact:When listing your previous roles on your CV, go for numbers! Mention percentages or actual figures where possible—like how much you've improved efficiency or reduced waste. It's all about showing us the tangible impact you've made in your past positions in supply chain operations.
Tailor Your Cover Letter:In your cover letter, don’t just regurgitate your CV. Instead, connect your experiences specifically to the role at Job Search Place Limited. Share why you're passionate about supply chain operations and how this full-time role aligns with your career goals—I mean, who wouldn’t want to hear that!
Research and Reflect:Before you apply, take some time to research Job Search Place Limited and its supply chain operations. Reflect on how your skills and experiences can fit into their operations. Being able to discuss their challenges and how you can contribute to solving them in your application will really make you stand out!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Basics in Supply Chain Management
Make sure you've got a solid grasp of key supply chain concepts like demand forecasting, inventory management, and logistics. We could be quizzed on these during technical rounds, so brush up on any software tools commonly used in the industry like SAP or Oracle. This knowledge will help us show we can hit the ground running!
✨Show Off Your Analytical Skills
Prepare to discuss real-world scenarios where you've used data analysis to solve supply chain challenges. If you've got experience with tools like Excel or Tableau, get ready to talk about how you've used these to optimise processes or improve efficiencies. Employers love seeing that we can turn data into actionable insights!
✨Highlight Your Teamwork and Project Management Skills
In a full-time role, collaboration is key. Think of examples where you've worked on cross-functional teams or managed projects. Sharing how you navigated challenges while working with diverse groups will show that we can thrive in a dynamic environment like at Job Search Place Limited.
✨Research Specific Challenges Faced by Job Search Place Limited
Look into any unique supply chain challenges Job Search Place Limited might be facing, whether it's sustainability, supplier relationships, or global disruptions. Being prepared to discuss these topics shows that we're not only informed but also genuinely interested in how we can contribute to their success. That’s a big plus in any interview!
