At a Glance
- Tasks: Negotiate LNG trades and develop strategies in a dynamic energy market.
- Company: Join a leading global energy firm with a collaborative spirit.
- Benefits: Competitive salary, career growth, and opportunities to work internationally.
- Other info: Exciting role with a chance to shape the future of energy trading.
- Why this job: Be at the forefront of the energy transition and make impactful trading decisions.
- Qualifications: Degree holder with 3+ years of LNG trading experience.
The predicted salary is between 60000 - 80000 β¬ per year.
About the role
What you'll do
- Trade Negotiation: Negotiate with counterparties and participate in tenders for physical cargo transactions. Break down the conditions in detail including but not limited to Key Term Sheet, Confirmation and MSPA. Execute deals under the direction of the Head. Structure the deal including physical terms and hedging strategies. Lead deal negotiations/communications with Chinese counterparties.
- Support Execution and Strategy Development: Monitor the daily energy market and support trade execution under the direction of the Head. Participate in discussions with Originators and Sumitomo affiliate European Gas Desk to develop transactions in line with GasLink's strategy and assist LNG trade executions under the direction of the Head. This includes necessary research on the Atlantic market and trading partners. Engage with counterparties, identify their potential needs, and make specific proposals.
- Communication and Collaboration: Communicate with Sumitomo and affiliate LNG-related Asian teams and work together to develop businesses. Communicate effectively with operators, legal, risk and back-office team to ensure reliable delivery, while also identifying optionality in physical trades to increase revenue. Discuss with Originators to assist in the detailed design of new trades, such as term trades and structured trades, to achieve future optimization.
- Trade Calculations: Calculate the profit potential, risks, and option value of each trading opportunity, providing information that can be used in trading decisions.
- Position Management: Manage daily paper and physical positions, considering the better balance of appropriate risk and return and support execution under the direction of the Head.
- Establish the Framework: Contribute to establishing the framework necessary for the smooth execution of global LNG transactions. This includes, but is not limited to, contributing to the establishment of the necessary trading systems and making recommendations on effective operational and risk management structures.
Qualifications
- Undergraduate degree, Master is a plus
- More than 3 years of experience as a LNG Trader
UK LNG Trader in London employer: Pacific Summit Energy
As a leading player in the LNG trading sector, we pride ourselves on fostering a dynamic and collaborative work environment that encourages innovation and professional growth. Our London office offers a vibrant culture where employees are empowered to take initiative, supported by comprehensive training and development opportunities, ensuring that you can thrive in your role as an LNG Trader while contributing to our strategic objectives in the global energy market.
StudySmarter Expert Adviceπ€«
We think this is how you could land UK LNG Trader in London
β¨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. The more people you know, the better your chances of landing that LNG Trader role.
β¨Tip Number 2
Show off your skills! Prepare for interviews by brushing up on your negotiation tactics and market analysis. Be ready to discuss how youβd handle real-life trading scenarios.
β¨Tip Number 3
Stay updated on market trends! Keep an eye on the energy market and be prepared to share insights during interviews. It shows you're proactive and passionate about the LNG sector.
β¨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us. Plus, it makes it easier for us to spot your application and get in touch.
We think you need these skills to ace UK LNG Trader in London
Some tips for your application π«‘
Tailor Your CV:Make sure your CV is tailored to the LNG Trader role. Highlight relevant experience, especially in trading negotiations and market analysis. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about LNG trading and how your skills can contribute to our team. Keep it concise but impactful β we love a good story!
Showcase Your Analytical Skills:Since this role involves trade calculations and risk management, be sure to mention any analytical tools or methodologies youβve used in past roles. Weβre looking for someone who can crunch numbers and make informed decisions!
Apply Through Our Website:We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures you donβt miss out on any important updates. Plus, we love seeing applications come through our own channels!
How to prepare for a job interview at Pacific Summit Energy
β¨Know Your Market
Before the interview, dive deep into the current trends in the LNG market. Understand the key players, recent price movements, and any geopolitical factors that could impact trading. This knowledge will not only impress your interviewers but also help you engage in meaningful discussions.
β¨Master the Details of Trading Agreements
Familiarise yourself with the intricacies of Key Term Sheets, Confirmations, and MSPAs. Be prepared to discuss how you would approach negotiations and what strategies you would employ to structure deals effectively. Showing that you can break down these documents will demonstrate your expertise.
β¨Showcase Your Communication Skills
Since this role involves collaboration with various teams, practice articulating your thoughts clearly and concisely. Prepare examples of how you've successfully communicated with different stakeholders in past roles, especially in high-pressure situations. This will highlight your ability to work well with others.
β¨Prepare for Scenario-Based Questions
Expect questions that require you to think on your feet, such as how you would handle a sudden market shift or a challenging negotiation. Think through potential scenarios and outline your thought process. This will showcase your analytical skills and ability to manage risk effectively.