At a Glance
- Tasks: Lead the analysis of gasoil, jet, and kerosene markets to influence trading decisions.
- Company: Dynamic international energy trading business with growth opportunities.
- Benefits: Competitive salary up to $175,000, bonuses, and relocation support to Dubai.
- Other info: Collaborate daily with traders and mentor junior analysts as you grow the function.
- Why this job: Be the first dedicated analyst and shape the future of middle distillates trading.
- Qualifications: Six years of market analysis experience in oil products, especially middle distillates.
The predicted salary is between 63000 - 77000 £ per year.
A growing international energy and commodities trading business is hiring its first dedicated middle distillates analyst.
You will build the function, define its approach and work alongside the traders, with direct input into trading decisions.
Your core coverage will be gasoil, ULSD, jet and kerosene, including fundamentals, flows, refinery economics, outages, policy and macroeconomic drivers.
This role requires a dedicated distillates specialist.
Candidates whose recent experience is primarily in crude or broader products coverage with limited distillates exposure are unlikely to be suited to this role.
What You Will Do
- Own the middle distillates outlook, covering global gasoil, jet and kerosene balances, trade flows and their underlying drivers.
- Build and maintain country-level demand models, including the impact of policy changes.
- Model refinery and non-refinery supply, including biofuels, GTL and synthetics.
- Monitor refinery capacity, outages and logistics, keeping the desk’s databases current.
- Translate analysis into actionable trade ideas, including scenarios, relative value opportunities and timing.
- Work with data scientists and engineers to develop pipelines and tools that support trading decisions.
- Mentor graduates and junior analysts as the function grows.
- What we are looking for
- At least six years of oil products market analysis experience, with middle distillates as your core coverage.
- Experience at a trading house, oil major, refiner or specialist analytics business, with direct trading-floor exposure.
- Evidence that your analysis has influenced trading decisions, positions or P&L.
- Strong knowledge of refining economics, global oil flows, and physical and paper distillates markets.
- Advanced Excel, Python and SQL skills, alongside econometric and statistical modelling experience. Snowflake experience is a plus.
- A degree in petroleum or chemical engineering, economics, statistics, computer science or a related discipline.
- Spanish, Portuguese, Mandarin or French would be useful but is not essential.
The confidence to challenge views, defend your analysis and adapt when the market proves you wrong.
As the desk’s first dedicated analyst, you will need to make an impact from the outset.
- On offer
- The opportunity to build the analytics function for a growing physical distillates book across the Gulf, Africa and Asia
- Daily collaboration with traders and direct involvement in trading decisions.
- Base salary of up to approximately US$175,000, depending on experience, plus bonus.
- A Dubai-based role with relocation support. Candidates currently based in London, Geneva, Singapore and Houston will be considered.
Middle Distillates Analyst (Gasoil, Jet and ULSD) (8E87445) in London employer: Referment
Referment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Finance Director, you will not only lead the finance function but also play a pivotal role in shaping the company's growth trajectory, with ample opportunities for professional development and advancement. Located in a vibrant B2B technology hub, the company provides a supportive environment where your contributions are valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Middle Distillates Analyst (Gasoil, Jet and ULSD) (8E87445) in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Referment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Middle Distillates Analyst (Gasoil, Jet and ULSD) (8E87445) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Referment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Referment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Referment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Referment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Referment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Referment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
