At a Glance
- Tasks: Assist traders with logistics, market research, and trading analysis.
- Company: Join a dynamic marketing and trading business in the global energy sector.
- Benefits: Gain valuable experience in a fast-paced environment with potential for growth.
- Why this job: Be part of a growing team that impacts global energy operations and develops your skills.
- Qualifications: Bachelor’s degree in Marketing, Logistics, Petrochemical or related fields required.
- Other info: Ideal for those passionate about the energy market and eager to learn.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a marketing and trading business supporting global energy operations. They are involved in equity production marketing, third-party trading, shipping, storage, and derivatives. The organisation operates across global time zones and continues to grow its European customer base across a range of energy products.
Due to continued expansion, we are seeking a Trading Assistant to assist the Traders in managing the logistics of a deal to the best commercial advantage whilst ensuring all contractual and compliance obligations are met, acting as an alternative operational interface with internal and external stakeholders, ensuring the traders' requests are well met.
Responsibilities
- Supporting physical/paper Traders.
- Assisting traders during executing trades by drafting recap, monitoring positions exposure, and necessary communication with operation personnel on behalf of trader.
- Supporting market research.
- Providing support for trading analysis and commencing relevant research on physical and derivative markets, providing necessary assistance under trader’s instruction.
- Consolidating Trading records by collecting, analysing, recording, and reporting the trading data under the instruction from trading and line manager.
- Supporting and managing the trading system input, maintaining accurate records of trades, positions, and trading system for compliance and reporting purposes.
- Using relevant trading/approving platform.
- Supporting Risk Management by assisting in monitoring and managing risk exposure by implementing risk controls and monitoring trading limits and necessary communication with risk control.
- Communicating effectively with traders, brokers, and other team members to ensure smooth trade execution and resolve any issues that may arise.
- Other tasks which trader/line manager/Senior management request to help.
EDUCATION/QUALIFICATIONS
Bachelor’s degree or degree level qualification in Marketing, Logistics, Petrochemical or other related subjects.
SKILLS & COMPETENCIES
- High sensitivity to the crude oil and petroleum products market.
- Well-developed listening skills and collaborative instincts and excellent skills in communicating, negotiating, networking and influencing internally and externally.
- Knowledge of the following oil and gas commercial agreements preferable: Joint Operating Agreements, Construction & Tie-in Agreements, Transportation & Processing Agreements, Allocation Agreements.
- Commercial awareness/instincts to ensure rational economic results of operational alternatives.
- Ability to work under pressure.
- Ability to prioritise and organise work and work to deadlines.
- Numerate and computer literate.
- Basic knowledge in Operations, Risk control, Trade Finance, Cargo Operation and Shipping market.
- Basic to advanced knowledge in MS Office, Platts, ICIS and Thomson Reuters etc.
Trading Assistant employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading Assistant
✨Tip Number 1
Familiarise yourself with the energy trading market, especially crude oil and petroleum products. Understanding current trends and market dynamics will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the trading and logistics sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at our company.
✨Tip Number 3
Brush up on your knowledge of commercial agreements related to oil and gas. Being able to discuss Joint Operating Agreements or Transportation Agreements confidently will demonstrate your preparedness for the role.
✨Tip Number 4
Showcase your ability to work under pressure by preparing examples from past experiences where you successfully managed tight deadlines or complex tasks. This will highlight your suitability for the fast-paced trading environment.
We think you need these skills to ace Trading Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Trading Assistant role. Emphasise any background in marketing, logistics, or the energy sector, and showcase your ability to work under pressure and manage multiple tasks.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Explain how your skills in communication, negotiation, and market analysis make you a great fit for supporting traders and managing logistics.
Highlight Relevant Skills: In your application, be sure to mention your familiarity with trading systems and platforms, as well as your knowledge of oil and gas commercial agreements. This will demonstrate your readiness to assist traders effectively.
Showcase Your Analytical Abilities: Provide examples of how you've successfully collected, analysed, and reported data in previous roles. This is crucial for the Trading Assistant position, where you'll need to consolidate trading records and support trading analysis.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Understand the Energy Market
Familiarise yourself with current trends in the crude oil and petroleum products market. Being able to discuss recent developments or fluctuations will show your genuine interest and understanding of the industry.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with traders, brokers, and other stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in past roles, especially in high-pressure situations.
✨Showcase Your Analytical Abilities
Be ready to discuss your experience with data analysis and trading records. Highlight any tools or software you’ve used, such as MS Office or trading platforms, and how you’ve applied them to support trading decisions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to manage risk. Think of scenarios where you had to prioritise tasks or resolve conflicts, and be prepared to explain your thought process and outcomes.