At a Glance
- Tasks: Lead projects to enhance our innovative Commodity Trade Risk Management system.
- Company: Join Vitol, a global leader in the energy sector committed to sustainability and diversity.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration across 40 offices worldwide.
- Why this job: Be part of a team driving the energy transition while developing your skills in a supportive culture.
- Qualifications: 2-4 years in management consulting; degree in Economics, Engineering, or Computer Science required.
- Other info: Experience in commodities or software development is a plus; French language skills are beneficial.
The predicted salary is between 36000 - 60000 £ per year.
Company Description
Vitol is a leader in the energy sector with a presence across the spectrum: from oil through to power, renewables and carbon. From 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $2 billion of capital to renewable projects, and are identifying and developing low-carbon opportunities around the world.
Our people are our business. Talent is precious to us and we create an environment in which individuals can reach their full potential, unhindered by hierarchy. Our team comprises more than 65 nationalities and we are committed to developing and sustaining a diverse work force. Learn more about us here.
Job Description
We believe that technology is key to success in today’s and tomorrow’s energy markets. As such, Vitol is unique in the energy trading world in:
Having developed our proprietary Commodity Trade Risk Management (CTRM) system covering:
- All aspects of our business, from Front-Office trade entry and exposure computation, through Middle-Office P&L reporting, credit and compliance, down to Back-Office invoicing
- Across all the commodities we trade: power, natural gas, LNG, coal, oil or carbon emissions certificates
- Making this CTRM the backbone of our business processes that every employee works with on a daily basis
We have embarked on a major upgrade to our CTRM to further accelerate our rapid expansion in Energy transition commodities: power, natural gas, LNG, carbon emissions certificates.
Your primary mandate as project manager will be to ensure delivery of key features of the CTRM. You will work in close coordination with users – Trading desks, Risk management team, Management – and Development teams to:
- Understand and capture business requirements
- Translate them into functional designs and technical prototypes
- Coordinate development
- Ensure roll out and adoption by users – be it Trading desks, Risk management team, or Management – and delivery of added value
As a member of the Business & Process Improvements (BPI) team, made up of six talented ex-MCK and BCG consultants, you will also have the opportunity to:
- Support senior management business understanding by contributing to reporting and designing live dashboards
- Conduct business and strategy reviews with trading desks
- Support the creation and/or integration of new businesses
Qualifications
- 2 to 4 years experience working for a top-tier management consulting firm
- Degree in Economics, Engineering or Computer Science from a top university
- Entrepreneurial drive, ability to work independently as well as in a team
- Excellent problem-solving skills – able to find pragmatic solutions with an analytical mindset
- High attention to detail and structured thinking
- Excellent communication and interpersonal skills, ability to convey complex concepts in simple terms
- Full business English proficiency, verbal & written
Additional Information
Additional qualifications that can help you stand out:
- Previous experience in the commodities – ideally Gas & Power – and/or derivatives trading industry
- Previous experience in software design & development
- French language skills a plus (but not required)
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Project Manager employer: Vitol
Contact Detail:
Vitol Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Manager
✨Tip Number 1
Familiarise yourself with the Commodity Trade Risk Management (CTRM) system. Understanding how it works and its importance in the energy trading world will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the energy sector, especially those with experience in project management or consulting. Engaging with them can provide insights into the role and potentially lead to referrals.
✨Tip Number 3
Showcase your problem-solving skills by preparing examples of past projects where you successfully managed complex requirements and delivered results. This will demonstrate your capability to handle the responsibilities of the role.
✨Tip Number 4
Stay updated on trends in the energy sector, particularly around renewable energy and carbon emissions. Being knowledgeable about current developments will help you engage in meaningful discussions during the interview process.
We think you need these skills to ace Project Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in project management, particularly in the energy sector or with commodities. Emphasise your problem-solving skills and any experience with software design or development.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for Vitol and the role of Project Manager. Discuss how your background aligns with their focus on technology and energy transition, and mention any specific projects that demonstrate your capabilities.
Highlight Relevant Experience: When detailing your work history, focus on roles where you coordinated teams or managed projects. Use metrics to showcase your achievements, such as successful project completions or improvements in efficiency.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples of how you've effectively conveyed complex concepts in previous positions. This could be through presentations, reports, or team collaborations.
How to prepare for a job interview at Vitol
✨Understand the Company and Its Values
Before your interview, take some time to research Vitol and its role in the energy sector. Familiarise yourself with their commitment to renewable projects and their proprietary CTRM system. This will help you align your answers with their values and demonstrate your genuine interest in the company.
✨Showcase Your Project Management Skills
Be prepared to discuss specific examples from your past experience that highlight your project management abilities. Focus on how you've successfully coordinated teams, managed timelines, and delivered results, especially in a consulting environment. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Problem-Solving Abilities
Vitol is looking for candidates with excellent problem-solving skills. Prepare to discuss challenges you've faced in previous roles and how you approached them. Highlight your analytical mindset and ability to find pragmatic solutions, as this aligns with the requirements of the Project Manager position.
✨Communicate Clearly and Effectively
Given the need to convey complex concepts simply, practice explaining technical ideas in layman's terms. During the interview, focus on clear communication and active listening. This will not only showcase your interpersonal skills but also demonstrate your ability to work effectively with diverse teams.