Commodity Trading Analyst (Oil & Gas Focus) at iRecruiters Africa – Apply Now

• The ideal candidate for this role must have a solid background in the supply chain management of the oil and gas industry with a focus on trading and business development and will also be a key contributor to the company’s growth and revenue generation.

Key Responsibilities:

• Develop a business network for oil buyers and sellers.
• Conduct in-depth research and analysis of global commodity markets, with a primary focus on crude oil, bulk petroleum products, natural gas, and LPG.
• Monitor and report on market trends, price movement, and key market indicators on local and international media platforms.
• Provide insights and recommendations based on market research to inform trading strategies.
• Develop and implement trading strategies to optimize commodity trading operations.
• Assess and manage risk factors associated with trading positions.
• Execute spot buying, futures, or options transactions effectively
• Identify and cultivate relationships with potential clients and stakeholders within the oil and gas marketplace.
• Explore opportunities for initiating and expanding client base and market presence.
• Prepare and present compelling proposals to attract new business partners.
• Oversee various aspects of the supply chain, including procurement, importation, shipping, and logistics.
• Ensure smooth operations related to depot management and transactions.
• Collaborate with international traders and relevant government agencies to facilitate trade.
• Secure all necessary permits, licenses, and import documentation to ensure compliance with regulations.
• Maintain accurate records of transactions, contracts, and import documentation.
• Prepare and submit daily and monthly reports to senior management regarding trading activities, tenders, sales, procurement, and market conditions.
• Provide timely updates on market trends based on Bloomberg, Reuters news, and other related online platforms.

Requirements

• Bachelors degree in Business, Finance, Economics, or any other relevant field of study.
• A minimum of 5 years of experience in commodity trading, with a focus on oil and gas.
• Strong analytical skills with the ability to interpret market data and trends.
• Proven experience in developing and implementing successful trading strategies.
• Excellent negotiation, risk management, and business development skills.
• Knowledge of relevant regulations and compliance requirements in the commodity trading sector.
• Proficiency in using trading platforms and software.
• Strong interpersonal skills, ability to build and maintain client relationships, and exceptional communication and presentation skills.