Job title: Oil and Gas Trader (West African Region)
Company: Oasis Africa Consulting
Job description: Company DescriptionOur client is a multinational oil and gas trading group with a presence in Africa, Asia, and the Middle East. With over a decade of expertise in petroleum product trading and marine logistics, they have established themselves as industry leaders. The company provides a world-class working environment and a competitive remuneration package designed to attract and retain top talent in the sector. We are seeking an experienced and driven Oil and Gas Trader to oversee the buying and selling of oil and gas commodities across the West African region. The ideal candidate will be responsible for analyzing market trends, negotiating transactions, and managing trading risks effectively.The role holder will report to the Chief Operating Officer, based in Lagos, Nigeria.Job DescriptionKey Responsibilities:Analyze market trends and forecasts to identify profitable trading opportunities.Negotiate and execute trade agreements with suppliers, buyers, and relevant stakeholders.Assess and manage trading risks while ensuring full compliance with company policies and regulatory requirements.Build and maintain strong relationships with key stakeholders, including suppliers, buyers, and industry experts.Stay informed on industry developments, market trends, and regulatory changes.Oversee all commercial and shipping operations.Handle the submission of cargo documentation in accordance with PPPRA and DPR regulations.Coordinate and communicate effectively with traders, affiliates, chartering, finance, demurrage, accounts, legal departments, and senior management.Manage storage positions, truck sales, and monthly stock reconciliation, particularly in West Africa.Organize and maintain accurate contractual and shipping records.Review and approve logistics/shipping invoices from storage companies, agents, inspectors, and other counterparties.Monitor trade P&L, disbursement accounts, inspection processes, claims, and re-invoicing activities.Maximize revenue, ensure secured payments, and document all claims efficiently.Carefully review contractual terms and develop template agreements to prevent disputes or potential litigation in trading transactions.QualificationsExtensive knowledge of the downstream sector in Nigeria and the Anglophone West African region.Well-established network and strong relationships within the industry.Confident, commercially astute, and highly business-minded.Holds a Bachelor’s or Master’s degree in Engineering, Social Sciences, or Management Sciences.Thrives in fast-paced and dynamic work environments.At least 7 years of experience in oil trading, energy, logistics, or shipping, demonstrating a strong curiosity and passion for the energy trading sector.Proven experience in oil trading within Nigeria and the Anglophone West African region.Exceptional organizational and problem-solving abilities, with solid negotiation skills and a solution-oriented mindset.Strategic thinker with the ability to grasp the bigger picture.Strong sense of accountability and ownership of responsibilities.Excellent communication skills (both written and verbal) with leadership qualities that inspire and influence.Sharp analytical abilities and proficiency in IT tools.Additional InformationCompetitive remuneration.
Expected salary:
Location: Lekki, Lagos State
Job date: Tue, 01 Apr 2025 22:09:15 GMT
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