Middle Distillates Trader

Posted By Gulf Recruitments
Oil Company - United Arab Emirates - Middle Distillates Trader [Description] Middle Distillates Traders Excellent Career Opportunity Global Business Unit -- Review trading strategy daily/ weekly with Physical Trader Book Lead Monitor and adjust position based on risk and trading limits -- Make trading decisions based on the principle of maximizing returns within agreed risk limit. -- Decide and negotiate deal and validate it with Operations, Contract Administration Analyst and Settlement Analyst. -- Finalize terms and conditions and execute deal Input transaction detail into system in accordance with established procedures. -- Ensure accuracy of transaction terms (including difference between nominated and confirmed volumes) in the system Contact targeted counterparties. -- Evaluate all open trading contracts and asset positions and review daily risk and credit reports. Requirements: -- Degree in Chemical Engineering / Business / Marketing Discipline or relevant Minimum 5 to 8 years of experience in the oil & gas trading ...

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