Company Name - International Company for Oil & Gas Services
Location - UAE
Job Title: Operations Manager - Oil Trading
Position Overview:
is seeking a highly qualified and experienced Operations Manager specializing in oil trading to join our team in the UAE. The successful candidate will take on a pivotal role, overseeing back-office operations and trade execution for oil trades within the Middle East, India, and Africa. This position requires a strong background in shipping, counterparties management, and a bonus if you bring trade finance expertise.
The ideal candidate will have a minimum of 10 years of relevant experience and the ability to contribute to the organization with their own book of trades.
Key Responsibilities:
● Back Office Operations: Oversee and manage all back-office operations related to oil trading, ensuring efficient and accurate execution of trades.
● Trade Execution: Work closely with the trading team to ensure seamless execution of oil trades into and from the Middle East, India, and Africa.
● Shipping Coordination: Collaborate with shipping partners to ensure timely and cost-effective transportation of oil products, monitoring shipping schedules, and resolving any logistical challenges.
● Counterparty Management: Develop and maintain strong relationships with counterparties, suppliers, and other stakeholders involved in the trading process.
● Trade Finance (Bonus):
Utilize trade finance knowledge to optimize financial transactions and mitigate risks associated with oil trading activities.
● Risk Management: Implement effective risk management strategies to safeguard the company's interests and ensure compliance with industry regulations.
● Book of Trades: Leverage a minimum of 10 years of industry experience to bring a substantial book of trades, contributing to the overall success of the trading desk.
● Reporting: Generate regular reports on trading activities, performance metrics, and other relevant KPIs for internal stakeholders.
Qualifications:
● Minimum 10 years of Experience: Proven track record in oil trading operations with a minimum of 10 years of relevant experience.
● Shipping and Logistics: Strong understanding of shipping processes and logistics in the context of oil trading.
● Counterparty Relations: Excellent interpersonal skills with a demonstrated ability to build and maintain relationships with counterparties and stakeholders.
● Trade Finance (Bonus): Previous experience in trade finance is a bonus.
● Analytical Skills: Robust analytical and problem-solving skills to address complex issues related to trade execution and operations.
● Book of Trades: Demonstrated ability to bring a significant book of trades to the organization.
● Education: Bachelor's degree in Business, Supply Chain Management, or a related field. An advanced degree is a plus.