Posted
Ref: QP275-4312

Job description / Role

Employment: Full Time

Position Title: Paper Trader
Employment Type: Full Time
Salary: up to 30K AED all-inclusive depending on experience and qualifications
Job Location: Dubai, UAE

About the Client:
A well-established group of companies in the Oil & Gas trading industry.

Job Description:
• Manage and minimize all basis and premium risks in all operations of its area in coordination with supply teams
• Perform technical market analysis for the Hedging Desk team to support the business strategy and Hedge individual books using papers instruments
• Setup and monitor the daily trading strategy for all sales contracts as well as spot enquiries
• Set up and monitor quoting procedures (validity, volume tolerances, overnight, cancellations, etc)
• Liaise with Physical Traders and Cargo traders to develop integrated strategies

Requirements

Qualifications:
• 25 to 45 years old
• Bachelor’s Degree in Economics
• At least 5 years of experience in the same role
• Must have knowledge in paper trading and hedging desk trading of the products (mainly Gas Oil & Gasoline is an advantage)
• Must have knowledge in risk management & market analysing
• Candidates who can join immediately will be prioritized

About the Company

RTC-1 Employment Services is a licensed recruitment firm based in Dubai, UAE. Our team has been in the market since 2004 and we are supporting various industries with their staffing needs across the Middle East and Africa.

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PA salaries in UAE

Average monthly compensation
AED 6,500

Breakdown available for industries, cities and years of experience