Trading Manager - Fuel Oil and Distillate Products

A Leading Investment Company In Oman

Sharjah, UAE

Posted
Ref: OP492-03

Job description / Role

Employment: Full Time

• Knowledge of regional oil markets, pipelines and storage facilities.
• Leadership skills, decisiveness, respect of colleagues, and the ability to work in a team within a a dynamic company.
• Maintain a culture where Compliance is a Priority and the highest standards of integrity and ethics are maintained in all interactions with industry participants, customers and internally with other team members and colleagues.
• Understanding of physical and derivatives markets.
• Ability to interpret micro and macro supply and demand fundamentals.
• Analytical and quantitative skills, as well as keen attention to details.
• Ability to manage multiple tasks and perform in a fast-paced team environment.
• Demonstrated track record of profitable oil trading
• Participating in portfolio construction and risk-taking decisions.
• Achieving growth in trading results through coordination with oil companies operations, origination, and other regional trade desks.
• Strategize and coordinate with company leadership to drive success through our origination business.
• Develop customer product offerings including complex multiyear structured transactions with Origination.
• Sound knowledge and experience of Risk, Credit, and Contract Parameters and adhere to both the letter and the spirit of all relevant legislation and compliance.

A full remuneration package with recognised sector bonus system is available, commensurate with the candidates experience and qualifications.

Requirements

• Must demonstrate good experience in oil trading, to include fuel oil and distillates.
• A sound knowledge of and experience with operating the PLATTS platform.
• Able to demonstrate previous experience through his "book" and other customer links.
• Knowledge of regional power and gas markets, pipelines, transmission, generation, and storage facilities.
• Leadership skills, decisiveness, respect of colleagues, and the ability to work a team leader.
• Maintain a culture where Compliance is a Priority and the highest standards of integrity and ethics are maintained in all interactions with industry participants, customers and internally with other team members and colleagues.
• Understanding of physical and derivatives markets.
• Ability to interpret micro and macro supply and demand fundamentals.
• Analytical and quantitative skills, as well as keen attention to details.
• Ability to manage multiple tasks and perform in a fast-paced team environment

In addition
• The successful candidate will occasionally be required to manage business transactions on holidays and weekends by being in an on-call rotation.

Education
• Bachelor degree in petroleum engineering and MBA or equivalent.
• Knowledge and experience in the sector is a prerequisite

About the Company

A leading Investment Company in Oman.

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Training Manager salaries in UAE

Average monthly compensation
AED 23,500

Breakdown available for industries, cities and years of experience