Trade Operations Executive - Oil & Petrochemicals
Key Responsibilities
P&L Optimization
- Support traders in maximizing deal profitability through effective voyage planning and operational execution.
End-to-End Operations Management
- Manage the full supply chain lifecycle for oil and petrochemical cargoes, from deal recap to final delivery, including payments and demurrage processes.
Contracting & Documentation
- Review and provide input on deal recaps.
- Draft, negotiate, and execute sales contracts and General Terms & Conditions (GTCs).
- Ensure timely compliance with all critical nomination and contractual milestones.
Shipping & Chartering Coordination
- Collaborate with the chartering team on vessel clearance, post-fixture optimization, and demurrage claims handling and settlement.
Trade Finance & Settlements
- Maintain a working understanding of trade finance structures and credit terms.
- Handle post-trade documentation, provisional/final pricing approvals, and payment settlements (TT).
Systems & Process Management
- Utilize trading systems such as Aspect (or equivalent) for trade execution and tracking.
- Continuously streamline workflows to improve operational efficiency and minimize errors.
Stakeholder Management
- Work closely with traders, charterers, and asset teams to ensure seamless integration across functions.
- Maintain relationships with external parties including vendors, inspectors, and terminals.
Risk & Compliance
- Identify and assess operational risks; recommend controls and ensure adherence to industry regulations and internal standards.
Continuous Improvement
- Drive initiatives to enhance processes, reduce costs, and improve overall operational performance.
Culture & Team Contribution
- Promote a culture of accountability, collaboration, and continuous development within the team.
Skills & Requirements
- Minimum 3 years' experience in operations within the oil and/or petrochemical trading sector.
- Degree in Engineering, Supply Chain, or a related discipline preferred.
- Strong knowledge of trade contracts, industry practices, and regulatory frameworks in oil/chemicals trading.
- Solid understanding of global supply chain, logistics, and procurement processes.
- Proactive with strong problem-solving skills and the ability to anticipate and mitigate operational challenges.
- Excellent communication skills (written and verbal) in English.
- Ability to perform effectively in a fast-paced, high-pressure environment.
FAQs
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