At Eleven, our knowledge of the oil trading, shipping and supply industry is born out of experience. Our parent company Ashley and Dumville, who put down roots in coal and coke sales during the 1880s, saw the family business diversifying into industrial oil trading and shipping in the 1950s, expanding into domestic oil trading and shipping in the 1970s.
This experience positioned us well to understand the needs and complexities of each submarket in the international trading arena and find the best in mid-level, senior management and C-suite professionals within the sector.
We know front office back to front, specialising in trading, origination, sales, derivative marketing and quant analytics. Our risk and finance team are highly skilled at matching candidates with roles in risk management, analysis, finance, compliance and legal, as well as refinery planning and optimisation. We work with candidates in chartering, trading operations, vessel operations and bunkering. To complement our activity in operations, we also represent roles in demurrage, claims and loss control.
Our portfolio of clients globally includes leading commodity trading businesses, IOCs, NOCs, refiners, tanker owners, brokers and investment banks, with a focus on London and Switzerland as well as Singapore, the Middle East and the US.
Get in touch with our specialist consultants to discuss your needs.
Junior Level Trading Analyst
City of London
We are looking for a Junior Level Trading Analyst to join an international energy trading house in Central London. The role, working with the Shipping, Chartering and Operations departments, under supervision of senior members of the team, will be responsible for contributing to the development and execution of the trading strategy of the Global Crude Trading team. The role reports directly to the Head of Global Crude Trading and will work closely with Trading, Operations, Upstream Marketing, Middle office and Back office functions. PRINCIPAL DUTIES AND RESPONSIBILITIES: 1. Support traders in the following activities: Analysis of client and market data in order to help develop and execute trades. Data entry for cargo purchases and sales, hedges, freight and logistics costs, purchase and sales prices and additional costs related to each transaction. Data entry of derivatives transactions Cargo Tracking - set up, maintain and improve a “cargo tracking” excel sheet (vessels b/l, destination, ws rate.) Consulting with Middle Office for P&L reconciliation. 2. Prepare various reports, calculations and research projects: Market analysis (supply and demand, global arbitrage, margins). Internal reports on trading activity. Daily update of excel sheet, reflecting the Market Structure (time spreads). Arb and Crack calculations. Track refinery turnarounds. 3. The role may also require assistance with the following tasks: Risk management and market monitoring, as instructed and guided by traders Liaising with crude traders in Houston and Singapore as well as products trading desks QUALIFICATIONS & SKILLS REQUIRED University Degree in a Quantitative Studies (Engineering, Maths, Statistics, Physics or IT) Strong quantitative and analytical skills. Ability to develop skills such as strategic thinking, decisiveness and risk awareness. Flexibility to operate in challenging and ever changing environment. Well organised and good attention to detail.