This international oil company is looking for an experienced Biofuels Trader to join their trading team in London. An excellent opportunity to work for one of the frontrunners in the growing biofuels market.
The Bio Team, with traders in London and Singapore is responsible for the supply of biofeedstocks and marketing of the finished products from the company’s biorefineries. The desk is in charge of biodiesel trading and biodiesel feedstock trading.
The job holder is responsible for and takes part in:
Trading of physical and financial Bio products (feedstocks, biodiesel, renewable diesel, bio tickets) Apply understanding of all bio related regulations to ensure compliance and optimise value opportunities
Work with the rest of the team providing strategic support on the development of the bio market (feedstocks and finished products)
Managing price risk exposure on the trading book;
Expand activities for bio products and biofeedstocks;
Liaise with Refining and Marketing to optimise the supply of feedstock and the sale of products;
Work closely with operation team to ensure smooth trading activity
Work closely with Risk, Back office and other internal functions to ensure trades in compliance with internal trading rules.
Negotiate and conclude market transactions on a spot/term basis within an agreed strategy to generate value for the company;
Build and maintain key relationships with suppliers, other trading companies, producers and customers
Develop and present analysis to management to support future trading positions; track and communicate the developments in the market and relevant market intelligence, including supply and demand balances and competitor activities to other traders of the team;
Support the origination team in developing long-term asset and contractual positions in line with the company’s long-term trading strategy;
Liaise with charterers in shipping and operations to ensure all physical movements are executed safely and efficiently;
Guide and mentor the Trading Analysts dedicated to the oil products trading team;
Ensure all trading activity is always carried out in compliance with all relevant policies andregulations and principles of the company.
3+ years of trading experience in Biofuel sector (feedstocks, biodiesel, renewable diesel, bio tickets);
Knowledge of operations, trading and origination activities;
Knowledge of Bio regulatory framework, finished products and feedstocks quality parameters for biodiesel;
Knowledge of the energy trading and supply industry;
Proven ability to develop networks and build relationships with counterparties;
Ability to think creatively;
Preferred Educational Qualification is a Degree (with preference for numerate subject such as Engineering, Mathematics or Economics);
Experience with derivative instruments for hedging;
Knowledge of IT standard software and software dedicated to the trading activities; strong team player;
Strong written and verbal communication skills and ability to build effective relationships internally and externally;
Full command of English language (written & spoken); knowledge of any other language would be beneficial.
For more information, please contact Peter Morgan