Trader - Lead Fertilizer (2000)

Saudi Arabian Oil Co
      30+ days ago

      Job Description

      JOB DESCRIPTION SUMMARY

      Manage Fertilizer Trading activity by formulating strategies and executing physical and paper trades to achieve commercial objectives for [Relevant Product] within set risk and resource parameters. Hold accountability for profit/loss generated from trading activity agreed with Global Head.

      KEY DUTIES and RESPONSIBILITIES

      • Agree scope of Trading Activity to be managed with Global Head of [Relevant Product] along with relevant commercial objectives and risk thresholds
      • Formulate trading strategy and execute physical and paper trades to achieve commercial objectives
      • Ensure compliance with internal policies and external regulations governing trading activities.
      • Monitor and adapt trade execution in timely fashion considering lates market trends and competitor behavior
      • Engage with Middle Office to enable accurate recording of trades and ensure accurate P&L and Exposure reporting

      COMMUNICATION

      Internal Communication

      • Regularly communicate with global team members to discuss trading strategies and coordinate trade execution.
      • Provide updates to the Book Leader and other relevant stakeholders on trade performance and risk management activities.
      • Collaborate with internal departments such as Finance, Operations, and Compliance to ensure alignment and compliance with company policies and procedures.

      External Communication

      • Engage in negotiations with counterparties and clients to finalize trade agreements and contracts.
      • Communicate with external vendors and service providers to facilitate trade execution and resolve any operational issues.
      • When necessary, interact with regulatory bodies and industry organizations to stay informed about regulatory changes and industry best practices.

      JOB REQUIREMENTS

      Education and Skills (Required, Preferred)

      • Bachelor's degree in science, Engineering, or Economics.
      • Knowledge of ammonium sulfate and urea
      • Strong communication, negotiation, and teamwork skills.
      • Ability to identify and resolve complex issues efficiently, especially in high-pressure trading environments.
      • Precision and thoroughness in analyzing data, contracts, and market trends to make informed trading decisions

      Preferred

      • Proficiency in trading systems and software as well as Microsoft Excel

      Experience and Knowledge (Required, Preferred)

      • Understanding of product demand, supply, shipping, storage & logistics for relevant trading area and product
      • Understanding of relevant laws and regulations governing commodity trading, ensuring adherence to legal requirements.
      • Well-connected with end-users and counterparties worldwide

      Abilities and Specific Requirements (Required, Preferred)

      • Entrepreneurial mindset with a passion for trading.
      • Intuitive decision-making ability and a tolerance for risk.

      NO THIRD-PARTY CANDIDATES ACCEPTED

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