Trader (Oil&Gas)

A Leading Company In UAE; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A prominent firm in the petrochemical sector located in Dubai is seeking a Trader to manage trading activities in the oil and gas sector. The ideal candidate will have a minimum of 8 years of experience and a Bachelor's degree in a relevant field. This role involves optimizing trading opportunities, cultivating relationships with local businesses, and managing a substantial portfolio of petrochemical products. Strong communication and negotiation skills are essential for success in this role.

Qualifications

• Minimum of 8 years of experience in trading oil and gas products.
• Fluent in English; additional languages are a plus.

Responsibilities

• Manage trading activities in the oil and gas sector.
• Source and cultivate relationships with local partners.
• Optimize trading opportunities and mitigate risks.
• Manage a substantial book of 25–40 petrochemical products.
• Demonstrate expertise in various petrochemical products.

Skills

Knowledge of petrochemical market dynamics

Strong communication skills

Negotiation skills

Relationship-building skills

Proficiency in trade finance software

Proficiency in Microsoft Office Suite

Knowledge of international trade regulations

Education

Bachelor’s degree in finance, Economics, Business Administration

Tools

Trade finance software

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

The Trader will be responsible for managing trading activities in the oil and gas sector. This role will involve sourcing and cultivating relationships with local partners and businesses within the petrochemical industry, optimizing trading opportunities, and mitigating risks effectively. The ideal candidate will possess substantial experience in trading petrochemical products, a comprehensive understanding of the petrochemical market, and strong communication and negotiation skills.

Key Responsibilities

• Demonstrate substantial experience in trading petrochemical products, specializing in Aromatics, Polymers, MEG, Alcohols, Solvent Glycoles, Methanol, Caustic Soda, and Fertilizers.
• Drive business growth and development by sourcing and cultivating relationships with local partners and businesses within the petrochemical industry.
• Possess a comprehensive understanding of the petrochemical market as a whole, staying abreast of trends, demands, and fluctuations to inform trading strategies.
• Manage a substantial book of 25‑40 petrochemical products, leveraging 10‑15 years of industry experience to optimize trading opportunities and mitigate risks effectively.
• Engage as a cross‑trader or demonstrate expertise across various petrochemical products while understanding their intricacies and market dynamics.
• Effectively liaise with multiple businesses within and around the petrochemical sector, fostering strategic partnerships and collaborations.

Experience

Minimum of 8 years of experience in trading oil and gas products.

Education

Bachelor’s degree in finance, Economics, Business Administration, or a related field.

Skills

• In‑depth knowledge of the petrochemical market dynamics, trends, and demands.
• Strong communication, negotiation, and relationship‑building skills.
• Proven ability to manage a substantial book of 25‑40 petrochemical products.
• Proficiency in using trade finance software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Advanced knowledge of international trade regulations (e.g., UCP 600).

Language

Fluent in English; additional languages are a plus.