Crude Trader

Puma Energy; Genf; On-site; CHF 120,000 - 240,000; Full time

Job summary

Trafigura in Geneva seeks a Crude Trader to join the crude trading desk. You will own physical trading, book optimisation, and P&L in West Africa and Latin America, while expanding toward the Mediterranean and Atlantic Basin arbitrage opportunities.

You will work with senior traders to deepen knowledge of crude fundamentals, loading logistics, and market dynamics, contributing to global market views and risk management.

Qualifications

• 1–3 years' experience in crude oil physical trading and 3+ years in commodities trading.
• Strong knowledge of West African and/or Latin American crude grades, loading logistics and pricing.
• Excellent command of English, both written and spoken.

Responsibilities

• Trade and develop West African and Latin American crude oil books with physical trading, optimisation, risk management and P&L responsibility.
• Progressively take on the Mediterranean book alongside senior traders.
• Identify and capture arbitrage opportunities from West Africa and Latin America toward Europe, the Mediterranean and the Far East.

Skills

Crude trading

P&L ownership

Risk management

Arbitrage knowledge

English proficiency

Education

Finance / Economics / Engineering or quantitative field

Job description

Main purpose

We are looking for a Crude Trader to join our crude oil trading desk in Geneva, focusing on the West African and Latin American books and building towards the Mediterranean. Working alongside experienced traders, you will take ownership of physical trading activity, book optimisation and P&L in your core regions, while deepening your command of Atlantic Basin and Far East arbitrage flows. This is an opportunity to grow quickly, and to broaden from a regional specialism into a wider Atlantic Basin book, within one of the world's leading trading companies.

Key responsibilities

Trade and develop the West African and Latin American crude oil books, with responsibility for physical trading, optimisation, risk management and P&L, and progressively take on the Mediterranean book alongside senior traders. Identify and capture arbitrage opportunities out of West Africa and Latin America towards Europe, the Mediterranean and the Far East, incorporating crude quality, freight, regional refining economics and alternative crude values. Maintain detailed knowledge of West African and Latin American crude grades, production developments, loading programmes, export flows and refinery demand. Monitor global crude fundamentals, refinery margins, freight markets and competing regional flows (including European balances) to identify relative-value and trading opportunities and contribute regional insight to the desk's global market view.

Required qualifications

Minimum 1–3 years' experience in crude oil physical trading, with a total of 3+ years in Commodities Trading Demonstrable working knowledge of West African and/or Latin American crude grades, including quality parameters, pricing mechanisms and loading logistics, with the ability to trade third-party physical cargoes in these regions. Evidence of P&L contribution (from trade ideas, book management or hedging) and the drive to build a measurable track record through different market conditions. Good grasp of Atlantic Basin arbitrage mechanics, including freight, quality adjustments and refining economics, and the appetite to develop Far East arbitrage expertise. Solid understanding of crude fundamentals: production, export flows, refinery demand and competing regional supply, ideally supported by experience building supply/demand balances. Experience operating within risk management frameworks and adhering to position and exposure limits, including physical and paper differential exposure management. Excellent English — oral and written, native or equivalent to C2 level.

Preferred qualifications

Degree in Finance, Economics, Engineering, a science or another quantitative field. Additional experience in crude derivatives, swaps and hedging instruments. Developing network of relationships across NOCs, producers and refiners in West Africa and Latin America. Familiarity with Dated Brent pricing, OSP mechanics, and relevant pricing benchmarks (Platts, Argus).

Attributes for success

Commercially driven. Deeply analytical. Collaborative. Relationship-focused. Clear communicator.

Equal opportunity employer

We are an Equal Opportunity Employer and take pride in a diverse workforce! We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status. At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Metals and Minerals, Oil & Petroleum Products and Gas, Power and Renewables, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. We are committed to responsible business practices and we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains. A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds. Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 12,000 people working across more than 60 offices. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nalo Renewables, investing in wind, solar and battery storage projects.