Oil Trader

ZipRecruiter; London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading investment management firm in London is seeking an experienced Oil Trader to lead trading activities across physical and paper oil markets. You will have P&L responsibility and contribute to strategic growth while managing market risks. The ideal candidate has 7–10 years of trading experience and a strong network in the industry. This role offers competitive compensation and professional development opportunities.

Benefits

Competitive compensation

Professional development opportunities

Collaborative culture

Qualifications

• Minimum 7–10 years of trading experience in oil markets.
• Proven track record of consistent profitability.
• Deep understanding of market structures and pricing benchmarks.
• Established counterparty network in relevant regions.

Responsibilities

• Originate and execute physical and/or paper trades in oil markets.
• Monitor global and regional markets for trading opportunities.
• Manage positions in line with risk limits.
• Collaborate with various teams for compliant execution.

Skills

Trading experience in oil markets

Market intelligence

Analytical mindset

Negotiation skills

Relationship-building skills

Tools

Trading tools

Risk systems

Excel

ETRM platforms

Job description

Job Description

A highly experienced and commercially driven Oil Trader to lead trading activity across physical and/or paper oil markets. The employee will bring a strong track record of profitable trading, excellent market intelligence, and deep expertise in refined products, crude oil, or middle distillates.

This is a key front-office position with autonomy and P&L responsibility. The role will contribute directly to strategic growth while managing market risk and developing supply, demand, and pricing strategies.

Key Responsibilities:

• Originate and execute physical and/or paper trades in oil markets (e.g., crude, gasoline, diesel, fuel oil)
• Monitor global and regional markets to identify arbitrage, pricing trends, and trading opportunities
• Manage positions and exposure in line with risk limits and compliance frameworks
• Develop and maintain relationships with counterparties, suppliers, brokers, and logistics teams
• Collaborate with operations, compliance, legal, structuring and finance to ensure timely and compliant execution
• Contribute to market intelligence, trading strategy, and investment decision-making
• Mentor junior traders or analysts where applicable
• Attend industry events and maintain visibility in the trading community

Key Requirements:

• Minimum 7–10 years of trading experience in oil markets (physical or paper)
• Proven track record of consistent profitability and strong deal execution
• Deep understanding of market structures, pricing benchmarks (e.g. Platts, Argus), logistics, and hedging instruments
• Strong analytical mindset, market instincts, and decision-making under pressure
• Established counterparty network in relevant regions and products
• Excellent communication, negotiation, and relationship-building skills
• Proficient in trading tools, risk systems, and Excel; experience with ETRM platforms

Experience:

• Experience with European, African, or Middle Eastern refined product flows
• Exposure to shipping and chartering dynamics
• Experience in building books, structuring deals, or developing new markets

What We Offer:

• Opportunity to influence and shape people development strategy in a growing organization.
• A collaborative and forward-thinking culture.
• Competitive compensation and benefits package.
• Professional development and career growth opportunities.

Gemcorp was formed in 2017 by Gemcorp Capital a London based investment manager to cover a wide range of investment opportunities across sectors including water management, energy, infrastructure, equipment and information and ICT. It is headquartered in Dubai with further offices in Angola, Switzerland and London with a global headcount of 410. By the end of 2025, Having deployed $1.6bn+ in key markets including Angola for essential commodities and services, Gemcorp has positioned itself as a leading integrated service provider across the African continent.

Gemcorp follows a fair and transparent process, based on the skills and qualifications of candidates. We actively encourage in hiring, aiming for a representative and inclusive workforce.