Oil Operator

ETG; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

ETG is seeking an Oil Operations Operator in Bengaluru to support end-to-end physical oil trading activities across Africa-focused operations. You will coordinate with terminals, suppliers, and clients, ensuring accurate data, timely invoicing, and strict compliance.

Key duties include onboarding/KYC, contract lifecycle management, data capture, invoicing, and KPI reporting. Strong knowledge of Incoterms and ERP/CTRM systems is required; experience with Africa markets is a plus.

Qualifications

• Bachelor’s degree in commerce, engineering, finance, supply chain, or related field.
• 3–7 years of experience in oil/commodity trading operations.
• Strong knowledge of Incoterms (mandatory).
• Experience with Africa markets (East/Southern Africa) is a strong advantage.
• Familiarity with marine logistics, terminal operations, and trade finance (LCs, prepayments).
• Proficiency in ERP/CTRM systems and Excel.

Responsibilities

• Manage client onboarding and KYC before transaction initiation.
• Handle contract lifecycle management: uploading, booking, aging, escalation.
• Capture and maintain transaction data with supporting documents.
• Execute daily invoicing and reconciliations across multi-currency payments.
• Prepare client statements and trader reports; maintain KPI dashboards.
• Ensure SOPs, cut-offs, and compliance; reconcile with counterparties.
• Manage inventory and stock reconciliation across African terminals.
• Oversee contract execution and payment tracking; post funding nominations.
• Support month-end close, GP reconciliation, and audit readiness.
• Identify non-compliance risks and escalations (aging, overdue balances).

Skills

Incoterms knowledge

Oil trading operations

Cross-regional coordination

Data accuracy

Analytical skills

Excel proficiency

ERP/CTRM experience

Education

Bachelor’s degree in commerce, engineering, finance, supply chain, or related field

Tools

ERP/CTRM systems

MS Excel

Job description

Job Title: Oil Operations Operator

Location: India (Bengaluru): 11:30 AM – 08:30 PM IST

Department: Oil Operations / Trading Support

Reports To: Team Lead / Operations Manager

Summary: Responsible for end-to-end operational support of physical oil trading activities, ensuring accuracy, compliance, and timely execution. The role supports Africa focused trading operations, requiring coordination with terminals, suppliers, and clients across regional markets.

Key Responsibilities

• Manage client onboarding and KYC, ensuring completion before transaction initiation and maintaining compliant records.
• Handle contract lifecycle management, including uploading, system booking, monitoring aging, and escalation.
• Capture and maintain accurate transaction data (Business Unit, Cost Centre, Commodity) with complete supporting documentation.
• Execute daily invoicing and reconciliations, ensuring accurate application of payments and due dates, including multi-currency transactions.
• Prepare and share client statements and trader reports (weekly, fortnightly, monthly) and maintain KPI dashboards.
• Ensure adherence to SOPs, cut-offs, and compliance requirements, including reconciliation with counterparties and third parties
• Manage inventory and stock reconciliation, track movements across African terminals, and process adjustments (CNs/DNs).
• Oversee contract execution and payment tracking, ensuring no aging beyond timelines and sending nomination confirmations post funding.
• Support month-end closing, GP reconciliation, contract rollover, and audit readiness.
• Identify and escalation non-compliance issues, including aging contracts, overdue balances, and operational risks.

Monitoring & Oversight

• Track daily operational activities for SLA adherence.
• Support process improvements and efficiency initiatives.
• Report on performance, risks, and compliance status.

Skills & Qualifications

• Bachelor’s degree in commerce, Engineering, Finance, Supply Chain, or related field.
• 3–7 years of experience in oil/commodity trading operations.
• Strong knowledge of Incoterms (mandatory).
• Experience with Africa markets (East/Southern Africa) is a strong advantage.
• Familiarity with marine logistics, terminal operations, and trade finance (LCs, prepayments).
• Proficiency in ERP/CTRM systems and Excel.

Key Competencies

• High attention to detail and accuracy
• Strong reconciliation and analytical skills
• Ability to manage high-volume transactions
• Cross-regional stakeholder coordination
• Time management and deadline-driven execution

Working Environment

Occasional travel may be required based on business