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Oil Trading Analyst
2 months ago
We are seeking a highly skilled Oil Trading Analyst to join our team in Sydney. As a key member of our Oil Division Trading team, you will be responsible for maintaining an independent view and adding value by providing accurate data directly to the Oil Trading desk.
Key Responsibilities:
- Trade capture and reconciliation of physical oil and paper trades.
- Daily position exposure monitoring and reporting, highlighting exposure concentration and hedging requirements.
- Execution and management of hedging programs for traders.
- Daily pricing to wholesale customers.
- Accurate forecasting of oil lifting requirements across terminals/locations.
- Daily interaction with commercial and operations staff on various aspects of physical oil movement and trade.
- Tracking of physical trade movements and notifications, and updating relevant trades in the system.
- Ad-hoc trader support and analysis, including research and analysis on market structure, spreads, and price movements.
Requirements:
- Experience working with a high level of trust and integrity.
- Analytical, control-focused, organized, diligent individuals with a strong work ethic and ability to take initiative.
- Good communication skills for liaising with internal and external parties.
- Able to understand and quickly pick up new working practices, execute tasks with high accuracy, and work calmly under pressure.
The ideal candidate will have 1-4 years of post-grad experience working in a similar operational or analytical capacity, with proficiency in Microsoft Excel and Outlook. A strong educational profile with an undergrad and potentially a post-grad in Engineering, Economics, Finance & Accounting, or Mathematics is required, with a strong mathematical/analytical inclination.
This is a well-paying position with a salary variable based on relevant experience, and you must be available to work in-office in the Sydney CBD 9am-6pm, 5 days per week.