Job Description:
-Monitor markets and existing Refined Products positions to capitalize on market trends and proactively bring new ideas and strategies to AGT by
working closely with both internal external stakeholders to initiate efficient and cost-effective hedge solutions and support new asset generation and
projects
-Analyze trends, market profile and competition changes to ensure the trading is ending with up to date knowledge of the market
-Prepare scenario plans/proposals supported by sufficiently detailed financials and commentary so to ensure Trade targets are reached for the year
-Trade physical and derivative contracts relevant to AGT activities to mitigate AGT’s exposure and to hedge against risk within the limit of the agreed
policies
-Finalize terms and conditions and execute deals within the limit of the agreed policies
-Input transaction detail into CTRM system in accordance with established procedures
-Ensure accuracy of transaction terms (including difference between nominated and confirmed volumes) in the CTRM system
-Provide analytical support to management in all risk management decisions
-Execute hedging positions on the forward curve to effectively measure and control any risk in the operation and ensure integrity and consistency
-Apply risk assessment methods and measures and determine the relevance and consistency of the assumptions used to support analysis,
considering the Company’s risk appetite
Minimum Qualification
- Bachelor degree, Science, Engineering or Economics preferred
Minimum Experience & Knowledge & Skills
- Minimum 8 years of experience, including at least 4 years in Oil & Gas field trading market
- Well informed of the world product demand and supply, market dynamics, and arbitrage opportunities
- Well connected with end-users worldwide
- Industry knowledge -supply/demand fundamentals of physical market, product grades and quality specifications, refining systems, transportation and pipeline infrastructure and products carried, competitors, marine operations, third-party system parameters, standard terms and conditions of contracts, displays knowledge of the global energy business, refinery economics/drivers, understands the value of variations in specification, timing, and volume
- Commodities Trading knowledge - market direction/call, trading strategies, trading fundamentals, global markets, arbitrage, market climate, keeps up to date with international events and geo-political climate
- Financial trading knowledge - risk analysis techniques, hedging/speculative/ price forecasting instruments, such as, derivatives, futures, options, OTC, and various credit instruments, economic evaluation and analysis, understands concepts such as NPV, value creation, and option value