Full job descriptionCrude Oil Trading Analyst responsible for providing analytical support to the traders working within the London Crude Oil Trading department and for executing crude and products swaps/exchange trades for the Crude and Products department.
The successful candidate will work closely with the Traders in addition to a variety of internal and external counterparties to fulfil this role. As such a high level of interpersonal skills combined with a sound analytical approach to decision making will be necessary. It is also a role which requires a large degree of self starting so a proactive, can-do, approach to all aspects of the role will be beneficial.
The successful candidate will:-
* Carry out deal entry for hedging instruments executed by the desk
* Track crude volumes, bills of lading dates and pricing for hedge activity, ensuring accurate accounting of all of the above
* Review the Crude Supply Book for accuracy in deal information, cargo by cargo tracking for mark to market, secondary costs and system changes
* Manage and issue daily market reports
* Provide ad-hoc analysis for the team
* Provide regular group reports on oil flows, refinery turnarounds and market trends
* Manage the crude tracking database to assist in monitoring oil flows
* Ensure accurate deal execution and cost evaluation by serving as the primary point of contact between crude supply and internal contacts in Contract Administration, Risk Management, Feedstock Accounting, Demurrage etc
* Track internal inventory positions to assist in meeting end year LIFO targets