Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 months ago

Additional Details

Job ID
130034
Job Views
76

Job Description






Job Summary




  • The Trading Manager is responsible for developing, managing, and expanding the company’s trading operations in crude oil, refined petroleum products, and natural gas.

  • This role involves identifying profitable trading opportunities, managing commercial risk, overseeing transactions, and building strong market relationships in a highly dynamic and competitive global energy market.



Key Responsibilities

Strategic Planning & Business Development:




  • Develop medium and long-term trading strategies and business plans.

  • Lead marketing and trading initiatives, ensuring all regulatory permits and approvals are obtained and maintained.



Trading & Deal Execution: 




  • Execute trades involving crude oil, oil products, and natural gas with global counterparties, including IOCs, NOCs, traders, and refiners.

  • Negotiate and close spot and term contracts, including sales, purchase, and off-take agreements.



Operations & Risk Management:




  • Work cross-functionally with finance, legal, operations, and compliance teams to ensure end-to-end trade execution and documentation.

  • Monitor trade performance and ensure accurate recording, timely delivery, and contract fulfillment.



Export Coordination & Stakeholder Management:




  • Plan, coordinate, and optimize crude export activities to ensure efficiency, low-cost operations, and regulatory compliance.

  • Lead negotiations of off-take, handling, and terminal agreements with relevant parties.



Requirements




  • Bachelor's Degree in Business, Economics, Finance, Engineering, or related discipline.

  • A Master’s degree (MBA or related) is an added advantage.

  • Professional certifications in Energy Trading, Risk Management, or Commodities Markets are beneficial.

  • Minimum of 8 years of experience in commodities or energy trading, particularly in crude oil and refined products.

  • Strong track record in deal origination, execution, and profit delivery in physical and/or derivative markets.

  • Experience working with international traders, oil majors, or national oil companies is highly desirable.

  • Excellent communication, interpersonal, and relationship-building abilities.

  • Proficiency in trading platforms and tools (e.g., Eikon, Platts, Argus).



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