Oil Trading Associate
Apply for this Job →Location: Sydney
Salary description: $70k-100k depending on prior experience
- $50-100k AUD Equivalent
- Permanent
- 3 to 7 years of experience
Our client is a commodity trading and mining company seeking an Oil Trading Associate to join their Sydney team.
Key responsibilities:
- Manage the entire life cycle of physical cargo delivery process pre and post shipment
- Manage and plan the shipping program for diesel and gasoline imports into Australia liaising with internal and external counterparties in Singapore
- Ensure robust contracts are in place for all purchase and sales of oil
- Appoint and oversee third party surveyors and agents to assist in shipping operations
- Sending discharge instructions to vessels/terminals and barges
- Assist with commercial/market related information to the trading desk as necessary
- Maintain good working relationships with external counterparties
- Collating market information on vessel port calls, terminal storage and competitors for the commercial team to action upon
- Commercial awareness in operations – volume tolerance, freight economics, demurrage savings and price exposure
- Good understanding of technical shipping and maritime terminology
- Basic understanding of hedging and exposure
The ideal candidate will be a graduate, who has 2-5 years’ postgraduate experience in the oil or commodities industry.