African Bagg
5d ago

Job purpose :

The General Manager of Fuel Trading & Management is responsible for the strategic planning for the petroleum product supply, demand and trading activities.

Responsibilities :

  • Serve as the Company’s foremost expert in strategic planning for the petroleum trading business
  • Manage the transactional risk resulting from all trading
  • Responsible for maintenance of in-house pricing and position management.
  • Participate in the development of the long-term capital and resource allocation for the petroleum businesses.
  • Responsible for managing accurate trades are entered and ensuring the accuracy of overall position, P&L, and risk metrics
  • Have overall responsibility for managing the contracts and maintaining relationships with the company’s trading clients
  • Ensure good relationships with potential operating clients, and ensure the continued growth of the company’s performance within the region
  • Work closely with key clients to help negotiate and build close relationships.
  • Manage relationships with the global network of traders
  • Requirements :

  • Bachelor’ Degree in Engineering, Business Administration or Economics
  • MBA from a recognized University
  • 15years of working experience with 8plus years of related professional experience
  • Qualified candidate must have a complete understanding of options markets and how to integrate core strategic views and express them through non linear instrument
  • Must be able to demonstrate experience in managing market risks.
  • Must have full understanding of financial trading (options, etc.)as well as in-depth understanding of the fundamental drives of price
  • Must be able to create strategy and communicate trade ideas to the CEO
  • Ability to use and maximize a wide-range of data, consulting and forecasting of services
  • Excellent relationship management capabilities and are able to drive a team and mentor staff
  • Excellent computer skills including knowledge of statistical and trading system
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