Trafigura - Oil Operations Role

Company:

At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Oil & Petroleum Products, Gas and Power, and Metals and Minerals commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.

We are committed to responsible business practices and believe that the supply of energy and raw materials is essential for growth, development and prosperity. We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. And we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.

A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world - from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.

Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 13,000 people working in 48 countries. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nala Renewables, investing in wind, solar and battery storage projects.

Main purpose:

The Operations team, which runs the logistics in our firm, is at the heart of our business. The role of an oil operator is techno-commercial in nature which requires an individual to apply their technical knowledge to understand and maximize the P&L for the trader. It requires the operator to be constantly aware of market intelligence, to seek information which is commercially important and act on it promptly in consultation with the trader. It is a progressive role which requires multi-dimensional understanding of different fields of knowledge like Finance, product specifications, operations, International law, industry regulation, shipping, taxation, and customs amongst others.

Key responsibilities:

• Optimize the deal P&L (profit & loss) through efficient voyage planning by communicating updates in a timely and organised manner.
• Actively manage all voyages by sending voyage orders to vessel owners, negotiating and port authorities to optimize the logistics and minimize costs.
• Establish and maintain good working relationships with international customers and third party service providers on a regular basis.
• Dealing with international clients on a regular basis.
• Assist the chartering team with vessel clearance, post fixture optimization of oil tankers.
• Review contractual terms with international clients to gain maximum commercial advantage for Trafigura.
• Gain understanding of pricing & hedging exposure on every deal and the P&L along with the Deals desk (risk management) team.
• Be completely aware of the Costs related to a particular deal, minimize the costs actively and keep the Deals desk team continuously updated.
• Gain understanding of the Trade finance and credit terms associated with the deal.
• Since we work in an extremely regulated environment ensure strict adherence to Trafigura's Code of Conduct and follow internal procedures and company's policies.

Required qualifications:

• Minimum 0-3 years experience.
• MBA - Operations/ Marketing/ Finance. Degree in Engineering is desirable.
• Extremely strong communication skills and quantitative ability.
• Strong business acumen and has a commercial bent of mind.
• Ability to work in a fast paced, high pressure environment.

Attributes for success:

The ideal candidate for this profile is one who is curious, is a self-starter, can think on her/ his feet, is always hungry to learn and do more, is action oriented, is well organized, has a logical bent of mind and can think out of the box to find solution to new challenges that this role brings up daily.

Key Relationships:

• Trading Desk
• Deals Desk
• Chartering Desk
• Trade Finance Desk
• Contracts Desk
• Customers
• Service Providers

Department overview:

The Oil Cargo Operations team manages the physical execution of oil trades from deal conclusion through to final settlement, coordinating with internal and external stakeholders to ensure efficient and timely delivery. The team verifies trade recaps against Booking Notes and works with Contract Administration on contract drafting, coordinates shipment schedules, laycans and vessel nominations with Chartering, agents, counterparties and terminals, and appoints and instructs independent inspectors at loading and discharge ports to monitor cargo quantity and quality. Operators oversee loading and discharge activities in line with industry safety standards, manage shipping documents such as Bills of Lading and certificates of quantity and quality, and maintain accurate cargo quantities and event dates in Pluto/ Atlas. They also keep the Deals Desk team informed of operational changes and potential exposures, confirm final cargo quantity and quality, and coordinate final settlement with counterparties. Throughout the trade lifecycle, they help mitigate operational risks, cargo loss or damage, and demurrage, while ensuring cargo and documentation are ready on time. The team works closely with Traders, Chartering, Shipping Operations and Claims, Contract Administration, Trade Finance, Deals Desk and Treasury, as well as external inspectors, agents, terminals and counterparties.

Equal opportunity employer:

We are an Equal Opportunity Employer and take pride in a diverse workforce! We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.