drjobs Commodity Trader

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Job Location drjobs

Lagos - Nigeria

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Our client is a leading firm dealing in the Oil and gas sector & Energy Commodity Trading. With a commitment to excellence and innovation it strives to deliver highquality products/services while fostering a positive work environment for its employees. In continuation of its expansion and growth the company seeks a dynamic & experienced individual to drive the Commodity Trader desk.

Job Summary:

Our client seeks a highly driven and experienced Commodity Trader with a versatile background in the oil & gas trading ecosystem covering refined petroleum products crude oil and gas. The ideal candidate will possess a substantial book of clients and trading relationships along with the ability to leverage AIpowered trading tools and analytics. This trader must have a deep understanding of commodity markets a proven ability to originate and close profitable deals and an existing network of offtakers suppliers and financial institutions across West Africa and beyond. This role requires a blend of strategic thinking market agility operational knowhow and technological savvy to grow trading volumes and margins sustainably while utilizing cuttingedge AI solutions for competitive advantage.

Key Responsibilities:

  • Originate and execute profitable oil and gas trading deals across West Africa including spot and term contracts.
  • Originate negotiate and execute trading contracts for crude oil refined products (e.g. PMS AGO DPK LPG) and/or natural gas.
  • Build and manage a strong portfolio of clients suppliers and partners across key markets in West Africa Europe and the Middle East.
  • Monitor global oil & gas markets benchmark indices (e.g. Platts Argus) and supplydemand dynamics to inform pricing and trading strategies.
  • Bring and actively maintain a substantial book of clients including suppliers offtakers and financial institutions demonstrating the ability to convert relationships into profitable trades
  • Utilize AIpowered market intelligence platforms to identify trading opportunities price anomalies and arbitrage possibilities before competitors
  • Develop and implement algorithmic trading strategies for specific market conditions when appropriate
  • Collaborate with data science teams to build predictive models for price movements supplydemand dynamics and geopolitical impacts
  • Leverage natural language processing tools to extract actionable insights from news social media and industry reports affecting commodity markets
  • Implement AIbased risk assessment tools to evaluate counterparty credit risk and transaction exposure
  • Utilize machine learning to optimize trade timing volumes and hedging strategies based on historical performance
  • Incorporate satellite imagery analysis and alternative data sources for realtime monitoring of supply movements and storage levels
  • Design and implement structured trade finance solutions supported by AIbased risk assessment tools
  • Apply advanced data visualization techniques to communicate complex market dynamics to stakeholders
  • Identify arbitrage and hedging opportunities to maximize trading margins and mitigate exposure.
  • Coordinate with internal operations logistics risk and finance teams to ensure efficient deal execution.
  • Manage commercial risk counterparty exposure credit terms and delivery schedules.
  • Maintain uptodate records of contracts lifting schedules product specs and compliance documentation.
  • Represent the company in highlevel negotiations and industry events to expand the trading footprint.
  • Contribute to business development strategies by opening new markets or launching new products.

Key Requirements

  • Bachelors degree in Economics Finance Business Engineering Data Science or a related field. A masters degree or professional trading certification(s) is an added advantage
  • 712 years of experience in commodity trading with a focus on oil & gas markets
  • Demonstrable book of business with verifiable transaction history showing successful deal origination and execution
  • Experience in structured trade finance and the ability to bring financial partners to support complex transactions
  • Proven expertise in utilizing AI and data analytics tools for trading advantage (e.g. predictive analytics platforms algorithmic trading systems)
  • Proficiency in Python R or similar languages used for quantitative trading analysis
  • Experience with machine learning applications in commodity price forecasting and risk management
  • Strong network of offtakers suppliers refineries marketers and financiers in Africa and globally with proven ability to convert relationships into transactions
  • Demonstrated ability to integrate alternative data sources into trading decisions
  • Solid understanding of trade finance instruments INCOTERMS vessel chartering and supply chain coordination
  • Experience in structuring complex S&P (Sale and Purchase) transactions in the oil and gas markets

Core Competencies

  • Trade Finance Structuring
  • AIPowered Market Intelligence
  • Algorithmic Trading Strategy Development
  • Trade Finance Structuring with Technology Integration
  • Client Portfolio Management and Relationship Conversion
  • Alternative Data Utilization and Analysis
  • Machine Learning for Risk Assessment and Mitigation
  • Digital Contract Management and Documentation
  • Predictive Analytics for Market Movements
  • Blockchain Applications for Trading Transparency
  • Realtime Data Integration for Decision Making
  • Quantitative Trading Model Development
  • API Integration with Trading Platforms

Special Note on Client Book Requirement:

The successful candidate must demonstrate a proven history of bringing and maintaining a substantial book of business. This includes:

  1. Verifiable transaction history showing successful deal origination and execution
  1. Established relationships with key players in West and East African markets
  1. Connection to financial institutions that can facilitate structured trade finance
  1. Ability to immediately activate these relationships to generate revenue
  1. Experience in leveraging these relationships specifically for S&P (Sale and Purchase) transactions in the oil and gas markets

The company will provide comprehensive support for these relationships through advanced trading infrastructure robust operational backing and innovative AIpowered tools to maximize the value of the traders network.

Employment Type

Full Time

Company Industry

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