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West African Trader

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1 Vacancy
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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 is seeking a dynamic individual as the West African Trader. (WAF Trader)

Job Summary:

Our client is seeking a seasoned and entrepreneurial Trader with extensive experience in the West African Oil & Gas trading landscape. The ideal candidate will leverage AIdriven market analysis predictive analytics and automated trading strategies to enhance deal origination execution and management across crude oil refined petroleum products (PMS AGO DPK LPG) and gas derivatives. This role demands a robust and engaged clientele base profound market insight enhanced through AIassisted forecasting and crossborder dealmaking expertise supported by digital platforms and algorithmic trading tools.

Key Responsibilities:

  • Originate and execute profitable oil and gas trading deals across West Africa including spot and term contracts.
  • Utilize existing client relationships to drive revenue and increase market share in targeted countries such as Nigeria Ghana Cte dIvoire Senegal Togo and Benin.
  • Leverage AIpowered risk assessment models to evaluate potential trading risks supporting datadriven negotiation strategies and decisionmaking.
  • Utilizing AI tools to analyze market trends forecast demand and optimize trading strategies across the region.
  • Applying AI to monitor environmental impact optimize resource usage and support sustainable trading practices.
  • Using AI algorithms to identify and mitigate risks such as currency fluctuations geopolitical challenges and supply chain disruptions.
  • Leveraging AI to ensure efficient logistics inventory management and timely delivery of goods while minimizing costs.
  • Collaborate with logistics and operations teams to ensure seamless cargo delivery scheduling and documentation.
  • Work closely with finance legal and risk departments to structure deals manage credit exposure and mitigate trade risks.
  • Lead market penetration efforts into new territories and expand the portfolio of traded products.
  • Stay abreast of regulatory changes compliance requirements and geopolitical events impacting oil & gas trade in the region.
  • Prepare periodic trading reports forecasts and market intelligence updates for management decisionmaking.

Key Requirements

  • Bachelors degree in Petroleum Economics Business Finance or related field. MBA or energy trading certifications (e.g. ICE Platts) are advantageous.
  • 712 years of trading experience in the oil & gas sector with at least 5 years focusing on West African markets.
  • Demonstrated track record of successful trade origination and execution in crude refined products or gas.
  • Established client base within the oil & gas trading ecosystem (marketers importers refineries or distributors).
  • Strong understanding of trade finance instruments logistics (vessel chartering tank farm storage) and risk management.
  • Proven expertise in utilizing AI technologies to enhance trading operations and strategies.
  • Strong analytical skills with the ability to interpret complex data and market signals.
  • Established and active clientele base demonstrating effective relationship management.
  • Experience in executing crossborder trading deals and familiarity with relevant regulatory frameworks.
  • Ability to work under pressure travel across the region and manage multiple transactions concurrently.

Core Competencies

  • Strategic Deal Origination
  • Client Relationship Management
  • Market & Commercial Intelligence
  • Risk & Compliance Awareness
  • CrossBorder Negotiation
  • Energy Trading Acumen
  • Execution Excellence
  • Entrepreneurial Mindset

Employment Type

Full Time

Company Industry

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