Global Commodities - Physical Oil Trader - Vice President or Executive Director
On-site · London, England, United Kingdom
Job Summary
Global Oil-Trading leadership role focused on owning market exposure, pricing, and hedging for physical oil positions. Responsible for P&L management, risk control, term drafting affecting pricing and transfer mechanics, and coordinating with Logistics on delivery windows and quality specs. Requires proven physical oil trading experience with direct P&L/risk responsibility, expertise in derivatives hedging (futures/swaps), strong pricing and differential skills, proficiency with trading systems and Excel, and ability to communicate market insights to stakeholders. Includes UK-regulated activity and leadership at VP/Executive Director level.
Required Qualifications
- Proven experience in physical oil trading (crude and/or refined products) with direct responsibility for P&L and risk.
- Expertise in derivatives hedging (futures, swaps) and differential structures.
- Strong command of pricing mechanics, location/quality differentials, and exposure measurement.
- Demonstrated ability to interpret and negotiate commercial terms that affect risk and economics.
- Proficiency with trading and risk systems; advanced Excel; comfort with data analysis.
- Excellent communication and cross-functional collaboration skills.
- Operate within limit frameworks and adhere to all policies, procedures, and regulatory requirements.
- Ensure accurate, timely trade capture, confirmations, and reconciliation.
- Uphold highest standards of conduct, compliance, and control rigor.
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