Trade Operations Executive - Crude

💰 $3,200 - $5,120 (Est.) 📍 Houston 🕐 3 days ago

Job Description

Position: Trade Operations Executive – Crude

Department: Trade Operations

Reports to: Trade Operations Manager/Head of Trade Operations

Employment Type: Full-Time

Overview:

The Trade Operations Executive will play a crucial role in executing trading deals within the Crude Oil area, managing logistics, and ensuring the seamless operation of trading and shipping activities. The ideal candidate will have 2-7 years of experience in trade operations, with a strong background in both trading and shipping. This role involves close collaboration with internal teams, clients, and external partners to facilitate the successful completion of trading transactions and logistics management.

Key Responsibilities:

Trading Deal Execution:
• Execute trading deals in Crude , ensuring all contractual obligations are met.
• Collaborate with traders, clients, and counterparties to confirm deal details and manage the lifecycle of each trade from inception to completion.
• Monitor market conditions, shipping schedules, and other factors that may impact the execution of trades.
• Act as a central point for Crude movements, inventory positions and scheduling across terminals and storage facilities .

Logistics and Shipping Management:
• Handle all aspects of logistics related to the trading deals, including coordination of shipping schedules, freight forwarding, and vessel chartering.
• Work closely with shipping and logistics teams to ensure timely and cost-effective transportation of products.
• Resolve any issues related to shipping, such as delays, demurrage, or discrepancies, and ensure that products reach their destinations as planned.

Documentation and Compliance:
• Prepare, review, and manage all trade-related documentation
• Ensure compliance with international trade regulations, industry standards, and company policies.
• Maintain accurate records of all transactions and logistics activities in the company's systems.

Risk Management:
• Identify, assess, and mitigate risks associated with trading and shipping operations, including market, operational, and compliance risks.
• Ensure that all trades and logistics activities comply with legal and regulatory requirements, including sanctions and export controls.
• Work closely with the compliance team to address any potential issues.

Stakeholder Coordination:
• Act as the primary point of contact for internal teams, clients, suppliers, shipping companies, and other external partners involved in the trade and logistics process.
• Facilitate communication between all parties to ensure smooth execution of trades and efficient logistics operations.
• Provide clients and stakeholders with regular updates on the status of trades and shipments.

Reporting and Analysis:
• Generate detailed reports on trading and logistics operations, including trade execution, shipping schedules, and cost analysis.
• Analyse trading and logistics data to identify trends, optimize operations, and improve profitability.
• Present insights and recommendations to the management team based on the analysis.

Process Improvement:
• Identify opportunities for process improvements in trade execution and logistics management.
• Implement best practices and innovations to enhance efficiency, reduce costs, and mitigate risks.
• Contribute to the development and training of junior team members in trading and logistics operations.

Qualifications:

Education: Bachelor’s degree in Finance, Business Administration, International Trade, Logistics, or a related field.

Experience: 2-7 years of experience in Crude trade operations within O&G industry with a proven track record in trading and shipping.

Knowledge:
• In-depth understanding of crude oil trading and global physical markets.
• Strong knowledge of international trade regulations, sanctions, and compliance frameworks.
• Familiarity with ERP systems (SAP experience is an advantage).
• Experience working with terminals, storage facilities, and inspection companies.

Skills:
• Strong understanding of crude oil logistics, including tanker operations, chartering, freight, and terminal coordination.
• Excellent organizational and multitasking abilities, with capacity to manage multiple cargoes simultaneously.
• Strong communication and negotiation skills.

💡 Quick Summary

Seeking a career-building opportunity? The Trade Operations Executive - Crude position is now open for candidates interested in the Operations Executive Jobs sector. This role in Houston offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Operations Executive Jobs is a plus.

Sponsored

Job Details

Company Name: BGN

Frequently Asked Questions

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The expected salary for Trade Operations Executive - Crude in Houston is $3,200 - $5,120 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Trade Operations Executive - Crude is an on-site position based in Houston. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Trade Operations Executive - Crude. Previous experience in Operations Executive Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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