Director

We are seeking an experienced Oil Trading Director to lead and grow our oil trading business across physical and/or paper markets. The role is responsible for developing trading strategy, driving profitability, managing commercial relationships, and overseeing risk, execution, and cross-functional coordination with operations, finance, and logistics teams.

Key Responsibilities

• Lead the company’s oil trading activities across crude oil, refined products, or related energy products, in line with commercial and risk objectives.

• Develop and execute trading strategies to drive revenue growth, optimize margins, and expand market presence.

• Take ownership of desk or portfolio P&L, including performance monitoring, exposure management, and opportunity evaluation.

• Build and maintain strong relationships with suppliers, customers, brokers, refiners, shipping partners, and other counterparties.

• Negotiate commercial contracts, pricing structures, and transaction terms for purchase and sale activities.

• Work closely with operations, scheduling, shipping, and finance teams to ensure smooth execution of trades and timely fulfillment.

• Monitor global and regional oil market developments, supply-demand trends, freight movements, arbitrage opportunities, and pricing differentials.

• Ensure disciplined compliance with internal controls, trading mandates, risk limits, and regulatory requirements.

• Provide leadership to the trading team, including mentoring junior traders and strengthening commercial capabilities across the desk.

• Identify opportunities to expand the business through new products, markets, storage, logistics, or strategic partnerships.

Requirements

Candidate Requirements

• Bachelor’s degree in Business, Finance, Economics, Engineering, Supply Chain, or a related field; advanced qualifications are an advantage.

• At least 10–15 years of relevant experience in oil trading, commodity trading, or energy markets, with substantial senior-level exposure.

• Proven track record in physical and/or paper oil trading with direct responsibility for commercial performance and P&L delivery.

• Strong understanding of crude oil and/or refined products markets, pricing mechanisms, differentials, hedging tools, and risk management principles.

• Experience in contract negotiation, counterparty management, and structured or cross-border transactions.

• Good knowledge of trade execution, scheduling, shipping, storage, and logistics considerations in oil markets.

• Strong leadership, decision-making, and commercial judgment in fast-moving market conditions.

• Excellent communication, negotiation, and stakeholder management skills.

• Familiarity with trading systems, risk tools, and advanced Excel; knowledge of ETRM platforms is an advantage.

• Ability to travel when required and manage counterparties across multiple markets.