Main Purpose:

the ideal candidate will have foundational knowledge of the gasoline market, strong analytical skills, and a keen interest in trading. This role will involve supporting the management of the gasoline trading portfolio, identifying market opportunities, and executing trades to maximize profitability.

Knowledge Skills and Abilities, Key Responsibilities:

Knowledge, Skills and Abilities

• Education: Bachelor’s degree in Mathematics or a related field.
• Experience: Minimum of 2 years of experience trading gasoline and light ends products
• Experience in gasoline derivatives and execution
• Market Knowledge: understanding of the gasoline market, including supply chains, pricing mechanisms, and key market players.
• Analytical Skills: Strong analytical and quantitative skills with the ability to interpret complex data and make informed decisions.
• Communication: Excellent communication and negotiation skills, with the ability to build and maintain professional relationships.
• Technology: Proficiency in MS Office Suite, and advanced skills in Power BI.
• Compliance: Knowledge of relevant regulatory requirements and compliance standards in commodities trading.

Key Responsibilities

• Market Analysis: Assist in conducting market research and analysis to identify trends, opportunities, and risks in the gasoline market.
• Trading Strategy: Support the development and implementation of trading strategies to optimize the gasoline trading portfolio.
• Trade Execution: Assist in executing trades efficiently, ensuring compliance with company policies and regulatory requirements.
• Risk Management: Help monitor and manage market risks, including price volatility, supply disruptions, and geopolitical factors.
• Relationship Management: Build and maintain strong relationships with key market participants, including suppliers, customers, and other traders.
• Reporting: Prepare regular reports on market conditions, trading activities, and portfolio performance for senior traders and management.
• Collaboration: Work closely with the research, logistics, and risk management teams to support trading activities and ensure seamless operations.

Competencies

• Decision-Making: Ability to make informed decisions under guidance.
• Attention to Detail: Meticulous attention to detail and a high degree of accuracy.
• Team Player: Collaborative mindset with the ability to work effectively in a team-oriented environment.
• Integrity: High ethical standards and integrity in all trading activities.

Key Relationships and Department Overview:

Key Relationships

• Gasoline Traders
• Data Analysis team
• Operations team
• Deals Desk team

Department

The gasoline trading desk is responsible for the buying, selling, and risk management of gasoline. The team conducts market analysis, develops trading strategies, executes trades, and manages relationships with suppliers and customers to optimize profitability and mitigate market risks. Additionally, the desk engages in paper trading of gasoline, using financial derivatives to hedge physical positions and speculate on market movements. Leveraging data analytics and technology, including algorithmic trading and data visualization tools, the desk ensures informed and strategic trading decisions.