Trader (1990)

Aramco Services Company

$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in science, Engineering, or Economics.
  • Minimum 3 years of physical and/or derivatives trading experience for [Relevant Product].
  • Strong communication and negotiation skills.
  • Ability to efficiently resolve complex issues in high-pressure environments.
  • Precision in analyzing data, contracts, and market trends.

Responsibilities

  • Manage trading activities and formulate strategies to meet commercial objectives.
  • Execute physical and paper trades to achieve desired outcomes.
  • Assist Traders & Lead Traders with strategy formulation and customer negotiations.
  • Ensure compliance with internal policies and external regulations related to trading.
  • Monitor trade execution and adapt strategies based on market trends and competition.
  • Collaborate with the Middle Office for accurate trade recording and reporting.

Benefits

  • Opportunity to oversee trading activities with significant accountability.
  • Engagement in negotiation processes with clients and counterparties.
  • Collaboration with various departments for holistic operational efficiency.
Full Job Description
JOB DESCRIPTION SUMMARY

Manage Trading activity by formulating strategies and executing physical and paper trades to achieve commercial objectives for [Relevant Product] within set risk and resource parameters.

Hold accountability for profit/loss generated from trading activity agreed with Global Head of [Relevant Product]

When necessary, oversee Trading Activity of Traders & Lead Traders to assist Global Head of [Relevant Product] monitor the financial performance of the global portfolio

KEY DUTIES and RESPONSIBILITIES
  • Agree scope of Trading Activity to be managed with Global Head of [Relevant Product] along with relevant commercial objectives, growth areas and risk thresholds.
  • Formulate trading strategy for individual trading activity and execute physical and paper trades to achieve commercial objectives.
  • Assist Traders & Lead Traders formulate trading strategies for their trading activity and facilitate negotiations with customers when necessary.
  • Ensure compliance with internal policies and external regulations governing trading activities.
  • Monitor and adapt trade execution in timely fashion considering lates market trends and competitor behavior.
  • Engage with Middle Office to enable accurate recording of trades and ensure accurate P&L and Exposure reporting.


COMMUNICATION

Internal Communication
  • Regularly communicate with team members to discuss trading strategies and coordinate trade execution.
  • Provide updates to the Book Leader and other relevant stakeholders on trade performance and risk management activities.
  • Collaborate with internal departments such as Finance, Operations, and Compliance to ensure alignment and compliance with company policies and procedures.

External Communication
  • Engage in negotiations with counterparties and clients to finalize trade agreements and contracts.
  • Communicate with external vendors and service providers to facilitate trade execution and resolve any operational issues.
  • When necessary, interact with regulatory bodies and industry organizations to stay informed about regulatory changes and industry best practices.

JOB REQUIREMENTS

Education and Skills (Required, Preferred)
  • Bachelor's degree in science, Engineering, or Economics.
  • Strong communication, negotiation, and teamwork skills.
  • Ability to identify and resolve complex issues efficiently, especially in high-pressure trading environments.
  • Precision and thoroughness in analyzing data, contracts, and market trends to make informed trading decisions

Preferred
  • Proficiency in trading systems and software as well as Microsoft Excel

Experience and Knowledge (Required, Preferred)
  • Minimum 3 years of physical and / or derivatives trading experience for [Relevant Product]
  • Understanding of product demand, supply, shipping, storage & logistics for relevant trading area and product
  • Understanding of relevant laws and regulations governing commodity trading, ensuring adherence to legal requirements.
  • Well-connected with end-users and counterparties worldwide

Abilities and Specific Requirements (Required, Preferred)
  • Entrepreneurial mindset with a passion for trading.
  • Intuitive decision-making ability and a tolerance for risk.


NO THIRD-PARTY CANDIDATES ACCEPTED

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