Light Ends Trader

London, GB, W1H 7JT

ROLE : Light Ends Trader

Reports to : Head of Products Supply and Trading

Located : London

Role

Reporting to and supporting the Head of Products Supply and Trading in achieving sector specific strategic and operational performance and targets. The role will specifically focus on managing and developing Prax and the Prax Group business in the Light Ends Space, especially around export, import and refinery blending activity.

As leader of the Light Ends Supply and Trading the role will cultivate, grow and close spot and term-based business, in line with the Group Strategy using a structured Trading planning process.

Close collaboration with Prax Assets , Risk, Operations, Downstream Sales and Origination, to manage and develop commercial activity and have PnL responsibility for the Light Ends Book.

Responsibilities

Directly manage and have PnL responsibility for the Light Ends Suppl&Trading Book
Actively Grow, Develop and Deliver Trade plans in accordance with the wider Group strategy

Strong focus on Asset, exports, blending and operational optimization
Active cross book collaboration
Driving and Continuously Improving Trading Processes, risk management
Understanding of the downstream Sales and operations processes and refinery optimization / flows to have a collective approach to other stakeholders
Understanding of the back office and finance functions
Negotiation and Structuring of long-term light ends contracts

Knowledge and Experience

5-10 Years Light End Trading Experience
Asset Economics
Light Ends Blending
Risk and Exposure Management
Demonstrable Light Ends Arbitrage Trading Experience
Track Record of business development / origination
A thorough working knowledge of the UK downstream petroleum industry
Established network of contacts to support immediate enabling of Trading opportunities
Ability to appreciate market opportunities as they arise and develop short, mid-term and long-term strategic plans to realise the same
Excellent negotiation skills
Understanding of Light Ends trading cycles and Key processes and interface with other internal stakeholders
Strong numerical ability and experience of product pricing and the construction of supply economic calculations

Personal Attributes

Excellent inter-personal and communication skills
Ability to work independently, collaboratively and cross functionally
Able to work to deadlines and under pressure
Able to prioritise workload flow and follow through to execution
Demonstrates excellent commercial understanding
Strong Analytical and problem solving skills
Working Knowledge of MS Excel, MS Word and Outlook
Contributes to a culture of continuous improvement
Flexible to support the prevailing needs of the business