Senior Trader

Job Introduction

Adexen was mandated by an African Conglomerate to recruit a results-driven Senior Trader specialized in petrochemical products to be based in Geneva.

Responsibilities

The ideal candidate will have extensive experience in trading refined and crude petroleum products, with a deep understanding of market dynamics, risk management, and the complete value chain from supplier to end client. This role requires expertise in both regional and international markets, as well as advanced skills in monitoring and analyzing market trends, oil prices, and currency fluctuations.

Key Responsibilities:

 

1. Transaction Management:

– Execute and manage trades of 2 million MT annually across various petroleum products including Fuel, Diesel, Gasoline, LPG, Crude Oil, and Jet A1.

– Develop and implement sophisticated trading strategies to optimize positions and maximize profitability.

– Utilize advanced trading platforms and tools to monitor market conditions and execute trades efficiently.

– Manage the full trading lifecycle from contract negotiation to final delivery, ensuring compliance with contractual terms.

 

2. Market Analysis and Development:

– Conduct in-depth market analysis to identify and capitalize on trading opportunities in sub-regional markets (Burkina Faso, Niger, Benin, Ghana, Côte d’Ivoire, Mali, Geneva, and others).

– Analyze supply and demand dynamics, geopolitical events, and economic indicators to forecast market trends.

– Establish and maintain strong relationships with key market participants, including state-owned companies and major trading firms.

 

3. Risk Management:

– Implement comprehensive risk management strategies to mitigate exposure to price volatility, counterparty risk, and logistical challenges.

– Utilize hedging instruments such as futures, options, and swaps to manage market risks.

– Continuously monitor and adjust risk management frameworks in response to changing market conditions.

 

4. Financial Management:

– Oversee financial performance, ensuring achievement of a revenue target of approximately 200 million euros.

– Develop and manage budgets, financial forecasts, and cost control measures.

– Secure and manage funding for trading activities through negotiations with financial institutions and partners.

 

5. Compliance and Regulatory Management:

– Ensure full compliance with local and international trading regulations, including import/export laws, tax codes, and environmental regulations.

– Maintain up-to-date knowledge of regulatory changes and their impact on trading activities.

– Implement and oversee internal controls and compliance programs to uphold ethical trading practices.

 

6. Technical Proficiency:

– Utilize trading and risk management software such as Eikon, Reuters, and proprietary trading systems.

– Analyze technical charts and data using advanced analytical tools and methodologies.

– Implement automated trading strategies and algorithms to enhance trading efficiency and profitability.

 

Desired Skills and Experience

– Minimum of 10 years of experience in petroleum product trading, with a strong focus on both refined and crude products.

– Proven track record of success in sub-regional markets (Burkina Faso, Niger, Benin, Ghana, Côte d’Ivoire, Mali, Geneva, and others).

– In-depth knowledge of market dynamics, pricing models, and risk management techniques.

– Strong financial acumen and experience managing substantial trading budgets.

– Advanced degree in Business, Finance, Engineering, or a related field. MBA or CFA designation preferred.

– Prior experience with reputable international trading companies.

– Exceptional analytical and quantitative skills, with the ability to interpret complex data and market trends.

– Strong decision-making abilities underpinned by rigorous analysis and sound judgment.

– Excellent communication and interpersonal skills, with the ability to lead and mentor a high-performing team.

– Proficiency in trading platforms, financial modeling, and risk management tools.

 

Performance Expectations:

– Achieve year-on-year revenue growth and profitability targets.

– Increase market share and expand the product portfolio.

– Improve operational efficiency and reduce environmental impact.

– Enhance customer satisfaction and brand reputation.

– Develop a strong leadership pipeline and improve employee engagement.

We thank all applicants however only those selected will be contacted.