Purpose of the Role
As a Senior Specialist Trader, you will manage critical trading activities for Sasol Energy, including crude oil procurement, petroleum product sales, risk management, and market analysis. This role requires a seasoned trading professional with a proven track record and strong industry relationships to meet supply and demand requirements while optimizing margins.
Key Responsibilities
- Trading Strategy and Execution
- Develop and implement medium- and long-term trading strategies for crude oil and clean products.
- Ensure compliance with regulatory frameworks across regions.
- Evaluate, recommend, and manage relationships with trading counterparts, including NOCs, IOCs, and independent traders.
- Report on trading risk matters and update risk matrices.
- Provide forward pricing insights for refinery models and planning.
- Commercial Trading
- Execute daily trading activities for crude oil and refined products, making real-time decisions to achieve targets.
- Build and sustain strong relationships with industry counterparts to create business opportunities.
- Negotiate and document contracts for crude oil and product purchases and sales.
- Support hedging strategies using appropriate financial instruments.
- Market Analysis and Coordination
- Monitor global crude oil and petroleum markets for pricing trends and trading opportunities.
- Develop and manage trading models and information databases.
- Foster collaboration with internal teams, including refinery, planning, and hedging units.
- Counterparty Management
- Identify and evaluate new counterparties to optimize trading returns.
- Develop oil trading strategies and tactics to meet delivery targets.
- Ensure comprehensive knowledge of refinery planning and crude logistics.
Qualifications and Experience
- Education: Bachelor’s degree in Commerce, Economics, Finance, Logistics, or Engineering.
- Experience: Minimum of 10 years in crude oil planning, refinery operations, or trading, with at least 4–5 years in crude oil or product trading.
Skills and Competencies
- Strong collaboration and process optimization skills.
- Expertise in trading risk management, contract negotiation, and compliance.
- Solid understanding of logistics, reporting, and market analysis.
- Action-oriented, accountable, and capable of building internal and external stakeholder relationships.