PALICAO

Lead Oil Products Trader – African Markets

Dubai, UAEPosted 1 weeks ago

Salary
AED 12k–18k a month· est.
Job type
Full time
Level
Lead
Field
Energy & Sustainability
Work mode
On site

About the role

Lead Oil Products Trader – African Markets Location: Dubai, UAE Sector: Physical Energy & Commodity Trading (Refined Oil Products) Languages: Fluent English & French (Bilingual strongly preferred) We have been exclusively mandated by an integrated, institutionally backed energy trading and natural resources platform headquartered in Dubai. Founded by former oil-major trading executives and supported by premier pan-African financial institutions, the company is built around a strategic mandate: unlocking regional supply chains, supporting downstream security of supply, and capturing high-value physical flows across the African continent. This mandate is suited for an entrepreneurial, senior Lead Oil Products Trader seeking clear transactional autonomy, institutional balance-sheet support, and direct P&L ownership over physical flows into both Anglophone and Francophone Africa. Core Responsibilities • Physical Trading & Book Ownership: Originate, structure, and execute physical cargo deliveries of refined oil products (gasoil, gasoline, jet fuel, fuel oil) across targeted African importing corridors. • Commercial Origination & Tender Management: Lead competitive bidding for regional term import tenders, spot supply contracts, and government/NOC procurement mechanisms across West, Central, and East Africa. • Off-Take & Structured Supply: Develop bilateral supply agreements with regional distributors, state entities, independent marketers, and local refiners, integrating trade finance instruments (LCs, structured prepayments). • Hedging & Derivative Risk Management: Manage flat price, basis, time-spread, and FX risks using ICE/NYMEX paper markets and derivative swaps to protect desk margins. • End-to-End Supply Chain Optimization: Collaborate closely with internal operations, chartering, and trade finance teams to oversee vessel chartering, ship-to-ship (STS) transfers, terminal discharge, blending, and inland distribution logistics. • Market Expansion: Identify new regional arbitrage windows, import parity dislocations, and intra-African distribution routes to steadily grow physical book volume and market share. Candidate Profile & Mandate Criteria • 5–10 years of physical oil products trading experience (distillates and/or light ends), ideally gained within an established mid-sized trading house or an agile physical merchant platform. • Verifiable track record of standalone P&L delivery, demonstrating disciplined execution, operational problem-solving, and sound risk management. • Deep pan-African market footprint: Extensive on-the-ground commercial exposure, regular market presence, and deep familiarity with local import dynamics, discharge operations, and regulatory environments. • Established commercial network: Direct, demonstrable relationships with state-owned entities/NOCs, private distributors, local refiners, and downstream off-takers across Anglophone and Francophone Africa. • Bilingual capability (English & French): Essential for commercial origination, tender submissions, and high-level negotiations across West, Central, and East Africa. • Track Record & Rigor: Strong academic background from reputable institutions, combined with demonstrable career stability and progressive growth. • Commercial Mindset: High autonomy, transactional resilience, and the instinct to capitalize on regional arbitrage and structured supply opportunities. What This Seat Delivers • Agility Backed by Scale: Operate with short approval chains and an entrepreneurial culture, reinforced by robust institutional financing and capital partners. • Strategic Dubai Hub: Anchor your trading desk in Dubai, the primary global crossroads connecting international refining centers and financial liquidity to African demand. • Direct Value Alignment: Competitive compensation architecture featuring a clear, performance-driven upside directly indexed to desk profitability.

Requirements

5–10 years of physical oil products trading experience (distillates and/or light ends), ideally gained within an established mid-sized trading house or an agile physical merchant platform; Verifiable track record of standalone P&L delivery; Deep pan-African market footprint with extensive on-the-ground exposure; Established commercial network with state-owned entities/NOCs, private distributors, local refiners, and downstream off-takers across Anglophone and Francophone Africa; Bilingual capability (English & French) essential for origination, tender submissions, and negotiations; Strong academic background from reputable institutions with demonstrable career stability and progressive growth; Commercial mindset with high autonomy and transactional resilience.

Responsibilities

Physical Trading & Book Ownership: originate, structure, and execute physical cargo deliveries of refined oil products (gasoil, gasoline, jet fuel, fuel oil) across targeted African importing corridors; Commercial Origination & Tender Management: lead competitive bidding for regional term import tenders, spot supply contracts, and government/NOC procurement mechanisms across West, Central, and East Africa; Off-Take & Structured Supply: develop bilateral supply agreements with regional distributors, state entities, independent marketers, and local refiners, integrating trade finance instruments (LCs, structured prepayments); Hedging & Derivative Risk Management: manage flat price, basis, time-spread, and FX risks using ICE/NYMEX markets and derivative swaps; End-to-End Supply Chain Optimization: collaborate with operations, chartering, and trade finance teams to oversee vessel chartering, STS transfers, terminal discharge, blending, and inland distribution; Market Expansion: identify new arbitrage windows and intra-African distribution routes to grow physical book volume and market share.

Skills

  • Physical oil trading
  • P&L management
  • Hedging and risk management
  • Trade finance instruments (LCs, prepayments)
  • Vessel chartering
  • STS transfers
  • Discharge and blending operations
  • Derivative markets (ICE/NYMEX)
  • Tender management
  • Market development in Africa
  • Commercial origination
  • Regulatory navigation
  • NOC/state-owned entities engagement
  • Bilingual English and French

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