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Oil Trader Urgently Needed In Lagos. - Jobs/Vacancies - Nairaland

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Experienced Forex Trader Needed / Those Who Worked As Enumerators For Trader-moni Have You Been Paid? / Vacancy For An Oil Trader In Virgin Forest Energy. (2) (3) (4)

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Oil Trader Urgently Needed In Lagos. by Ed1234: 11:00am On Nov 22, 2017
VIRGIN FOREST ENERGY LIMITED is a wholly-owned and well capitalized Nigerian energy downstream oil trading company. We are dedicated to the provision of top-rate petroleum products and by-products to our vast array of clients and customers across Nigeria and beyond. In the course of our short but eventful existence as a corporate entity, we have carved a niche for ourselves as a company sensitive to the peculiar environment in which we operate, and we have tailored our operations in response to the ever-changing demands of a vibrant and dynamic emerging economy such as Nigeria.

VIRGIN FOREST ENERGY is not just a good place to work; it is a dynamic and exciting experience that will take your career to great heights. Whether you are a fresh graduate or an experienced professional, you will deepen your skills, broaden your knowledge, and enlarge your thinking. Become part of our team and be empowered to make global achievements. When you think of a rewarding career, think VIRGIN FOREST ENERGY.

We are recruiting to fill the position of an Oil Trader.

Location: Lagos


Understand market conditions through Platts market reports and oil publications.
Monitor trading screen and news channels, gather key data and analyse trends in order to take a daily position (Long/Short).
Manage Profit and Loss and mark to market positions to ensure that the trades are profitable and targets are met.
Identify commercially profitable physical deals and execute in the most beneficial manner.
Successfully negotiate physical deals with counter-parties, as well as build and maintain n critical relationships with most major suppliers and customers covering the geographical areas of Europe, Africa, and the Middle East.
Resolve operational inefficiencies, as well as negotiate freight and demurrage exposures resulting in transactional cost reduction.
Responsible for trading petroleum product across West Africa and East Africa for Virgin Forest.
Responsible for planning shipping operations and vessel chartering for Virgin Forest.
Manage loading and discharge operation for various product traded.

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