Purpose of role
Virgin Forest Energy Limited is a wholly owned Nigerian and well capitalized energy downstream oil trading company and is seeking to recruit an Oil Trader.

Deadline: 11 pm Nov 21, 2017.
Interview: Nov 23, 2017.
Location: Lagos

Responsibilities:
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.

To apply kindly visit:
http://virginforest.com.ng/job/oil-trader/