Analyst, Oil Operations

About the Role

The Operations team, which runs logistics, is at the heart of the business. The role of an oil operator is techno-commercial, requiring individuals to apply technical knowledge to understand and maximize the trader's P&L. This involves staying aware of market intelligence, seeking commercially important information, and acting on it promptly in consultation with the trader. It is a progressive role requiring multi-dimensional understanding of fields including: Finance, product specifications, operations, International law, industry regulation, shipping, taxation, and customs.

Key Responsibilities

• Optimize the deal P&L through efficient voyage planning by communicating updates in a timely and organized manner.
• Actively manage all voyages by sending voyage orders to vessel owners, negotiating with port authorities to optimize logistics and minimize costs.
• Establish and maintain good working relationships with international customers and third-party service providers on a regular basis.
• Deal with international clients on a regular basis.
• Assist the chartering team with vessel clearance and post-fixture optimization of oil tankers.
• Review contractual terms with international clients to gain maximum commercial advantage for Trafigura.
• Gain understanding of pricing & hedging exposure on every deal and the P&L along with the Deals desk (risk management) team.
• Be completely aware of the costs related to a particular deal, minimize costs actively, and keep the Deals desk team continuously updated.
• Gain understanding of the Trade finance and credit terms associated with the deal.
• Ensure strict adherence to Trafigura's Code of Conduct and follow internal procedures and company's policies in an extremely regulated environment.

Requirements & Tech Stack

• Extremely strong communication skills and quantitative ability.
• Strong business acumen and a commercial bent of mind.
• Ability to work in a fast-paced, high-pressure environment.
• The role requires working with systems like Pluto/Atlas for maintaining accurate cargo quantities and event dates. (Implied from Department Overview)

Qualifications

• Minimum 0-3 years experience.
• MBA - Operations/ Marketing/ Finance.
• Degree in Engineering is desirable.

Key Relationships

• Trading Desk
• Deals Desk
• Chartering Desk
• Trade Finance Desk
• Contracts Desk
• Customers
• Service Providers

Department Overview

The Oil Cargo Operations team manages the physical execution of oil trades from deal conclusion through to final settlement. This includes coordinating with internal and external stakeholders for efficient and timely delivery. The team verifies trade recaps, drafts contracts, coordinates shipment schedules and vessel nominations, and appoints inspectors. Operators oversee loading and discharge activities, manage shipping documents, and maintain cargo quantities in Pluto/ Atlas. They inform the Deals Desk of operational changes, confirm final cargo quantity and quality, and coordinate final settlement. The team helps mitigate operational risks, cargo loss or damage, and demurrage, while ensuring cargo and documentation readiness. They work closely with various internal teams and external parties like inspectors, agents, terminals, and counterparties.