Trade Analyst - Middle Distillates (1983)
aramco · Greater Houston · 1 wk ago
On-siteAnalystFull-time
Key Duties and Responsibilities
- Assist traders in SAP Deal Entry and amendments to ensure accurate recording of trading transactions.
- Conduct demand/supply analysis to identify market trends and opportunities.
- Maintain exposure records and monitor changes in market conditions to inform trading decisions.
- Reconcile Profit and Loss (P&L) statements to ensure accuracy and completeness.
- Generate reports and presentations summarizing trading activities and performance metrics.
- Stay updated on industry regulations and market developments.
- Participate in training and development activities to enhance skills and knowledge.
- Calculate and validate customer pricing in accordance with contractual pricing formulas and terms, identify pricing discrepancies and correct inaccurate pricing input, formulas or calculations in SAP to ensure accurate invoicing and settlement.
- Assign traders’ deals to the appropriate trading strategies in SAP and maintain accurate strategy allocation to support strategy-level exposure monitoring and P&L reporting.
Communication
- Internal Communication: Collaborate with traders, charterers & operations to gain insights into trading strategies, provide analysis of market trends, and support trade execution. Coordinate with Middle Office & FRD to ensure accurate recording and reconciliation of trading transactions and analyze financial data relevant to trading activities.
- External Communication: Address customer or broker inquiries or concerns regarding trading transactions, pricing, or contract terms.
Job Requirements
- Education and Skills (Required, Preferred)
- Bachelor’s degree in science, Engineering, Finance or a related field.
- Strong oral and written communication skills to effectively convey market analysis, trading strategies, and collaborate with internal teams.
- Experience and Knowledge (Required, Preferred)
- Fresh Graduates with relevant master’s degree in finance, Economics, Business Administration or Petroleum Engineering can apply.
- 1 year experience in Commodity Trading in roles related to Trading, Shipping, Risk Management or Operations.
- Abilities and Specific Requirements (Required, Preferred)
- Ability to analyze data, identify patterns, trends, and insights, and make informed decisions.