Main Purpose :
Physical oil products operations and trader support. Co-ordinates all aspects of the post-deal trading activity to ensure contract execution runs smoothly.
Provide commercial / market information to the trader as necessary.
Knowledge Skills and Abilities, Key Responsibilities :
Able to interpret the operational requirements of each contract, can review and comment on operational aspects of same. Understands the basic legal framework supporting oil contracts.
Can interpret the basics of a charter party against the interacting oil contract.
Has a good understanding of common ship operations and terminology. Able to ensure satisfactory commercial operation of vessels under minimal supervision.
Has a good understanding of relevant petroleum product specifications, analytical methods, laboratory precision and inspection procedures.
Has a good understanding of the different types of financial instruments, their uses and the importance of LOIs and shipping documents within the process.
Key Responsibilities :
Review and comment on contracts / tenders to ensure consistency with the trade ticket / recap.
Execute daily operational activities
Ensure operations are optimized to best commercial advantage ensuring all contractual obligations are met (e.g. minimising / maximising of volumes / reducing demurrage exposure).
Manage storage logistics. Complete storage reconciliations and identify and investigate loss / gain differences.
Maximize recoveries and ensure that all claims to third parties are correctly documented and presented. Secure payment of third party claims.
Maintain good working practices with other trade support divisions claims / deals desk / trade finance / chartering
Establish and / or maintain good working relationships with contractual
operations counterparts / third party service providers on a regular basis
Training of less experienced members of the operations team to develop and increase knowledge / commercial awareness.
Follow strictly internal procedures and company's policies. Adhere to Trafigura's Code of Conduct / HSEC Policy and Business Principles.
Identify and escalate operational issues to Regional Manager seeking guidance as appropriate.
Establish and / or maintain good working relationships with contractual counterparts and third party service providers.
Key Relationships and Department Overview :
Reports to Regional Operations Manager