TRADER - LEAD FERTILIZER (2000)
aramcoservices
Full-timelead
Job description
JOB DESCRIPTION SUMMARY
Manage Fertilizer Trading activity by formulating strategies and executing physical and paper trades to achieve commercial objectives for [Relevant Product] within set risk and resource parameters. Hold accountability for profit/loss generated from trading activity agreed with Global Head.
KEY DUTIES and RESPONSIBILITIES
• Agree scope of Trading Activity to be managed with Global Head of [Relevant Product] along with relevant commercial objectives and risk thresholds
• Formulate trading strategy and execute physical and paper trades to achieve commercial objectives
• Ensure compliance with internal policies and external regulations governing trading activities.
• Monitor and adapt trade execution in timely fashion considering lates market trends and competitor behavior
• Engage with Middle Office to enable accurate recording of trades and ensure accurate P&L and Exposure reporting
COMMUNICATION
Internal Communication
• Regularly communicate with global team members to discuss trading strategies and coordinate trade execution.
• Provide updates to the Book Leader and other relevant stakeholders on trade performance and risk management activities.
• Collaborate with internal departments such as Finance, Operations, and Compliance to ensure alignment and compliance with company policies and procedures.
External Communication
• Engage in negotiations with counterparties and clients to finalize trade agreements and contracts.
• Communicate with external vendors and service providers to facilitate trade execution and resolve any operational issues.
• When necessary, interact with regulatory bodies and industry organizations to stay informed about regulatory changes and industry best practices.
JOB REQUIREMENTS
Education and Skills (Required, Preferred)
• Bachelor’s degree in science, Engineering, or Economics.
• Knowledge of ammonium sulfate and urea
• Strong communication, negotiation, and teamwork skills.
• Ability to identify and resolve complex issues efficiently, especially in high-pressure trading environments.
• Precision and thoroughness in analyzing data, contracts, and market trends to make informed trading decisions
Preferred
• Proficiency in trading systems and software as well as Microsoft Excel
Experience and Knowledge (Required, Preferred)
• Understanding of product demand, supply, shipping, storage & logistics for relevant trading area and product
• Understanding of relevant laws and regulations governing commodity trading, ensuring adherence to legal requirements.
• Well-connected with end-users and counterparties worldwide
Abilities and Specific Requirements (Required, Preferred)
• Entrepreneurial mindset with a passion for trading.
• Intuitive decision-making ability and a tolerance for risk.
NO THIRD-PARTY CANDIDATES ACCEPTED