Financial Operator – Dry Bulk

  • Full-time

Company Description

We are a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon credits. Every day we use our expertise to distribute energy around the world. We source from producers, refiners and intermediaries and deliver to refineries, utilities, airlines and retail distribution networks as well as wholesalers and other traders. We manage the physical risk associated with moving energy.

Our business is global: we trade over 7 million barrels per day of crude oil and products and charter around 6,200 ship voyages a year. We also use our technical expertise to manage a global network of energy infrastructure that we deploy to help meet supply and demand flows worldwide. Our trading and logistical expertise is supported by a suite of propriety technology applications that we build and maintain in-house. Our revenues in 2022 were $505 billion. For more information please visit: https://www.vitol.com/

Job Description

The Trading and Commercial Operator plays - a key role - in our company and is responsible for the operation and execution of the trading contract, taking over the operation from the trader.

Some of the responsibilities are:

  • Completing trade transactional follow-up with counterparties
  • Day to day operation of contracts (issuance, checking, amendments and follow-up)
  • Preparing, checking, amending and follow-up of finance documents; documentary credits, bid bonds, payment undertaking, invoices etc.
  • Preparing vessel's nominations and documentary instructions (B/L’s, C of Origin, customs documents)
  • Negotiating key logistical and commercial terms
  • Assisting in P&L control by managing operational changes in the systems
  • Quantity and quality issue resolution

Qualifications

The ideal candidate would have all of the experience points referenced below, however, the role is somewhat unique in where it sits between typical trading operations and back office, therefore we appreciate that some candidates may have the occasional gap

  • Minimum 3 years of experience with physical operations or logistics (both shipping and quality issues)
  • Experience in Dry bulk vessel operations is an advantage
  • Experience in commodity trading, oil, logistics and shipping
  • Knowledge about GTCs, contracts, letters of credit, etc.
  • Trade finance knowledge is a plus
  • Advanced excel skills is required
  • Fluent in English is a must

Additional Information

  • A role at the centre of the company business with new challenges daily
  • An international company with offices in Singapore, London, Geneva, Houston and the possibility to work abroad.
  • A flat and approachable organization.
  • An excellent working atmosphere: Friday drinks and regular office socials
  • A competitive compensation and benefits package (Bonus, Pension & Insurance)
  • Mobility budget, free Lunch, gym subscription and a mobile phone.
  • 27 days of paid annual leave.
  • Bespoke inhouse training focused on developing skills and substantive knowledge with scope for external training where needed and appropriate
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