Diesel Trading Officer

Location Central Region
Discipline: Accounting & Professional Services
Job type: Full Time
Salary: Attractive
Job ref: 795
Published: 8 days ago

We are glad to be assisting our client operating within the oil and gas industry, seeking to expand their operation by adding a Diesel Trading Officer to their team. 

Responsibilities:

  • Execute international trades of diesel, especially EN590 10ppm, through spot and long-term contracts.

  • Manage CIF, FOB, and Tank-to-Tank (TTT) operations at key terminals (e.g., Rotterdam, Fujairah, Houston).

  • Negotiate and secure competitive offers from verified sellers, refineries, or authorized mandates.

  • Source and vet reliable buyers and sellers, ensuring full KYC/AML compliance.

  • Maintain and grow a global network of brokers, agents, storage operators, and terminal contacts.

  • Build trusted relationships with stakeholders across Europe, MENA, Asia, and Africa.

  • Draft and review trade documents: ICPO, FCO, CI, draft contracts, POP/POPET, SPA.

  • Handle end-to-end documentation flow: Bill of Lading (BL), Certificate of Origin, Q&Q, SGS/CIQ.

  • Coordinate financial instruments like LC/SBLC with banks or financiers and validate conditions.

  • Monitor oil market volatility, geopolitical risk, and counterparty exposure.

  • Ensure compliance with international sanctions (EU, OFAC), trade laws, and internal procedures.

  • Collaborate with legal and compliance teams to assess and mitigate transaction risks.

  • Track diesel market dynamics, shipping rates, regional arbitrage, and demand cycles.

  • Develop pricing models and optimize trading strategies to maximize profitability.

  • Represent the company at industry events, trade fairs, and webinars to stay market-relevant.

Requirements

  • Bachelor's degree in International Trade, Energy Economics, Petroleum Engineering, or related field.

  • 5–7 years of hands-on experience in refined product trading, especially EN590 diesel.

  • Deep understanding of oil trade procedures, INCOTERMS, logistics, and documentation.

  • Proven success in closing trades and managing full deal lifecycle under tight timelines.