Trade Analyst at Tamrose Ventures Limited (TVL)

Role Summary

• The most suitable candidate would have worked in a reputable petroleum product marketing firm.
• He/she must be able to monitor markets and generating trade ideas, participating in the pricing of products, playing a key role in tasks such as trade reporting or profit and loss analysis and assisting with managing risk of the team’s trading books.

Key Responsibilities

• Ensures the Company is fully licensed to cover the entire spectrum of petroleum product marketing
• Prompt registration with DPR/NNPC for receiving allocations
• Prompt registration with the following IOCs; Exxon, Total, Chevron, SPDC, Snepco and NLNG
• Establishing and maintaining relationships with other traders in the market, clients as well as prospective clients
• Ensure duty payment and proper documentation, and renewal of applicable licenses.
• Invoicing, issuance of invoice (in accordance with client requirement) to various clients upon fulfilment of agreed delivery of material.
• Issuance of Credit/Debit notes which may arise
• Outbound logistics, coordinate delivery of materials to final destination by requesting for adequate trucks/vessels and ensuring they meet all safety and regulatory requirements.
• Project Management, follow-up bidding stage to ensure proper definition of scope and delivery dates.
• Periodic update and issuance of invoicing forecast based on current orders, offer, or previsions.
• Ensure and maintain the organizations Market share, and also ensure it meets revenue and utilization targets and reporting on market trends and competitor analyses.
• Able to make market entry strategy and risk analysis in the energy markets.
• Proficiency in tender preparation and ability to tender on the Nipex portal SAP 7.0 platform.

Minimum Qualifications

• Minimum of Bachelors’ Degree in Business management, Accounting, Statistics or Marketing
• A Master’s Degree in International financial or Business management will be an added advantage.
• Experience with various trading systems, such as Orion, Advent’s Moxy, Tamarac, etc

Minimum Experience:

• Minimum of three (3) years’ experience particularly in a trade analyst function
• Good knowledge of and experience in the Petroleum industry, and the Oil and Gas sector.
• Proven exposure to foreign trading.
• Proven experience in project management.

Core Competencies:

• Good experience in trading both bonds and treasury bills in the marine industry.
• Generate profitable trade ideas both for the proprietary book and client portfolios
• Candidate must be able to work in a fast-paced, entrepreneurial & dynamic environment.
• Candidate must possess Numeracy & Quantitative Skills.
• Team player who has the discipline to work alone and meet pre-defined deadlines.
• Ability to achieve results in a demanding and challenging global environment.
• Must be a self-starter and a team player with proactive approach to work.
• Ability to develop creative and effective solutions to problems including thinking outside of the box.
• Demonstrate job commitment and personal flexibility to meet changing expectations
• Sales and service orientation through serving and satisfying the needs of the external and internal members/clients through the delivery of superior value.
• Ability to demonstrate Integrity, credibility, confidentiality, and responsibility in all member and client interactions