Senior Trade Operations Analyst at Phillips Consulting

Description

Our client, a leading indigenous oil and gas trading and logistic firm incorporated in Nigeria and engaged in the business of lubricant manufacturing and marketing, refined petroleum products trading and supply chain management is looking to recruit a highly skilled Senior Trade Operations Analyst who will be responsible for managing the clearance, settlement, and reconciliation of trades and positions on behalf of the organisation's trade desks to achieve the overall corporate vision.

JOB DUTIES/RESPONSIBILITIES:

• Developing a thorough understanding of the business operations and industry environment in order to make recommendations.
• Analyzing the economic impact of new legislation or regulations on the business and industry.
• Coordinating with customs, ship brokers and freight forwarders to ensure that shipments comply with government regulations.
• Coordinating with insurance brokers to ensure that the business is adequately covered against major losses and liabilities.
• Analyzing data from multiple sources to predict changes in consumer demand for products or services.
• Consulting with clients about current trade issues affecting businesses.
• Preparing reports on market trends, trade statistics, and other relevant information about the industry or geographic area of focus.
• Negotiating contracts with suppliers and clients to set terms for shipping, pricing, and other business arrangements this will be subject to your line manager’s approval.
• Develop solutions to increase efficiency and reduce costs associated with international trade transactions.
• Studying stock market activity, executing trades, monitoring and analyzing trade activities.
• Analyzing and interpreting market data.
• Studying trends in supply, demand, and pricing in order to make informed decisions about business operations.
• Liaising with external vendors and stakeholders.
• Operate high-volume post-trade processes such as trade processing, matching, and settlements; corporate actions processing; and options and futures crossing on exchanges.
• Operate pre-trade processes such as trading system controls, parameterization, and pricing readiness.
• Improve trading P&L by analyzing fees and system inefficiencies. Optimize cost of carry-through inventory management and timely settlement of trades.
• Build and own dashboards to monitor trader positions, market-making activities, and post-trade processes.
• Initiate and run automatization projects, where you will collaborate with Developers and program in Python and PostgreSQL.
• Facilitate relationships and act as single point of contact for operations with Prime Brokers, Exchanges and Counterparties

Requirements

SKILLS AND QUALIFICATIONS REQUIREMENTS:

• Experience in operations, trade support or related experience is advantageous
• 10 years’ experience in the oil & gas sector is advantageous
• Ambitious and self-motivated, with the ability to use own initiative
• Excellent problem solving and analytical skills; including effective troubleshooting in a fast paced, time critical environment
• Strong communication (verbal and written), and excellent organizational skills are essential
• Able to work in an accurate and structured way with an engineering mindset
• Strong analytical, quantitative and problem-solving skills
• Driven to constantly improve and optimize with a passion to automate
• Able to work under pressure and multi-task with accuracy
• Fluent in English
• Strong affinity with financial markets
• Excellent communication and teamwork skills