Oil Marketing Manager
Job Title: Oil Marketing Manager
Reporting To: Director, Oil Marketing
Term Type: Permanent
Purpose of the role:
Primary responsibility is to have a constant dialogue with existing and potential customers to maintain and further develop our crude and refined products offerings. Focus is to grow and develop our Oil OTC contracts, with a specific focus on products, specifically middle distillates. The role is highly technical and the successful candidate must have an outstanding understanding of Excel and our trading application.
Duties and responsibilities:
- Work with the Director, Oil Marketing to identify opportunities to grow volume and revenue from the Oil products OTC market;
- Manage the relationships with existing Oil products customers;
- Identify and develop new product opportunities in Oil products;
- Work with the clearing house to ensure correct margining of new products and correct margin offsets are created between new and existing products;
- Assist with the general oil team in identifying volume and revenue trends from existing customers and work within the team to manage/address any volume anomalies
Qualifications / Education:
Essential:
- The successful job holder will have a university education.
Desirable:
- Higher education qualification, such as MBA, or MSc in Finance/Economics.
Knowledge / experience:
Essential:
- Excellent customer relationship, presentation and written and verbal skills
- 3-5 years experience of working with Oil OTC sales and trading desks, specifically at Banks
- Strong understanding of the physical oil markets and related products
- Advanced knowledge of MS Access and/or Excel
- Advanced knowledge of front end trading applications, including ISVs and Bank supported front ends
- Strong understanding of the trade cycle, including the role of clearing in listed as well as OTC markets
- Strong Team player
Desirable:
- Prior Account Management Experience
- Existing customer relationships with Buy side firms, hedge funds, etc
- Project management experience
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