Oil Trader Resume Sample
Work Experience
- Ideally at 10 years + relevant experience from oil trading or producing firms or banks specifically in relation to the ME
- Understanding of bank compliance requirements for target clients
- Detailed understanding / knowledge of the ME oil market
- Strong long term relationships with oil industry participants in the ME
- Good communication skills, strong attention to detail and an entrepreneurial spirit
- Fluency in English and helpful to speak other relevant languages for ME region
- Work under pressure, and see opportunities through to execution but in the context of a team environment
- Maintaining customers’ relationship
- Supervising traffics’ operations and help to solve problems which they are not able to solve
- Experience on commodity trading and operations
- Understanding of heavy fuel oil and distillate cargo market fundamentals, pricing mechanisms and contractual terms used in purchase/sale of petroleum cargoes is essential
- Operational and commercial experience in a fuel oil trading environment is essential
- Experience in derivative/hedging transactions is desirable
- Professional presence and absolute integrity is essential
- Strong numerical and analytical ability is essential
- Develop and implement unique counterparty specific agreements
- Understanding and utilization of fundamental and technical market data to propose maximum value returns
Education
Professional Skills
- Strong communication skills and working in multicultural teams, facilitating communication flows
- Strong project management and analytical skills, paying close attention to detail
- Strong communication skills with the ability to express and share views on the physical market
- A multi-tasker that possess proven time management abilities, and a capacity to work in a time sensitive environment with shifting priorities
- Strong knowledge of US Domestic market and experience trading in this market
- Strong knowledge of international crude oil flows and crude oil market dynamics and experience trading in these markets
- Demonstrated ability to work cooperatively and effectively within a culturally diverse global team and customer base
How to write Oil Trader Resume
Oil Trader role is responsible for software, travel, trading, shipping, database, credit, finance, languages, transportation, articulate.
To write great resume for oil trader job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Oil Trader Resume
The section contact information is important in your oil trader resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Oil Trader Resume
The section work experience is an essential part of your oil trader resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous oil trader responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular oil trader position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Oil Trader resume experience can include:
- Demonstrates ability to build effective relationships in a multi-cultural setting
- Third Party Relationship Building: Builds strong relationships with counterparties from varied backgrounds and cultures
- Cargo Trading experience
- Experience with detailed commercial negotiations
- Providing Derivatives Management, defining and executing trading and hedging strategies
- Analyzing physical and derivatives market in order to identify trading opportunities
Education on an Oil Trader Resume
Make sure to make education a priority on your oil trader resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your oil trader experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Oil Trader Resume
When listing skills on your oil trader resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical oil trader skills:
- Knowledge and experience in physical marketing, supply and/or trading, including inventory management
- Commercial experience, preferably including trading and logistics in the crude oil market
- Experience in using analytical and problem solving techniques
- Experience in blending and optimization of crudes
- Good risk management and understanding of implied exposure & optionality within contracts and the overall book
- Prior interaction with trading teams
List of Typical Skills For an Oil Trader Resume
Skills For Crude Oil Trader Resume
- Contract Administration: Works with support contract administration staff to ensure that all trades are effectively documented and controlled
- Contract Administration: Ensure that all trades are effectively documented and controlled
- Market Analysis: Demonstrates a deep understanding of the complex crude markets from either the equity sales or refinery supply perspective
- Third Party Relationship Building: Build strong relationships with counterparties from varied backgrounds and cultures
- Solid proficiency in the use of computers and Office software
- Derivatives management experience
- Understanding of inventory financing structures
- Developing a US Domestic Market book while having presence in the US exports/imports
- Promoting crude oil physical arbitrages (AMERICAS/EUROPE/ASIA) and local trading activity in the AMERICAS
Skills For Physical Oil Trader Resume
- Remaining current on the legal, compliance and economic issues affecting the hydrocarbon industry
- Willing and able to travel domestically and/or internationally
- Understanding of regional or global crude markets
- Facilitate new source development, qualification, and implementation, by proactively interacting with Clients, Refining, Transportation, etc
- Gather information and conduct investigation and implementation of opportunities for third party processing, storage, and blending
- Knowledge of refinery operations, planning, S&D operations and shipping
- Multi tasking, able to balance long term Business development demands with day to day Trading activity
Skills For China Oil Trader Resume
- Determination: Needed to bring negotiations to a productive conclusion, achieving buy-in from Stakeholders
- Supply, marketing and trading of Crude Oil in the AMERICAS, as part of a global team with offices in Madrid and Singapore
- Knowledge of refinery operations and sourcing requirements for optimization of crude oil slate
- Entrepreneurial spirit with ability to leverage a trading toolkit of the business
- Develop risk management strategies to mitigate risk in all trading and supply activities
- Manage scheduling for crude oil as needed
- Maintain crude oil and related products sourcing database
- Global commodity sourcing expertise with knowledge of demand / supply
Skills For Oil Trader Resume
- Knowledge of crude oil market, crude oil by-products, and sourcing alternatives
- A self-motivated, enthusiastic and high-energy individual with a focus on achieving sustainable business results
- To co-ordinate regional trading activities with the global team as well as cross business with other products
- Negotiate and close commercial operations (physical and derivatives) dealing with internal and external clients
- Provide service to Repsol internal clients (Refining and Upstream)
- Control and market risk management of all operations related to the trading activity
- We offer an open-concept office environment
Skills For Crude Oil Trader Resume
- Infrequent travel to Canada, other U.S. offices and crude oil events in North America
- Create opportunities by accurately forecasting North American crude markets and evaluate and make recommendations around trading strategies with the functional ability to execute upon these market calls within Suncor’s defined risk parameters
- Promotes productive impact across organizations; seeks value-added improvements
- Deep focus on Latin American and knowledge of USGC market and trade flows
- Extensive contacts in Latin American region
Skills For Physical Oil Trader Resume
- Contribute new ideas to reduce costs and improve quality and delivery
- Identify new business development initiatives in line with agreed company strategy
- Manage contract administration for crude oil as needed
- Support crude logistics to maximize value for Delek
- Develop competitive market intelligence
- Prepare and present monthly forecasts and purchase price variance analysis
Skills For China Oil Trader Resume
- Monitor inventory levels and keep them aligned with corporate targets
- Work with Credit to maximize open line credit limits
- Optimize refinery crude slate to maximize value
- Demonstrated ability to communicate ideas and recommendations in a concise and articulate way, both orally and in writing. Also demonstrates active listening skills to understand others’ ideas and recommendations
- Demonstrated ability to work in a highly pressurized environment and to be flexible with regard to working hours, with the ability to multitask
- To trade both international and domestic business and maximise and contribute to the global profit of the team
- To allocate short and long positions within related entities
Skills For Oil Trader Resume
- To get the relative information in the industry
- Marketing of certain global equity crude into Asian market, supply and optimize crude feedstock for system refineries in Asia Pacific and trading for profit, origination, inventory management, managing price structures etc
- Exposure to corporate risk management and compliance in multinational or large companies
- Extensive knowledge and an active participant in the Chinese crude market
- Knowledge on refinery economics is an advantage
- Market Analysis: Demonstrates a deep understanding of the complex crude markets from either the equity sales or refinery supply perspective; align the internal organization behind any strategy and negotiate effectively
- Communication: Briefs and aligns the trader’s team on a daily strategy based on analysis of the market
Skills For Crude Oil Trader Resume
- Negotiation: Negotiates trades with various types of industry participants including oil majors, energy companies of all sizes, transportation companies, state-owned oil companies and trading houses
- Projects: Develops medium and long-term business opportunities that take up about 10-15% of a trader’s time
- Negotiation: Negotiates trades with various types of industry participants
- Projects: Develops medium and long-term business opportunities
- Capable to develop new business opportunities
- Knowledge of refinery processes and upstream activities