Trade Analyst - Chemicals & Specialty Products Trading (1989)

Houston, TX
Full Time
Aramco Trading Americas
Experienced

JOB DESCRIPTION SUMMARY

Support traders in executing strategies, ensuring efficient trading operations. Responsibilities include assisting front office execution across all elements of deal life cycle management including SAP Deal Entry, exposure records maintenance, and P&L reconciliation with middle / back-office functions. Develop commercial execution skills through mastery of contractual terms, witnessing and participating in commercial conversations, and analyzing market-based opportunities.

 

KEY DUTIES and RESPONSIBILITIES

  • Assist traders with SAP Deal Entry, amendments and capturing secondary costs to ensure accurate recording of trading transactions.
  • Assist trading staff with reconciliation of exposure records and monitor changes in market conditions to inform trading decisions.
  • Assist trading staff with reconciliation of Profit and Loss (P&L) statements to ensure accuracy.
  • Assist trading staff with settlement reconciliation and resolution
  • Assist trading staff with managing SAP service ticketing and system related setup / config including PACE index and accurate pricing are updated
  • Partner with trading operations staff to identify and resolve exposure / nomination-based discrepancies
  • Conduct demand/supply analysis to identify market trends and opportunities.
  • Generate reports and presentations summarizing trading activities and performance metrics.
  • Stay updated on industry regulations and market developments.
  • Participate in training and development activities to enhance skills and knowledge.
  • Adapt to changing market conditions and contribute to continuous improvement initiatives.
  • Calculate and validate pricing in accordance with contractual pricing formulas and terms, identify pricing discrepancies and highlight to trading staff for correction, to ensure accurate invoicing and settlement.
  • Partner with IT to resolve SAP issues and new setups
  • Assist with resolving invoicing issues with back office

 

COMMUNICATION

Internal Communication

  • Collaborate with traders, charterers & operations to gain insights into trading strategies, provide analysis of market trends, and support trade execution.
  • Coordinate with Middle Office & FRD to ensure accurate recording and reconciliation of trading transactions and analyze financial data relevant to trading activities.

External Communication

  • Customer or Broker communication, addressing customer inquiries or concerns regarding trading transactions, pricing, or contract terms.

 

JOB REQUIREMENTS

Education and  Skills (Required, Preferred)

  • Bachelor's degree in Science, Engineering, Finance or a related field.
  • Strong oral and written communication skills to effectively convey market analysis, trading strategies, and collaborate with internal teams.
  • Must be able to work in an office environment located in downtown Houston, TX

Preferred

  • Understanding of the oil and gas industry, including market dynamics, regulations, and supply chain operations.

 

Experience and  Knowledge (Required, Preferred)

  • Fresh Graduates with relevant Masters Degree in Finance, Economics, Business Administration or Petroleum Engineering can apply
  • 1 year experience in Commodity Trading in roles related to Trading, Shipping, Risk Management or Operations

Preferred

  • Basic understanding of financial trading, including hedging/speculative/price forecasting instruments such as derivatives, futures, options, OTC, and various credit instruments.
  • Familiarity with economic evaluation and analysis, as well as comprehension of concepts such as NPV, value creation, and option value, is desirable.

 

Abilities and  Specific Requirements (Required, Preferred)

  • Ability to analyze data, identify patterns, trends, and insights, and make informed decisions.

 

 

NO THIRD-PARTY CANDIDATES ACCEPTED

 

Share

Apply for this position

Required*
We've received your resume. Click here to update it.
Attach resume as .pdf, .doc, .docx, .odt, .txt, or .rtf (limit 5MB) or Paste resume

Paste your resume here or Attach resume file

Human Check*