Oil Trader at Tophire Africa (3 Openings)

Job Title: Oil Trader

Job Summary

• The Oil Trader is responsible for buying and selling crude oil and related petroleum products in global markets with the objective of generating profit for the company or its clients.
• This role involves market analysis, strategy development, trade execution, risk management, and maintaining strong relationships with key market participants.

Responsibilities
Market Analysis:

• Analyze global oil markets including supply and demand trends, price movements, and geopolitical developments.
• Identify trading opportunities by interpreting market data and forecasting trends.

Trading Strategy:

• Develop and implement trading strategies aligned with market insights, risk tolerance, and organizational goals.
• Evaluate performance of trading strategies and optimize accordingly.

Trade Execution:

• Negotiate and execute trades involving physical oil products (crude, refined products) and derivatives (futures, options, swaps).
• Ensure timely execution and delivery of trades.

Risk Management:

• Monitor and manage market, credit, and operational risks.
• Implement hedging strategies to mitigate exposure and protect profits.

Relationship Management:

• Build and sustain strong relationships with suppliers, refiners, brokers, and other traders.
• Act as a key contact in commercial negotiations and communications.

Logistics and Supply Chain:

• Collaborate with logistics teams to ensure smooth movement and storage of oil products.
• Oversee end-to-end supply chain operations related to traded goods.

Compliance and Documentation:

• Ensure all trading activities are compliant with applicable laws, regulations, and company policies.
• Maintain accurate and complete documentation of all transactions.

Performance Monitoring:

• Track and assess trading performance, profitability, and operational efficiency.
• Recommend and implement improvements to trading systems and processes.

Skills and Qualifications

• Proficient in data interpretation, forecasting, and decision-making.
• Effective in contract negotiation and stakeholder engagement.
• Understanding of global oil supply chains, pricing mechanisms, and regulatory environments.
• Accuracy in documentation, compliance, and execution.
• Familiarity with trading platforms and risk management software.

Education & Experience Requirements:

• Bachelor’s Degree in Finance, Economics, Business, or related field (required).
• Professional experience in oil trading, commodities, or energy markets (preferred).
• Certifications in Trading, Risk Management, or Financial Markets (an advantage).

Salary
N800,000 – N1,000,000 Monthly. 

Application Instructions:

The application deadline is 5th September, 2025. Therefore, qualified and interested candidates should send their CV in MS Word to: [email protected] using the Job Title as the subject of the mail. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy

Website:
Official Job Website: https://tophireafrica.com/