Oil Operations Specialist
vor 3 Wochen
Job Overview
JobUp is seeking a skilled Oil Operations Specialist to join our team. As an Oil Operations Specialist, you will be responsible for executing efficient handling of transactions, with timely and accurate administration and data entry, directly contributing to maximize the traders' profit and loss.
Key Responsibilities
- Ensure operations do not start until a written contract has been sent out or received from the counterparty, and obtain the required exemption where necessary.
- Check trader deal sheet against LITASCO contract and contact traders for corrections in case of discrepancies.
- Read and understand the contractual content, terms, and conditions.
- Issue instructions to the relevant counterparties to execute the final contract and any amendments.
- Review and finalize transhipment, service, and storage contracts.
Financial Security
- Instruct LC for issuance/receipt of LCs as per contract.
- Check commercial aspects of drafted LC to ensure details match contractual terms and actual events.
- Amend LC terms to match the respective operational data and ensure no delivery is effected without adequate financial security in place as specified in the contract.
- Timely instruction for issue of outgoing invoice/process of incoming invoices.
Cargo Management
- Nominate vessels under the contract agreed by the trader.
- Issue Documentary Instructions to meet LC, customs, and contractual requirements.
- Appoint inspectors for Quality and Quantity as per contractual requirements and other measures/analyses requested by traders.
- Process purchase, sale, and services invoices.
- Storage management (where applicable).
Requirements
- University Degree or Business School degree.
- Minimum 5 years of experience in operations in trading industry, with a minimum of 3 years on the crude oil desk.
- Knowledge of the international trading environment in the oil industry.
- Knowledge of operational and financial procedures.
- Expert-level knowledge in TCO.
- Strong organization skills and ability to manage priorities.
- Good negotiation skills and ability to build productive relationships.
- Versatile; ability to adapt to situations and resolve problems quickly.
- Autonomous, pro-active, and always thinking ahead.
- Good judgment skills and ability to come up with solutions, while minimizing risk and optimizing the company's interests.
- Fluent in English and Russian (mandatory), Kazakh is a plus.
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