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Commodity Trading Operator


Hours: 37.5 hours per week
Location: Knightsbridge, London - office based with some European travel required 
Salary: Competitive + bonus + benefits 
Closing date: Wednesday 6th December   

INEOS is a global manufacturer of petrochemicals. It comprises 36 businesses; each with a major chemical company heritage. INEOS’s production network spans throughout the world, 194 sites across 29 countries, generating an annual turnover of around $68 billion.

INEOS Trading & Shipping (ITS) trades almost 10 million tonnes of physical feedstock every year enabling other businesses within INEOS; in particular four highly integrated and differentiated crackers of INEOS in Europe, to manufacture chemicals and polymers.

We have a growing shipping fleet under our control of 20 vessels, which includes the 27,500 cbm Dragon series of ships capable of transporting feedstock from the US to our cracker sites in Scotland and Norway. The shipping team transports more than 5 million tonnes of products per year with around 2000 movements per year across seaborne and inland routes.

We are currently looking for an Operator to join our organisation. The Operator will be accountable for the execution of all physical movements of feedstocks within their product area and all associated order to cash or payment activities within the ERP (SAP) system. The role is responsible for providing safe & reliable delivery of products, balancing costs and service levels to maximize business value. This will include identification of innovative solutions, based on expert operations & logistics knowledge, to resolve complex operational issues. Successful performance of the Operator role means oversight of operations ensuring manufacturing, trading, chartering and supply chain plans are co-ordinated and delivered to meet volume and cost objectives safely and as efficiently as possible.

Role & Responsibilities

The Operator is required to execute all physical movements of commercial deals concluded by the Feedstocks Trading Team. This needs to be carried out in a safe and legally compliant way whilst ensuring monthly production plans are met and optimising the logistics costs incurred. To that end the following tasks are actioned and responsibilities are held by the Operator:

  • When executing logistics movements, the role holder is accountable for complying with the strict adherence to INEOS safety and marine vetting policies to ensure safe movement of hazardous cargos;
  • Accountable for all SAP entry and execution of the orders to cash and payment processes;
  • Supporting the counterparty on-boarding process and ensuring their set-up in SAP;
  • Through working knowledge of the logistics landscape, advise the Traders on operational expertise to enable optimisation of supply / demand balances;
  • Deliver physical movement aspects of the monthly production plans and work effectively with the Chartering Team to identify and deliver; shipping solutions for ITS & other Olefins & Polymers (O&P) Businesses;
  • Identify key business issues, cost efficiencies and develop & execute action plans to meet those needs. The Operator is required to execute the month end process to ensure that the Financial team have an accurate view of monthly performance for reporting at Group level and take the lead in developing processes to monitor and increase month end efficiency;
  • Through routine interaction with counterparties, the operations team interpret and communicate market information to Trading and Chartering teams to assist in developing a picture of trading activity that results in commercial advantage;
  • Form and maintain strong relationships with external operational counterparties, brokerage & logistics service providers and internal manufacturing resources to optimise the supply chain and manage complex operational situations;
  • Through an in-depth understanding of supply and logistics agreements, plans and co-ordinate the in-month delivery programme in the most efficient manner possible to reduce supply chain costs and act as the first line contact in monitoring costs within their product area;
  • Lead operational aspects of running time charter ships, including providing accurate and on time voyage orders to the ship/barge owners and any bunkering requirements communicated from the Chartering Team;
  • Supervise the appointment of surveyors and liaise with both internal and external contacts to ensure that documentation is in order, ensuring compliance with VAT, customs and other regulatory requirements within their product group including tax warehouse obligations;
  • Ensure strong customer/supplier relationships, to provide information and help resolve payment disputes as directed by the credit department and contributes to the overall reduction of O&P overdue payments;
  • Update the operations KPI’s, including demurrage spend, monitor trends and suggest corrective action on a monthly basis; and
  • Provide Treasury Teams and Business Controllers with weekly / monthly supply chain cash forecasts.

Skills, Knowledge & Qualifications: 

  • Minimum of 2 years knowledge of shipping logistics operations, especially in terms of transport safety requirements.
  • Knowledge of SAP (or similar ERP system) in order-to-cash, purchase-to-pay and related processes.
  • Degree level of education preferred but must be numerate.
  • Working knowledge of contract and maritime law, demurrage principles and trading conventions.
  • Ability to speak other languages is preferred but not essential. 
  • Competent user of suite of Microsoft office applications.
  • A bias for action with a proven track record of initiative and complex problem solving. Willingness and energy to take on new tasks with little supervision.
  • Excellent communication (verbal and written) and powerful networking and influencing skills.
  • Strong organisational skills with the ability to work under extreme time constraint and considerable pressure, with confidence and courage.
  • Keen eye for detail and ability to communicate complex situations effectively to management.
  • Highly developed conflict resolution skills based on fact-based arguments.

Benefits: 

  • Benefit platform – access to discounts on high street stores 
  • Discounted private medical insurance, travel insurance, dental Insurance and more
  • Bonus opportunity 
  • 25 days holiday per annum plus bank holidays 
  • EAP programme
  • Employee referral bonus scheme 
  • On-site gym and free classes
  • Salary sacrifice – Pension & Cycle to Work
  • Tusker Car Scheme (subject to 12 month qualification period)

Selection process:

Application Form

Interested candidates should submit their CV via the Apply button below

Pre-screen (If applicable)

Applicants with a successful CV may be invited to an online MS Teams or telephone call to discuss the role, the organisation and your suitability further.

Formal Interview

Successful applicants will then be invited to a formal face-to-face or MS Teams interview which will consist of competency and technical based questions. Depending on the role you are applying for there may be additional assessments relating to the job and a second interview. 

Provisional Offer

If you are selected as the preferred candidate you will receive a provisional offer which will be subject to a medical assessment and reference checks.

To apply: Please submit your CV by clicking the 'Apply' button