Trading Operator

Excited to grow your career?

We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

Compensation Grade

Job title

Trading Operator

Location           

Houston

ORGANISATIONAL CONTEXT & JOB PURPOSE

At INEOS Energy we produce and trade oil, gas and liquefied natural gas (LNG). This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea and our investment in HydrogenOne Capital.

As a key function of the INEOS Energy Trading team, trading operations is accountable for the logistics planning and execution needed in physical trading deals. It is critical to ensure that all safety requirements and the 3C’s obligations are met (Contractual, Compliance and Commercial).

Trading Operators play a pivotal role in ensuring that the front to back-office processes run smoothly and that valuable data and information is collected, entered and validated in a timely manner to allow effective management and oversight of the deal lifecycle.

RESPONSIBILITIES & ACCOUNTABILITIES

• Adherence to all Safey regulations and SHE principles.
• Nominate, schedule and monitor oil movements on 3rd party pipeline systems; communicating with pipeline operations as needed to facilitate movements.
• Monitor 3rd party systems for maintenance and operational postings; communicate internally as appropriate.
• Nominate (and inspectors if required) and prepare all terminal dock instructions.
• Monitor and resolve volumetric discrepancies; support accounting team with invoicing accuracy.
• Entry of trade data and information into systems of record within appropriate timelines.
• Maintain and report stock and inventory, highlighting opportunities for commercial advantage or potential delays.
• Understand the deal requirements, with a focus on the contracted credit terms and notification timelines;when LoI and LCs may be required communicate with teams in a timely manner
• Develop partnerships and maintain external relationships with terminal and pipeline operators.
• Identify areas for standardisation, simplification or automation within the INEOS Energy Group.
• Identify and disseminate relevant market intelligence within team to optimise and enhance business opportunities.
• Represent INEOS Energy at various events/ networks as required.

SKILLS, EXPERIENCE & EDUCATION

Experience & Education

• Bachelor’s Degree in business, finance, operations management, logistics or similarly related field or Minimum of 2 years in a logistical delivery role.
• Competent user of suite of Microsoft office applications.
• Knowledge of relevant industry regulations

Technical skills

• Working knowledge of crude pipeline nominations and scheduling processes.
• Working knowledge of commodity and shipping logistics operations
• Working knowledge trading contracts Eg MSPA, ISDA, BPVOY5 SHELLtime2

BEHAVIOURAL SKILLS

• Strong commitment to safety, regulatory and environmental principals
• A bias for action with a proven track record of taking initiative and solving complex problems.
• Self-motivated; Willingness and energy to take on new tasks with little supervision.
• Excellent communication (verbal and written) and powerful networking and influencing skills.
• Excellent organizational skills with the ability to work under extreme time constraints and considerable pressure, with confidence and courage.
• Keen eye for detail and ability to communicate complex situations effectively to management
• Ability to communicate and resolve issues in a professional and tactful manner