Vacancy For Trading Analyst at Rainoil Limited, 8th July, 2019

Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage,  Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK). We are recruiting to fill the position below:     Job Title: Trading Analyst Location: Lagos Job Type: Full Time Job Summary

• To charter high quality vessels suitable for Rainoil Shipping & Trading requirements. It is also the responsibility and function of this Department to provide appropriate timely and cost-effective shipping and chartering strategy for the company.
• The incumbent will manage commercial and operational processes of all imported product (AGO, DPK and PMS).

• To ensures that the executed marine charter transactions is within Rainoil Shipping &Trading standard with the lowest possible freight costs meeting Rainoil S&T’s operational standards.
• Ensures the quality of all petroleum products and ensure they are within DPR/SON Standard specifications before they are imported or bought by the company.

• Develops and maintains relationships with industry counterparts including ship owners, charterers, DPR, PPPRA and brokers to facilitate and enhance Rainoil S&T’s business.
• Keeps all other departments of the organisation informed of significant issues and changes in the tanker market.
• Supervises demurrage claims preparations and collection.
• Performs other assigned duties as delegated by the COO and MD/CEO from time to time.
• Negotiates chartering transactions
• Co-ordinates with ship brokers and other industry contacts to provide expertise in support of Rainoil S&T’s business.
• Gathers, evaluates and maintains market information in support of commercial requirements.
• Anticipates market direction and identifies trends. Proactively sharing shipping market intelligence with other departments in the organisation.
• Calculates voyage economics as necessary to evaluate charter opportunities.

• Good University Degree
• 5 years’ experience within an organization with extensive shipping operations and logistics services.