Trader Dubai

Entity:

Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

bp is reimagining energy for people and our planet.

We provide heat, light and mobility to customers worldwide. We’re fundamentally transforming what we do so we can reach net zero by 2050 or sooner. We also have a strong mission to help the whole world reach net zero too – working across our industry to improve people’s lives.

It’s crucial to us that the differences we see in the world around us are reflected in our workplace. Who you are is what counts, not where you’re from or how you live your life. A culture that values everyone benefits all of us. That’s why, to help our people thrive, we nurture a truly diverse and inclusive environment.

Be part of our Light ends oil products trading team of Trading & Shipping Global Oil. This is an extremely dynamic and fast-paced team, active across all spectrum of oil products, gasoline, naphtha and petrochemicals (incl Bio).

We are hiring a marketer & trader of Lights ends oil products for our Dubai regional office to support bp Singapore Light Ends Oil Products bench in the AsPac region. You will be based in Dubai and focus on growing our presence in Arabian Gulf region, managing key external counterparties, connecting our European & Singapore books to the Middle Eastern markets!

Trader

In line with Emiratisation goals, we are encouraging UAE nationals to apply.
We also would like to emphasize that applications from a diverse group of candidates are welcomed too.

In this role You will:

• Drive commercial strategy for the trading desk, provide business development support, originate new relationships & deals, complete trades, participate in various tenders and work closely with the other regional trading teams.
• Proactively engage with bp traders in other regions to maximize value for the global book.
• Coordinate all the Arabian Gulf relationships, partnerships & trading flows and set up strategic objectives for the longer-term business growth in the region.
• Be responsible for physical arbitrage calculations and preparing for tender participation, as well as stock management.
• Connect & collaborate closely with London & Singapore teams (trading and supporting functions).
• Be based in Dubai but will be expected to travel within Middle East/London/Singapore (ca. 40-50%).

What You will need to be successful:

• Higher education degree or equivalent experience in business, commercial or engineering field
• At least 5 years of experience of working as trader in gasoline, naphtha, or related markets
• Proven origination and deal delivery track record in Lights ends oil products, as well as strong knowledge of oil markets (predominantly gasoline & naphtha) and market fundamentals.
• Strong commercial competence and negotiation/contracting skills
• Fluency in English
• Strong understanding of key Middle East, European & Southeast Asian supply/demand centers trade flows.
• Strong entrepreneurial bias – ability and passion to identify and develop new business and deals independently. Proven record of developing and maintaining external relationships in ME markets, strong network of business contacts in existing field/market
• Experience working with a multinational team in arbitrage economics and good knowledge of gasoline blending and tankage management

At bp, we provide the following environment and benefits to you:

• A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities to craft your career path
• Life and health insurance, medical care package
• And many other benefits.

Travel Requirement

Up to 50% travel should be expected with this role

Relocation Assistance:

Relocation may be negotiable for this role

Remote Type:

This position is a hybrid of office/remote working

Skills:

Arbitrage, Gasoline, Oil Trading, Originations (Inactive), Stock Trading

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.