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Senior Fuels Trader (Cape Town, ZA)

Posted by:

Anga

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On:

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Purpose of the Job

To manage and ensure regular and economic sourcing & supply of finished bulk product to South Africa and neighbouring countries (BLNS) and develop system plus trading business to optimize on logistics/economics in co-ordination with Enterprise Optimization and Supply.

Who You Are:

  • You are a strategic thinker – You analyze market trends and make informed decisions.
  • You are decisive under pressure – You make quick, confident choices in fast-paced environments.
  • You are commercially savvy – You understand fuel markets and identify profitable opportunities.
  • You are numerically adept – You quickly calculate margins and profits to optimize strategies.
  • You are an expert negotiator – You secure the best deals with suppliers and customers.
  • You are skilled in risk management – You manage risk using tools like hedging and derivatives.
  • You are a strong communicator – You explain strategies clearly to stakeholders.
  • You are detail-oriented – You ensure accuracy in contracts and compliance.
  • You are adaptable and resilient – You adjust quickly to market changes.
  • You are relationship-focused – You build strong industry connections for better opportunities.
  • You are tech-savvy – You use trading platforms and data to optimize performance.
  • You are a leader – You mentor junior traders and contribute to team success.

What You’ll have done before:

Baseline:

  • NQF Level 7 (Bachelor’s Degree in Supply Chain or relevant)
  • 6 years’ experience in Oil and Gas with minimum of 3 years in Supply Chain environment
  • 2 years’ experience in Trading and Supply of crude and/or Petroleum products

Advantageous:

  • Degree in Commerce or Engineering
  • Experience in South African operations for supply of petroleum
  • Experience in South African operations for supply of petroleum

Exciting Challenges you might face in the role:

  • Navigating the rapidly changing fuel markets and making swift decisions to capitalize on price fluctuations.
  • Adapting to the effects of geopolitical events, supply chain disruptions, or regulatory changes that impact fuel availability and pricing.
  • Maintaining strong partnerships with key stakeholders, suppliers, and customers to ensure smooth operations and long-term success.

What You’ll be doing:

PRODUCT SOURCING

  • Sourcing and supply of all finished products, bulk fuels and refinery feedstocks (reformate) for South Africa and its neighbouring countries (BLNS)

CONTRACT MANAGEMENT

  • Negotiates terms and conditions of contracts and manages the implementation, operation and reconciliation of contractual agreements with external suppliers

STRATEGIC INITIATIVE SUPPORT

  • Provide support to the strategic initiatives to ensure system supply trading profitability and system plus trading profitability

SYSTEM MANAGEMENT

  • Manage and provide support to the system stakeholders (internal/external) to ensure smooth and efficient business operations

RISK MANAGEMENT

  • Recommend Price Risk and Hedging Strategies in order to minimize the price risk and losses that may arise from physical products sourcing

Job Advert Closing Date:  All job adverts close five days after date posted

 

Engen’s approved Employment Equity plans and targets will be considered as part of the recruitment process.

We welcome applications from people with disabilities. Let us know how we can accommodate you to participate in the recruitment process.

 

 

Important Information:

  1. The appointment will be made in line with Engen’s Employment Equity Strategy.
  2. All applications must be submitted to the contact person/ numbers provided & in the manner requested.
  3. If  not submitted by the closing date, your application will automatically not be considered.
  4. Engen does not guarantee that you will be called for an interview or appointed by virtue of your application.
  5. Engen reserves the right not to make an appointment.