Senior Oil Trader - Downstream
AI summary
Pishon & Brooks Advisory Services Limited is hiring a Senior Oil Trader – Downstream in Lagos to lead trading of refined petroleum products across Nigeria and West Africa. The role focuses on origination, P&L delivery, supply sourcing, logistics, and risk management. Candidates need 7–10 years of downstream trading experience and a bachelor’s degree or HND, with MBA/CFA/CISI as an advantage.
- Senior downstream oil trading role based in Lagos, Nigeria
- Owns trading book and P&L for PMS, AGO, DPK, ATK, LPG
- Requires 7–10 years refined petroleum trading experience
- Bachelor’s/HND required; MBA, CFA, or CISI is an advantage
- Focus on supply sourcing, logistics, risk, and compliance
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required7+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in sales, internship, part_timeThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Senior Oil Trader - Downstream evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Pishon and Brooks Advisory Services and the role in Not specified.
- Add concrete examples related to sales, internship, part_time, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Senior Oil Trader - Downstream role in sales, internship?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Pishon and Brooks Advisory Services before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
Pishon & Brooks Advisory Services Limited (PBAS) is a professional services firm that supports her clients by managing their end-to-end HR Processes in order to enhance their productivity and growth aspirations. Read more about this company Senior Oil Trader - Downstream Job Type Full Time Qualification BA/BSc/HND , MBA/MSc/MA , Professional Certificate Experience: 7 - 10 years Location Lagos Job Field Finance / Accounting / Audit JOB PURPOSE The Senior Oil Trader will lead the origination, structuring, and execution of high-value trading transactions for refined petroleum products across the Nigerian and West African downstream market. The role is accountable for delivering targeted trading P&L, securing resilient supply, optimizing margins, and managing price, credit, and logistics risk. This is a commercial leadership role requiring deep market intelligence, strong counterparty networks, and the ability to trade profitably across PMS, AGO, DPK, ATK, LPG, and other downstream products in a volatile regulatory and FX environment. DUTIES & RESPONSIBILITIES: Trading, Origination & P&L Delivery: Originate and execute profitable physical and spot trades for PMS, AGO, DPK, ATK, LPG, and other downstream products. Own and manage a trading book to deliver budgeted gross margin and volume targets, while optimizing inventory, working capital, and demurrage. Identify arbitrage, import/export, and regional cross-border opportunities using market, FX, and regulatory insights. Supply Sourcing & Sales Execution: Negotiate and secure terms and spot supply with refiners, NNPC Ltd, international trading houses, depots, and accredited suppliers. Develop and retain a high-quality portfolio of buyers, off-takers, marketers, industrial customers, and commercial partners to ensure consistent offtake. Structure competitive pricing, payment, and delivery terms aligned to company margin objectives and market realities. Logistics, Operations & Transaction Management Coordinate end-to-end transaction execution with Operations, Logistics, Finance, Risk, and Legal: from cargo/vessel/truck scheduling to documentation, lifting, storage, and settlement. Oversee product specifications, stock reconciliation, cargo documentation, and delivery follow-up to ensure zero-loss transactions. Risk, Compliance & Governance: Monitor and manage commodity price risk, FX exposure, counterparty credit risk, and logistics risk within approved trading mandates. Ensure 100% compliance with NMDRA, NUPRC, CBN, EFCC, KYC/AML, INCOTERMS, and Stockgap’s internal trading, credit, and control policies. Market Intelligence & Commercial Strategy: Provide daily/weekly market analysis on local and international product prices, benchmarks, supply-demand trends, FX movements, and regulatory shifts. Contribute to trading strategy development to improve profitability, market share, supply reliability, and customer retention. Prepare and present accurate trading reports on volumes, margins, open positions, and transaction performance to Senior Management. KEY PERFORMANCE INDICATORS P&L & Margin: Gross trading margin and profitability per transaction vs. target. Volume: Trading volume and offtake achieved against annual/quarterly targets. Network Quality: Number and quality of active suppliers, buyers, and off takers developed. Risk & Compliance: Zero breaches of credit limits, trading mandates, or regulatory requirements. Operational Efficiency: Demurrage cost, stock reconciliation accuracy, and transaction closure timelines. Qualifications & Experience: Education: Bachelor’s degree or HND in Business Administration, Economics, Finance, Accounting, Engineering, Energy Management, Supply Chain, or related discipline. MBA, CFA, or CISI certification is an advantage. Experience: Minimum of 7–10 years’ proven experience: in refined petroleum products trading, supply, or commercial operations within Nigeria or West Africa. Technical Knowledge: Strong understanding of product pricing, depot operations, importation processes, vessel chartering, cargo documentation, INCOTERMS, trade finance, and downstream distribution. Market Exposure: Established relationships with marketers, depots, major distributors, industrial buyers, international suppliers, or trading houses. Core Competencies & Skills: Commercial Acumen: Proven ability to identify, structure, and close profitable trades under pressure. Negotiation & Influence: Excellent negotiation, networking, and stakeholder management skills. Analytical Rigor: Strong ability to interpret price curves, supply-demand data, and risk indicators to make timely decisions. Risk Discipline: Sound judgment on credit exposure, margin protection, and transaction controls. Communication: Clear reporting, presentation, and internal/external stakeholder engagement skills. Systems Proficiency: Advanced Excel, ERP systems, and trading/market platforms [e.g., Bloomberg, Reuters, ETRM]. Working Relationships: Internal: Commercial, Operations, Logistics, Finance, Risk Management, Legal, Compliance, and Senior Management. External: Suppliers, customers, brokers, depot operators, transporters, vessel owners, banks, and regulators. Values & Behaviours: High level of integrity, accountability, confidentiality, and attention to detail. Expected to model Stockgap’s values of safety, compliance, commercial excellence, and partnership. Check how your CV aligns with this job Method of Application Interested and qualified? 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