Trading Operations Manager (LNG)

ADNOC Group, Abu Dhabi, United Arab Emirates (On-site)

JOB DETAILS
Company:ADNOC Trading
Job Title:Manager, Trading Operations
Location:Abu Dhabi 
ORGANIZATIONAL STRUCTURE
Division:Shipping and Trading Operations
Department:Trading Operations
Unit/SectionSpecific Product Portfolio
Reports toTrading Operations Department Manager
DUTIES AND RESPONSIBILITIES
Focus on transport economics, min/max load balances, and inventory optimization, by using analytical models and tools
Organize, manage, track, and balance physical product movements based on the supply and demand plan
Ensure that all obligations arising from the contract and charter party are executed flawlessly, in compliance with governmental and industrial regulations as well as the company’s guidelines
Assess the risks pertaining to the execution and mitigate them in coordination with the involved parties
Optimize deal execution within deal limits, in terms of both cost minimization and margin maximization
Daily external interface with contractual counterparties, terminal operators, vessel owners or brokers, and contracted vendors such as cargo surveyors or port agents
Manage cargo operations, including off-spec issues, cargo readiness, scheduling, load and discharge, STS transfers, blending, and volume and date-range optimization
Daily internal interface with cargo and freight traders, shipping and maritime, manufacturing, product optimizers, claims, contracts, demurrage, legal, and trade finance
Manage product quality parameters and specifications to both ensure compliance with contractual terms and maximize profitability
Ensure that any necessary financial security is in place prior to the transfer of title to customers
Appoint independent cargo surveyors, expeditors, ship-to-ship service providers, and ship agents
Schedule and manage the movement of refined products, and components that involve different complexities
Appoint independent inspectors and expeditors and be able to investigate matters relating to product quality
Handle complex loadings and blending of products in line with trader’s requirements, internal processes, and blending facilities availability
Ensure that all operational data is updated into trading systems in a timely and accurate manner, facilitating up-to-date and accurate information flow
Ensure that all necessary operational information is passed on time and that documentary requirements are met
Deal with contractual problems, ensuring that they are managed professionally and optimally for the trading business
Support post-deal activities like settlements, customs clearance, demurrage, claims, etc.
Keep adequate records to meet the company’s legal and fiscal obligations, as well as make any required regulatory filings (Customs, etc.)
Be responsible for daily updating and monthly reconciling of inventory at terminals and adhering to end-of-month processes
Provide guidance for necessary cargo invoicing work, diversion payments, and clearances of accruals
Generate Inventory, forecast, and schedule reports
Provide backup coverage to other team members as outlined by line manager for coverage planning
Manage a solid networking foundation amongst key internal and external contacts, including but not limited to suppliers, customers, and logistical service providers
Provide backup coverage to other team members as outlined by the line manager for coverage planning
Adhere to the company’s rules, regulations, procedures, and policies at all times
Carry out any other reasonable and lawful request directed by the Management
Maintain and ensure confidentiality at all times
Represent the company in a positive and professional manner
Provide backup coverage to other team members as outlined by the line manager for coverage planning
JOB SPECIFICATIONS (KNOWLEDGE, SKILLS, ABILITIES, BEHAVIORS)
Education
Bachelor’s degree in Business, Commercial, Logistics, Economics, or a related fieldBachelor’s degree in Business, Commercial, Logistics, Economics or a related field
Experience
6+ years in commodities trading business3+ years in trading operations within the same product portfolio, preferably with experience in the same role
Knowledge
Comprehensive Supply Chain (Products, Logistics, and Processing) Advanced in Legal and Contracts (Law, IncotermsTax, andx, Regulation)
Advanced in Finance (Credit, Cost Control, Treasury)Practical in Trading
Abilities
Proactive planning & organizingAnalytical
Attention to detailsCustomer focus
NegotiationTeamwork
Communication (oral and written)Collaboration
Work under pressureManage multiple priorities
Problem solving 
WORKING CONDITIONS
Physical EffortMinimal
Work EnvironmentOffice
Working scheduleAs per the company’s policy
JOB PURPOSE
Manager Trading Operations is responsible for all commercial, logistical, and administrative support for specific product portfolio marketing activity, to ensure that all obligations arising from the contract and charter party are met and carried out professionally. The job holder is expected to defend the P&L and look out for opportunities to maximize margins through effective planning and asset utilization, preventing unnecessary downtime/demurrage or improving blend margins.
DISCLAIMER
The purpose, duties, responsibilities, accountabilities, experience, qualifications, skills, competencies, abilities, requirements, and conditions set out in this job description are intended to describe the general nature and level of work being performed by the employee assigned to this job and are not exhaustive of the tasks the employee may be required to perform. The employer reserves the right to revise this job description at any time and requires employees to perform other tasks as circumstances or conditions of its business, competitive considerations, or work environment change.

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