Trading Head

Job Description : Head of Crude Oil Trading Location: Nigeria Experience: 20+ years in oil trading with a strong focus on crude oil Job Summary: We are seeking an experienced, strategic, and results-driven Head of Crude Oil Trading to lead and expand our global crude oil trading operations. This executive role is critical to driving profitability, risk management, and sustainable growth. The successful candidate will be accountable for developing and executing market strategies across physical and derivative crude oil markets while leading a high-performing team of traders and analysts. The ideal candidate possesses a deep understanding of global crude oil flows, strong commercial acumen, and a demonstrable track record of value creation in both volatile and stable market conditions. You must also bring a robust global network of industry contacts, including producers, refiners, financial institutions, and national oil companies (NOCs), and have extensive experience navigating complex regulatory and geopolitical environments. Key Responsibilities: Strategic Leadership: Develop and execute the global crude oil trading strategy aligned with corporate objectives, focusing on profitability, growth, and market positioning. Team Leadership: Lead, mentor, and develop a high-performing team of traders, analysts, and logistics professionals. Foster a culture of performance, integrity, collaboration, and continuous improvement. Market Intelligence & Analysis: Monitor global crude oil market trends, fundamentals, geopolitical developments, and macroeconomic indicators to identify trading opportunities and manage risks. Trading Execution & Optimization: Oversee both physical and paper (derivatives) crude oil trading activities, ensuring optimization of trading books and P&L performance. Risk & Compliance Oversight: Ensure all trading operations are conducted within the framework of internal risk policies, regulatory requirements, and ethical standards. Liaise closely with risk management and compliance functions. Relationship Management: Maintain and expand a strong network of relationships across the crude oil value chain, including suppliers, buyers, brokers, shipping companies, and governmental entities. P&L Ownership: Full accountability for the trading desk's performance, including margin optimization, exposure management, and cost control. Operational Synergy: Collaborate with other commercial teams, finance, operations, legal, and IT to ensure smooth trade execution, accurate reporting, and strategic alignment across the organization.

---

Back