Hedging Specialist

Develop and implement hedging strategies using paper instruments to mitigate price risks associated with physical inventories, purchases, and sales of oil and petroleum products, including basis hedging, calendar spreads, and EFP trades. Interact with banks and financial organizations on hedging-related matters; Monitor global oil and petroleum markets, tracking benchmarks, supply and demand ratios, geopolitical events, and economic indicators; apply data analytics and quantitative tools to forecast prices and identify hedging opportunities. Maintain a detailed information register broken down by foreign economic contracts; Ensure the execution of derivative financial instrument buy/sell transactions on behalf of the company/clients, adhering to trading limits, risk parameters, and compliance rules; manage trade confirmations, verbal confirmations, and broker messages regarding paper and related physical trades. Formulate periodic consolidated cash flow forecasts for the group of companies; Manage risks related to price volatility, basis risk, counterparty risk, and other factors; implement stop-loss mechanisms, monitor hedging effectiveness (including hedge accounting), and dynamically adjust positions in response to market changes; Collaborate with internal teams (physical traders, operations, logistics, finance) and external partners (brokers, counterparties) to align hedging with physical oil and petroleum product flows and provide risk mitigation advisory; Make decisions on cargo pricing by analyzing market data, hedging impact, forward curves, and optimal pricing structures.

Requirements

Higher education in finance, economics, or mathematics; Fluent English; Bloomberg/Reuters, treasury management systems (TMS), advanced level of financial modeling in Excel; more than 5-8 years in corporate treasury, risk management, or a trading environment; knowledge of derivatives market instruments and functioning mechanisms; knowledge of currency risk hedging instruments; knowledge of the specifics of the oil refining industry in the RF and the world; good gatekeeping skills

Higher education — specialist degree, master's degree; Experience: 6 years