Lead Trader
Lead
Your tasks
- Develop and implement trading strategies to maximise profitability while managing market and financial risks.
- Monitor financial markets, price movements, economic indicators, and industry trends to identify profitable trading opportunities.
- Execute and oversee trading activities in accordance with approved strategies, risk limits, and company policies.
- Lead and supervise a team of traders, providing guidance, training, and performance feedback.
- Analyse market data, trading patterns, and financial reports to support informed trading decisions.
- Manage trading portfolios and ensure positions align with investment objectives and risk tolerance.
- Establish and monitor trading limits, stop-loss levels, and risk management procedures.
- Build and maintain relationships with brokers, financial institutions, counterparties, and other market participants.
- Evaluate trading performance and identify opportunities to improve returns and operational efficiency.
Requirements
- Bachelor's degree in Economics, Business Administration, Finance, or a related discipline.
- 7–10 years of relevant oil and gas trading experience within Nigeria.
- Demonstrable experience in physical commodity deal origination, commercial negotiations, and business development.
- An established and credible network of Nigerian trading counterparties, suppliers, and customers.
- Working knowledge of Nigerian oil and gas market structures and applicable regulatory requirements.
- Understanding of commodity pricing, trading margins, hedging fundamentals, and arbitrage principles.
- Strong commercial judgement, negotiation, analytical, and relationship-management skills.
- Experience supervising trading personnel or coordinating a trading desk.
- Relevant certifications in oil trading fundamentals, Incoterms, shipping, petroleum freight markets, or related disciplines are advantageous.
What we offer
- Annual performance bonus
Other
Remuneration: NGN 2,000,000