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Trader, Crude Oil
2 weeks ago
**Job Type**:
Regular
Plains Midstream Canada (PMC) is an industry-leading transportation and midstream provider specializing in transportation, storage, processing and marketing solutions for crude oil and natural gas liquids (NGLs). PMC also operates strategically-located facilities for crude oil and NGL storage, separates NGL from natural gas and fractionates NGL into pure liquid petroleum gas (LPG) products, including propane and butane.
Fueled by our strong leadership team and a dedicated employee base, combined with our expertise in marketing, logistics and our asset base, PMC is well-positioned to provide our customers with flexible, value-added services now and in the future.
Our Commercial team is a talented group of professionals who are focused on Bigger Opportunities, Bolder Moves and Broader Perspectives
**Responsibilities**:
- Market Analysis: Conduct in-depth research and analysis of global crude oil markets, staying informed about market trends, geopolitical developments, and economic indicators.
- Trading Strategies: Develop and implement effective trading strategies to maximize profitability while managing risk exposure.
- Relationship Building: Build and maintain strong relationships with suppliers, clients, and other market participants to enhance trading opportunities and negotiate favorable deals.
- Risk Management: Monitor and manage trading positions, ensuring compliance with risk management policies and procedures.
- Decision Making: Make informed and timely decisions based on market intelligence, economic factors, and risk assessments.
- Contract Negotiation: Negotiate and execute crude oil purchase and sale contracts, ensuring terms and conditions are favorable to the company.
- Reporting: Prepare and present regular reports on trading activities, market trends, and performance metrics to management.
**Qualifications**:
- Bachelor Degree in Commerce, Economics or Management with 5+ years Commodity Trading related experience;
- Highly motivated with well-developed analytical, communication, and negotiation skills;
- Goal oriented and able to contribute as a team player;
- Strong business acumen with an interest in the Oil & Gas industry;
- Previous experience in preparing and delivering trade ideas for internal stakeholders; and
- Enjoys working with multiple priorities and tasks in a fast paced environment.
- Cleared criminal history (background) and satisfactory reference checks.
Our employees drive our success. At Plains, hard work is rewarded with competitive compensation and a top-tier benefits program designed to keep you safe, healthy and happy. We work hard to deliver exceptional results to our stakeholders while also respecting our employees’ need for personal and family time, which is reflected in our great benefits program. As part of our goal to be an employer of choice, Plains is also committed to doing business in a sustainable and responsible manner. To learn more about our Sustainability and ESG (environmental, social and governance) initiatives, visit our dedicated Sustainability page
All applicants not chosen for an interview shall have all personal information permanently deleted or disposed of with the exception of their resume, which will be kept on file in the event that another suitable position becomes available.