Oando Nigeria Plc Latest Jobs in Nigeria: Recruitment for Massive Job Positions

THE ORGANIZATION:

Oando Nigeria Plc, is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

POST TITLE:   Barge Master

DEPARTMENT: Rig Operations

JOB SUMMARY:

• Ensure that all marine aspects of the rig’s operations are carried out in accordance to statutory and regulatory controls and guidelines,
• Supervise the operation of the marine department to ensure the safe and efficient running of the rig.

JOB DUTIES & RESPONSIBILITIES:

Operations/Maintenance:

• Monitor the weather conditions and rig motions – advise OIM on conditions likely to affect drilling operations and seaworthiness of the rig. Authority I
• Ensure that accurate calculation of load distribution and weights for daily stability reports are maintained. Authority I
• Coordinate all helicopter and supply boats traffic supervise movement of materials and personnel to and from the rig. Authority I
• Ensure all navigation equipment is properly maintained and ready for use at all times. Authority I 
• Monitor quantities of expendables such as fuel, potable water, drill water e.t.c. Authority I
• Ensure that cranes are in safe working condition. Authority I
• Ensure all safety equipment, including lifeboats and fire-fighting equipment is maintained in a state of operational readiness at all times. Authority I
• Actively participate in the daily operations meeting with the OIM and other rig department heads. Authority I
• Operate and maintain the bulk system as required. Authority II
• Supervise tests on fire fighting equipment, obstacle lighting and audible signals. Authority II
• Ensure all lifting gears are inspected and certified, correctly color coded, maintained, and stowed properly. Authority II
• Prepare and supervise rig move plans, anchor patterns, and associated mobilization preparations.Authority II
• For jack up rigs, prepare the pre-load calculations and carry out jacking operations taking note of weather and sea conditions. Authority II
• Ensure that daily marine logs are accurate and completed. Forward copies of these reports to the shore-base office. Authority II
• Ensure that all Flag State, Classification Society, statutory regulation, and minimum manning requirements are complied with. Authority II
• Coordinate and supervise periodic inspections of the rig’s structure, including hull compartments and critical joints. Authority II
• Assist in the effective management of the Preventive Maintenance System and ensure all records are properly maintained. Authority II
• Supervise the operation and maintenance of pollution control system. Authority II.

QHSE:

• Prepare Job Safety Analysis for hazardous marine operations. Authority I
• Ensure that the Company QHSE policies and other programs are communicated to and understood by all rig personnel. Authority I
• Play an active part in the weekly meetings, Quality Improvement Plan program, and all other Company safety management systems. Authority I
• Review, understand and become familiar with the rig’s safety case. Authority I
• Ensure new arrivals receive a full safety briefing and induction on the rig. Authority I
• Ensure a high standard of hygiene and housekeeping is maintained onboard the rig. Authority I
• Coordinate weekly emergency drills along with monitoring and evaluating the deck crew responses. Authority II
• Perform assigned duties during emergency situations and emergency protection responses as designated on the station bill. Authority II

Personnel:

• Meets the training requirements as per the applicable training matrix Authority I
• Mentor, develop and train crew members to ensure they are competent to work at their next job level. Authority II
• Ensure proper and relevant communication with all personnel. Authority I
• Conduct on the job (OJT) training for subordinates. Authority I
• Maintain discipline onboard and ensure compliance with Company and regulatory disciplinary procedures. Authority I
• Ensure all marine department personnel receive annual performance appraisal. Recommend promotion or disciplinary action up to and including discharge. Authority I

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• High school diploma or equivalent,
• Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education,
• Knowledge of all technical calculations required for the safe operation of the marine aspect of the drilling unit,
• Basic computer skills,
• Valid medical examination and vaccination certificates.

POST TITLE:   Toolpusher

DEPARTMENT: Rig Operations

JOB SUMMARY:

• Supervise the drilling operations and associated activities and ensure it is in accordance with the well program,
• Ensure drilling operations are carried out in a safe, efficient and productive manner.

JOB RESPONSIBILITIES: 

EHSQ Management:

• Ensure subordinates understand and apply guidelines of the Company QHSE manual and rig specific procedures.Authority I,
• Inform the Senior Toolpusher or OIM of any incidents, potential hazards or abnormal situations. Authority I,
• Actively participate in the weekly meetings, Quality Improvement Plan program, and all other Company safety management systems. Authority I,
• Ensure that kick drills are carried out regularly and recorded. Authority I,
• Ensure a high standard of hygiene and housekeeping is maintained onboard the rig. Authority I,

People Development:

• Meets the training requirements as per the applicable training matrix Authority I
• Mentor, develop and train crew members to ensure they are competent to work at their next job level.Authority II
• Provide leadership and motivation to rig personnel. Authority I
• Ensure all subordinates receive an annual performance appraisal.
• Recommend promotion or disciplinary action up to and including discharge.Authority I
• Assist in training to ensure all personnel are competent to perform their allocated job. Authority I
• Make recommendations for promotions. Authority II,

JOB DUTIES & RESPONSIBILITIES:

Operations/Maintenance:

• Ensure pre-job meeting is carried out for all non-routine drilling operations.Authority I
• Ensure the Driller is informed on an ongoing basis as to the well program objectives and communicate any changes in plans. Authority I
• Monitor the maintenance, repair and installation of all drilling equipment including repair, lubrication, maintenance records, and inventory levels. Authority I
• Maintain records of inspections and certification of drilling equipment, tools and tubular.Authority I
• Ensure the mud mixing systems and solid control equipment are being monitored constantly and properly maintainedAuthority I
• Relieve the Driller at the Driller’s console as operational requirement demands.Authority I
• Partake in the daily operations meeting with the OIM, Senior Toolpusher and other rig department heads. Authority I
• Monitor the application of the Company Preventative Maintenance System program within the drilling department.Authority I
• Review and approve all drilling related work permits. Authority II
• Supervise equipment preparation for impending drilling operations. Authority II
• Assist in planning the job activities of the drilling department and associated activities. Authority II
• Ensure that well control requirements are in place according to operational requirements - assist in supervising well killing operations in an emergency situation.Authority II
• Perform all well control calculations (i.e. mud weight increase, initial and final circulating pressures, number of strokes, et cetera).Authority II
• Assist the Senior Toolpusher or OIM in coordinating the activities of third party personnel responsible for various aspects of the well program.Authority II
• Review the daily drilling operations report for accuracy and approve accordingly.Authority II
• Prepare Requisition Purchase Orders for equipment or parts necessary to keep the drilling operation free of downtime. Assist in ensuring sufficient stock of parts and materials are maintained Authority II
• Assist in the planning, organisation and supervision of rig move operations Authority II
• Maintain proper communication with the Senior Toolpusher and OIM regarding the progress of drilling and associated operations. Authority II
• Recommend adjustments to drilling parameters as necessary so as to improve the overall drilling operation’s performance Authority III
• Promote and maintain an effective working relationship with other departments, third party personnel and Client Representatives.

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• High school diploma or equivalent. Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education.
• Knowledge of all technical calculations required for the safe operation of the drilling.
• Basic computer skills.
• Valid medical and vaccination certificate.

POST TITLE:   Rig Safety Officer

DEPARTMENT: Rig Operations

  

JOB SUMMARY:

• Support the HSE welfare of the rig by being highly visible on deck for the majority of the Day.

JOB RESPONSIBILITIES:

EHSQ Management:

• Observe operations on a daily basis.Advise and actively assist personnel on safe working practices.Authority I
• Monitor all critical operations (routine and non-routine). Act, correct, communicate and educate where required.Authority I
• Promotes and participate in the Company THINK, START and FOCUS processes.Authority I
• Promotes awareness, education and use of COLORS and Company pyramid.Authority I
• Promotes 100% compliance, 100% of the time by all personnel onboard with Company HS&E Management System.
• Observe onboard operations on a daily basis. Advise personnel on safe working practices. Be available to monitor critical operations.Authority II
• Advises on the Permit To Work System, Risk Assessment and Risk Management.Authority II
• Assists supervisors with the planning and development of HS&E Meeting Authority I
• Participates in daily meetings with the OIM, Department Heads and Client Representative
• Authority II
• Monitors compliance of HS&E orientation and induction for all personnel Authority II
• Monitors helicopter operations on a random basis for compliance Authority II
• Assists with emergency drill planning and drill debriefs Authority II
• Carries out noise assessments and make abatement recommendations Authority II
• Monitors housekeeping in all areas Authority II
• Assist in monitoring the use and control of hazardous material in line with Company policy and local regulation Authority I
• Assist the OIM in incident investigation Authority II
• Assists the OIM and Departmental Supervisor’s with monitoring improvement opportunities and corrective actions required by internal and external HS&E audits Authority II
• Communicate all HS&E & Training matters of significance to the Supervisors, OIM and HS&E & Training Department Authority II
• Assists the OIM in the setting up and running of the HS&E Steering Committee. Is part of the HS&E Steering Committee. Authority II
• Coordinates and administers the Company HS&E & Training management systems onboard. Assists, recommends and advises the OIM, Department Supervisor’s and Crews on
• HS&E and Training matters. Provides the vital link between the HS&E & Training organizations onshore and the offshore workforce. Implements the instructions of the
• HS&E Advisor and HS&E Manager in the offshore environment. Is proactive in all matters concerning the safety and welfare of all personnel onboard.

People Development:

• Meets the training requirements as per the applicable training matrix Authority I

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• High school diploma or equivalent,
• Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education,
• Preferably three years experience working on Company installation,
• Consideration may be given to candidates with three years of HS&E experience in associated industries,
• Proficiency in written and spoken English and communicate effectively with non-English and English speaking crews on issues related to QHSE,
• Valid medical examination and vaccination certificates,
• Basic computer skills.

POST TITLE:   Offshore Installation Manager

DEPARTMENT: Rig Operations

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• High school diploma or equivalent. 
• Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education.
• Valid medical examination and vaccination certificates.
• Knowledge of all technical calculations required for the safe operation of the drilling unit basic computer skills.

BASIC FUNCTION:

• Manage the manpower and resources of the rig to achieve optimum performance so as to ensure the well program is carried out in a safe, efficient and productive manner.
• Promote and ensure that all Company Policies and Procedures are communicated and understood by personnel on the rig.

JOB DUTIES & RESPONSIBILITIES:

Operations/Maintenance:

• Manage the planning and efficient execution of the drilling program in coordination with Client Representative and rig department heads. Authority I
• Hold daily operations meeting with Client Representative and rig department heads. Authority I
• Ensure pre-job meeting is carried out for hazardous situations and non-routine operations. Authority I
• Monitor all onboard equipment and systems usage, supervise testing and inspection of critical equipment and systems, and ensure operational parameters and limits are observed. Authority I
• Monitor the application of the Company Preventative Maintenance System program. Ensures equipment and systems are operational by setting priorities on equipment repairs. Authority I
• Organize and supervise the activities of drilling, marine and maintenance departments and ensure rig specific procedures are understood and observed by all personnel onboard. Authority I
• Responsible, along with Client Representative, for all third party services on the rig. Authority I
• Promote and maintain a good working relationship with Client Representatives, department heads, and third party personnel. Authority I
• Ensures rig complies with Flag State and certifying Regulatory Bodies Authority I
• Maintain daily communication with the Rig Manager on all relevant activities regarding the rig’s operation and needs. Authority I
• Plan operations with the Marine department as related to rig moves, mooring, station keeping and stability. Ensure guidelines of the rig's Marine Operations Manual are understood and followed. Authority II

Financial:

• Develop and submit a consolidated rig’s annual maintenance budget for approval, and responsible for managing compliance on an annual basis. Authority I
• Review all rig generated requisitions.  Authority I
• Manages warehouse inventory level to comply with targets. Authority I

EHSQ:

• Ensure that the Company EHSQ policies and other programs are communicated to and understood by all rig personnel. Authority I
• In line with the contractual and legal authority as the Man-in-charge, ensure to stop all operations on the rig including marine and well operations that will jeopardize the safety of personnel and the rig. Authority I
• Play an active part in the weekly meetings, Quality Improvement Plan program, and all other Company safety management systems. Authority I
• Ensure new arrivals receive a full safety briefing and induction on the rig. Authority I
• Ensure that drills and exercises involving the use of all types of lifesaving, fire fighting and other safety equipment are conducted regularly in line with contractual requirements and our EHSQ manual. Authority I 
• Ensure a high standard of hygiene and housekeeping is maintained onboard the rig. Authority I
• Ensure the Emergency Response Plan is in place for the rig and understood by all personnel on the rig. Authority I

Personnel:

• Meets the training requirements as per the applicable training matrix Authority I
• Mentor, develop and train crew members to ensure they are competent to work at their next job level. Authority II
• Ensure proper and relevant communication with all onboard personnel. Authority I
• Ensure all employees on the rig receive an annual performance appraisal. Recommend promotion or disciplinary action up to and including discharge. Authority I
• Manage the rig’s training program to ensure all personnel are competent to perform their allocated job. Authority I
• Make recommendations for transfers and promotions. Authority I
• Ensure that all erring rig-based employees receive timely and documented performance notification memo, query or verbal warning. Recommend disciplinary action up to and including discharge. Authority I.

POST TITLE:   Chief Mechanic

DEPARTMENT: Rig Operations

JOB SUMMARY:

• Maintain and repair mechanical, pneumatic and hydraulic equipment onboard the rig.

JOB DUTIES & RESPONSIBILITIES:

EHSQ Management:

• Demonstrate commitment to Company safety policies through leadership and guidance.Authority I
• Ensure regulatory requirements for environmental protection are complied with.Authority I
• Actively participate in weekly safety meetings and pre job meetings as required.Authority I
• Report any incidents, potential hazards or abnormal situations to supervisor and other department heads. Authority I
• Assist in preparing Job Safety Analysis for hazardous situations. Authority II
• Ensure a high standard of hygiene and housekeeping is maintained onboard the rig.Authority I
• Assist in reviewing and updating the current safety case in consultation with rig and shore-based management.Authority III.

People Development:

• Meets the training requirements as per the applicable training matrix Authority I
• Mentor, develop and train crew members to ensure they are competent to work at their next job level.Authority II
• Ensure that all subordinates have the necessary skills and experience to fulfil their assigned tasks in a safe and efficient manner.Authority I
• Prepare annual performance appraisal for all subordinates. Recommend promotions or disciplinary action up to and including discharge.Authority I
• Supervise and guide crew members in their On the Job Training (OJT) program.Authority I
• Maintain discipline onboard and ensure compliance with Company disciplinary procedures. Authority II

Operations/Maintenance:

• Perform daily inspections and maintenance on mechanical equipment. Authority I
• Organize and promote the Preventive Maintenance System (PMS). Authority I
• Carry out periodic maintenance according to the PMS guidelines and coordinate same with supervisors and other department heads.Authority II
• Maintain and repair power plants and monitor power distribution – ensure power is available at all times.Authority I
• Operate, maintain and repair as necessary the engine cooling water system, lube oil system, and fuel system.Authority I
• Troubleshoot and repair faulty mechanical, pneumatic and hydraulic drilling equipment and tools. Authority II
• Assist in maintaining marine equipment, i.e. cranes, thrusters, ballast pumps and valves, auxiliary equipment, et cetera.Authority II
• Ensure the permit to work and isolation systems is followed. Authority I
• Implement the follow up requirements to audits, as issued by Clients,
• Regulatory Authorities or rig management.Authority II
• Assist in ensuring that all third party equipment is fit for purpose,certified, correctly installed, and maintained while on the rig.Authority II
• Maintain an adequate supply of spares in order to fulfil maintenance requirements and facilitate a safe and efficient operation.Authority I
• Supply information to assist in the development of a maintenance and repair budget.Authority II
• Ensure that service, maintenance and other operational reports are accurate and complete.Authority I
• Liaise with the marine department regarding the loading, ordering and use Authority II.

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• High school diploma or equivalent. Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education.
• Valid medical examination and vaccination certificates.
• Knowledge of technical calculations required for safe operation of the drilling unit and basic computer skills.

POST TITLE:   Chief Electrician

DEPARTMENT: Rig Operations

JOB SUMMARY:

• Responsible for the installation, maintenance and repair of all electrical equipment onboard the rig.

JOB DUTIES & RESPONSIBILITIES:

EHSQ Management:

• Demonstrate commitment to Company safety policies through leadership and guidance. Authority I
• Actively participate in weekly safety meetings and pre job meetings as required.Authority I
• Report any incidents, potential hazards or abnormal situations to the Electrical Supervisor or Maintenance Supervisor/Chief Engineer and other department heads. Authority I
• Prepare Job Safety Analysis for hazardous situations. Authority II
• Ensure a high standard of hygiene and housekeeping is maintained onboard the rig.Authority I
• Assist in reviewing and updating the current safety case in consultation with rig and shore-based management

People Development:

• Meets the training requirements as per the applicable training matrix Authority I
• Mentor, develop and train crew members to ensure they are competent to work at their next job level. Authority II
• Ensure that all subordinates have the necessary skills and experience to fulfil their assigned tasks in a safe and efficient manner.Authority I
• Prepare annual performance appraisal for all subordinates. Recommend promotions or disciplinary action up to and including discharge.Authority I
• Supervise and guide crew members in their On the Job Training (OJT) program.Authority I
• Maintain discipline onboard and ensure compliance with Company disciplinary procedures

Operations/Maintenance:

• Ensure daily inspections and maintenance on electrical equipment are carried out. Authority I
• Ensure that the permit to work system is in place and followed. Authority I
• Participate in the effective management of the Preventive Maintenance System (PMS) – ensure all records are maintained on a timely basis.Authority I
• Carry out periodic maintenance according to the PMS guidelines and coordinate same with supervisor and other department heads.Authority II
• Operate, maintain and repair power generation and distribution equipment, i.e. generators and engine controls, SCRs, switchgears, transformers, et cetera.Authority II
• Maintenance and repair general rig equipment such as HVAC system,refrigeration plants, power and communication systems, lighting, etcetera.Authority I
• Carry out maintenance and repair on electrical components of drilling equipment, i.e. Driller’s console, DC drilling motors and auxiliaries, Top Drive System, drawworks, mud pumps, et cetera.Authority II
• Carry out maintenance and repair on electrical components of marine equipment, i.e. thruster motors and auxiliaries, ballast pumps, control panels, cranes, et cetera. Authority II
• Perform and interpret power calculations, power factor, insulation tests, and positive relay tests as required. Authority I,
• Study and understand electrical schematics and logic diagrams as required.Authority I.

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• Electrical Engineering degree or High school diploma. 
• Work experience and demonstrated ability of oral and written communications may be substituted in lieu of formal education.
• Valid medical examination and vaccination certificates.
• Knowledge of all technical calculations required for electrical operation of the drilling unit and basic computer skills.

POST TITLE:   Senior Toolpusher

DEPARTMENT: Rig Operations

  

JOB SUMMARY:

• A focal point in all efforts to optimize safe operational performance of the rig through continuous improvement,
• Direct liaison with the Client representatives on all issues related in ensuring that the objectives of the well are being met,
• Assist in supervising the drilling operations and associated activities,
• Assist in optimizing the planning of the well construction steps,
• Meet and exceed KSM’s.

JOB DUTIES & RESPONSIBILITIES:

EHSQ Management:

• Actively participate at Pre-tour meetings, THINK Drills and risk assessments. Authority I
• Help and encourage the crews with safe working practices. Authority I
• Monitor adherence to established procedures and evaluate the Authority II

People Development:

• Mentor, develop and train Drillers and Assistant Drillers to ensure they are competent to work at their current job level.  Authority II
• Provide leadership and motivation to rig personnel in the OIM’s absence. Authority II
• Assist in training to ensure all drilling personnel are competent to perform their allocated job. Authority II.

Operations:

• Proactive in planning, communicating and anticipating the Client’s needs. Authority I
• This to include planning for the next 24 to 72 hours, and to assist in ensuring current operations are run as efficiently and safely as possible.
• Assist in ensuring that the working relationship with the Client is conducive to high operational & safety performance. Authority I
• Where necessary review the drilling program at the earliest opportunity for Authority I
• Completeness and suggest improvements. This will bring detailed practical rig knowledge to the well planning and critical to ensure all equipment and tools are available and ready when needed.
• As required attend onshore client meetings, including pre-spud meetings to Authority II
• Input practical rig knowledge into the well planning process.
• To actively participate in daily meetings with the crews at Authority I
• The start of each shift to review operations for the next 24 to 72 hours with reference to rig target time and implementation of previous lessons learnt and opportunities. Authority I
• Ensure that the crews are aware of where they are against the plan, e.g. depth vs. time graphs, tripping speeds et cetera. This does not mean that the Performance Toolpusher is responsible for the generation of the depth vs. time curves, KSM’s et cetera. Authority I
• To be a focal point for, and encourage, any suggestions or idea’s to Authority I
• Enhance the safety and drilling performance. This can be during pre tour,meetings, safety meetings et cetera. Authority I
• To assist with the implementation of any “lessons learnt” that are of Authority II
• Benefit and ensure that feed back is given to the individual crewmembers who have raised lessons and suggestions. Ensure lessons learnt are shared with the Client and Rig Supervisors. Authority I
• To be at the worksite at all relevant times, assisting and overseeing critical operations. Authority I
• Plan and supervise equipment preparation for impending drilling operations. Authority I
• Keep the OIM informed of all events and occurrences likely to cause a deviation from the operational schedule.  Authority I
• Recommend adjustments to drilling parameters as necessary so as to improve performance. Authority II
• Train the Drillers and Assistant Drillers on the input for the GRS drilling report. Authority II
• Prepare brief reports to capture improvements, lessons learnt et cetera and on pass to both Client and Crews. Authority I

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• Sound knowledge of the well planning processes.
• Sound knowledge of drilling practices and equipment.
• Ability to challenge existing well construction methods & provide innovative solutions to reduce well
• construction costs and Key Service Measures (KSM’s).
• Ability to engage all of the crew and 3rd party service company personnel to assist in reducing well construction costs and KSM’s.
• Extensive knowledge and use of Global Reporting System (GRS).
• Ability to provide strong leadership.
• Excellent communication skills.
• Knowledge of all technical calculations required for the safe operation of the drilling unit.
• Valid Well Control certificate, and other Safety Training courses (regulatory and non regulatory).
• Valid medical examination and vaccination certificates.

POST TITLE:   Personal Assistant to the M.D/CEO

DEPARTMENT: Admin

  

JOB SUMMARY:

• The Personal Assistant to the M.D/CEO is the principal officer responsible for the daily operation of the office of the Managing Director, providing comprehensive, efficient and confidential administrative support to the Chief Executive officer.

  JOB DUTIES & RESPONSIBILITIES:

• Maintains comprehensive calendar including scheduling of appointments, travels, meeting and conferences for and on behalf of the Managing Director,
• Handles all incoming and outgoing correspondence, prioritize in terms of urgency and redirect as necessary,
• Co-ordinates meetings including preparation of agenda, taking minutes, circulating minutes prepared and follow up on action points agreed at the meetings,
• Undertakes research and special projects as and when requested by the Managing Director.
• Maintains and updates information and data system as necessary within the Managing Directors office including hard copy files system and electronic files,
• Manages the travel Itinerary of the Managing Director as regards booking of flight tickets, booking of hotel accommodation and preparation of allowances,
• Attends to all staff needs /requests and channel them to the appropriate services officers within the Group Office.
• Processes maintenance requests of entire staff of the unit as the needs arise.
• Manage the entire office by ensuring that the relevant personnel keeps every part including work tables, meeting room and the lounge clean and safe at all times.
• Performs other duties as assigned by the Managing Director from time to time.

REQUIRED KNOWLEDGE & SKILLS:

• Oral & Written Communication
• Confidentiality
• Integrity
• Reporting
• Team playing
• Administration
• knowledge of local and international laws and regulations on oil and gas
• Commercial/Negotiation
• Effective Presentations
• PC Utilization (Excel, Word, Power Point, Database management).

POST TITLE:   Junior Trader

DEPARTMENT: Trading

   

JOB SUMMARY:

• The primary function and responsibility of the Trading Department is to act on behalf of clients to buy and sell physical commodities (including Crude Oil, PMS, AGO, DPK and Jet A1, Bitumen, LPFO, Base Oils, Chemicals and other specialty products). 
• Traders are also responsible for managing risk through the use of various hedging strategies including derivatives (futures and options) that are based on those physical commodities.  
• In addition, the team sources comprehensive market research (both supply and demand) that provides the Company with required information for developing short- and long-term strategic marketing plans covering origination, marketing and to some extent, wholesale product delivery to clients.
• The Junior Trader provides analytical, implementation and monitoring support to the Trading Department in ensuring the effective execution of marketing and sales strategies that target potential and existing markets and customers for products and services.  
• The position incumbent is responsible for transaction processing, documentation support and some level of involvement in the execution and monitoring of daily trades.
• The role ensures the currency of market, supplier and customer data, and performs required analysis to identify potential risks and other business issues.  
• The Junior Trader also maintains a very close working relationship with the Legal, Finance and Operations Departments to ensure a seamless process is worked in executing spot and long-term contracts.    

SPECIFIC DUTIES & RESPONSIBILITIES:

Operational:

• Performs deal validation, analysis and problem identification for executed trades on a daily basis.
• Reports the daily position and P&L using approved reporting frameworks and reporting systems.
• Analyses and reconciles daily and month-end P&L information, and verifies data integrity.
• Performs position scenario analysis based on instructions and under the guidance of Senior Traders.
• Performs daily market surveys for price discovery with respect to next day trading.
• Updates market information on electronic trading systems at the instance of Senior Traders.
• Complies with approved decision-making and monitoring systems, processes, procedures and policies and ensures effective controls are adhered to in handling job duties; maintains the integrity of all transactions by analysing service provisions and agreements for compliance with regulations, federal and local legislation and contract terms.
• Supports the origination, closing and contract administration of large scale, seasonal, long-term positions; prepares draft bid documents for products traded and submits to the Head, BD & Trading or the Specialties Products Trader for review and approval.
• Key in trade details into the Trade Software and update throughout transactional cycle
• Checks and sends all the confirmations produced by the system to the counter parties
• Collects all incoming confirmations (both third party and returned confirmations) and checks and records against the Trading Book.
• Collects and checks brokers’ confirmations against the Trading Book contents each morning.
• Produces and checks trading invoices in association with the Senior Traders.
• Ensures all trade-related documents are scanned and filed in an organised and systematic manner for easy retrieval whenever needed.
• Sources and analyses global market and product data, towards identifying excessive exposures; identifies and raises issues to Senior Traders
• Acts as back-up to Traders.
• Performs other assigned duties as delegated by the Senior Trader.

EDUCATIONAL QUALIFICATIONS, SKILLS & EXPERIENCE:

• 1st degree in Engineering, Finance, Investment Management, Business Administration, Economics or other related degree
• 0 - 2 years work experience within a reputable and structured organisation (financial institution, energy trading company etc.).
• Exposure to commodities trading activities is an advantage.

REQUIRED KNOWLEDGE & SKILLS:

• Basic understanding of Oil & Gas Industry Dynamics & World Markets
• Basic understanding of Energy Trading Markets
• Basic Commodities Trading (Oil & Gas Products)
• Basic Physical Products Trading
• Basic Finance
• Strong analytics
• Networking & Relationship Management
• Negotiation
• Business Performance Monitoring and
• Initiative & a Keen/Acute Sense of Judgment, Decisiveness and Self-Discipline
• Creativity & Innovation
• Political Savvy
• Teamplaying
• Oral & Written Communication.

DEFINITION OF DECISION MAKING AUTHORITY:

Authority I: To act.

Authority II: To act but inform supervisor and/or other interested parties.

Authority III: To obtain supervisor’s approval before acting.

Note: The above is not a complete list of duties but a guide as tasks and objectives can change on needs.


APPLICATION DEADLINE: February 08, 2012

HOW TO APPLY:

CLICK HERE TO APPLY FOR JOB ONLINE