Geneva, Geneva, Switzerland
Multilingual professional with 10+ years of international experience across Africa, America and Europe with excellent understanding of commodity dynamics. Excellent cross-functional expertise, sales oriented, good negotiator, dynamic, adaptable, looking forward for new horizons and opportunities.
Physical oil trading across Europe, America and Africa. Derivatives trading of European and American contracts Responsible for the elaboration, development and implementation of an annual business plan for fuel oil and feedstocks desk ∙ Supply of term contracts into West Africa and into North Africa and arbitrage opportunities from Africa to Europe and America ∙ Manage an international team of oil originators and marketers across Europe and Africa (Nigeria, Guinea, Ivory Coast, Senegal), coordinate the local negotiations with Governments and End Users. Provide support to local teams when necessary ∙ Cross sourcing departments’ collaboration: purchase and sell oil for other desks (distillate desks and crude desk) ∙ Develop business model for IMO 2020
Fuel Oil Trader (*recruitment of the whole team from Lia Oil S.A.) Physical cross Med/NWE activity and trading European derivatives contracts ∙ Coordinated a team of two people in Spain and two people in Geneva ∙ Negotiated term contracts with third parties ∙ Set up and implemented the monthly strategies for the fuel oil book. Responsibilities: ˗ Performing fundamental analysis, modelling and valuation for Platts window strategies linked to hsfo in the Med ˗ Building up the derivatives position (Fob R’dam barges spreads, hsfo med/north spreads, cracks) in OTC markets and building up physical positions ˗ Executing the strategy in the Platts PVO and Platts Fuel Oil platforms (derivatives and physical cargoes) ˗ Following up and optimizing of the cargo trades resulting from concluded spot deals ∙ Managed the day-to-day of a partnership agreement with Med player. Responsibilities: - Supplying the storage capacity under partnership (indentifying blending opportunities) - Agreeing and setting the pricing strategies for the partnership (hedges included) - Agreeing the monthly sales strategies for the partnership (executed by the other party) Accomplishments Set up a profitable fuel book from scratch in 2014 Managed to handle successfully a partnership agreement with a third party in 2015
Fuel Oil & Distillates Trader Physical cross Med activity (Fuel Oil and DMA) and trading European derivatives contracts (Fuel Oil and 0.2%-0.1% Gasoil differentials) Supply of Vopak Algeciras Terminal ∙ Identified blending opportunities (M100/Slurries/LCO) for the procurement of the system ∙ Controlled Risk Exposure in cooperation with middle office department, hedging flat price, cracks and differentials ∙ Managed the company’s Time Charter Vessel Accomplishments Operated sucessfully one of the most expensive depots in Europe (long term lease) in a backwardated market and competing with BP Oil International Ltd for the local bunker market
∙ Price Risk Management of the Fuel Oil and Middle Distillates Portfolios - Risk mitigation through the application of the financials instruments (Futures, Swaps) - Developed internal hedging policy and valuation model - Conducted fundamental research on Fuel Oil markets supported by research using different sources and analyses to develop commodity price forecats feeding into risk management startegies - Provided Trading Manager with detailed assessment on commodity market to support managing the trader’s PnL