Crude Trader - West Africa & Latin America

About the role

Trafigura is looking for a Crude Trader to join its crude oil trading desk in Geneva, focusing on the West African and Latin American books and building towards the Mediterranean. You will work alongside experienced traders, taking ownership of physical trading, book optimisation and P&L in your core regions, while deepening your command of Atlantic Basin and Far East arbitrage flows.

Key responsibilities

• Trade and develop the West African and Latin American crude oil books, covering physical trading, optimisation, risk management and P&L, and progressively take on the Mediterranean book alongside senior traders.
• Identify and capture arbitrage opportunities from West Africa and Latin America towards Europe, the Mediterranean and the Far East, including crude quality, freight, regional refining economics and alternative crude values.
• Maintain detailed knowledge of West African and Latin American crude grades, production developments, loading programmes, export flows and refinery demand.
• Monitor global crude fundamentals, refinery margins, freight markets and competing regional flows to identify relative-value opportunities and contribute regional insight to the desk's global market view.

Required profile

• Minimum 1-3 years' experience in crude oil physical trading, with a total of 3+ years in commodities trading.
• Demonstrable working knowledge of West African and/or Latin American crude grades, including quality parameters, pricing mechanisms and loading logistics, and the ability to trade third-party physical cargoes in these regions.
• Evidence of P&L contribution (trade ideas, book management or hedging) and the drive to build a measurable track record.
• Good grasp of Atlantic Basin arbitrage mechanics, including freight, quality adjustments and refining economics, and appetite to develop Far East arbitrage expertise.
• Solid understanding of crude fundamentals: production, export flows, refinery demand and competing regional supply, ideally supported by experience building supply/demand balances.
• Experience operating within risk management frameworks and adhering to position and exposure limits, including physical and paper differential exposure.
• Excellent English, oral and written, native or equivalent to C2 level.

Preferred qualifications

• Degree in Finance, Economics, Engineering, a science or another quantitative field.
• Additional experience in crude derivatives, swaps and hedging instruments.
• Developing network of relationships across NOCs, producers and refiners in West Africa and Latin America.
• Familiarity with Dated Brent pricing, OSP mechanics and relevant pricing benchmarks (Platts, Argus).