Lead Phenol Trading

2 weeks ago

Vadodara, India Deepak Phenolics Full time

Job Summary

This position will be responsible for overseeing the trading operations of chemical products. This strategic role requires a seasoned professional with a deep understanding of the domestic and international chemical markets, producers and suppliers, strong customer connect and leadership skills, and a proven track record in sales/marketing, trading, customer acquisition and business development. The ideal candidate will drive growth, optimize trading strategies, and ensure the company's preparedness for future capacity creation in traded products.

Key Responsibilities

  • Strategic Planning and Execution:

  • Develop and implement strategic trading plans aligned with the company's overall business objectives and long term capacity creation plans.

  • Identify key suppliers and customers, and capitalize on market opportunities to expand trading operations and increase market share.

  • To achieve 30% market capture of products of interest to Deepak Group over a 3 year period

  • Market Analysis and Intelligence:

  • Conduct thorough market research and analysis to stay updated on industry trends, competitor activities, and market demands.

  • Utilize market intelligence to make informed trading decisions and forecasts.

  • Trading Operations:

  • Oversee daily trading activities, including procurement, sales, and logistics of chemical products.

  • Ensure compliance with regulatory requirements and industry standards.
  • Work within a pre-set exposure limit set by the Company and publish weekly / monthly net open positions and exposure.
  • Ensure customer wise exposure as per their credit limits.

  • Ideally, work towards negative working capital for trading operations.

  • Relationship Management:

  • Build and maintain strong relationships with key suppliers, customers, and stakeholders.

  • Negotiate contracts and agreements to secure favorable terms and conditions.

  • Team Leadership and Development:

  • Lead, mentor, and develop a high-performing trading team.

  • Foster a collaborative and results-oriented work environment.

  • Financial Management:

  • Monitor trading budgets, financial performance, and profitability.

  • Implement cost-effective strategies to optimize trading margins.

  • Risk Management:

  • Identify and mitigate risks associated with trading activities.

  • Ensure robust risk management practices are in place.Role & responsibilities

Preferred candidate profile

  • Education:

  • Bachelors degree in Chemical Engineering, Business Administration, or a related field.

  • MBA or equivalent advanced degree is preferred.

  • Experience:

  • Minimum of 15 years of experience in chemical trading, with at least 5 years in a leadership role.

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