Vegoil Operator

In connection with the expansion of the Montevideo Regional Office and the strong business growth in Latin America, Trafigura is looking for a Vegoil Operator based in Montevideo, Uruguay.

Main Purpose

We are seeking a motivated, experienced, and ambitious Vegoil Operator to join our team. The ideal candidate will have foundational knowledge of the vegetable oil market with a strong command of established market practices, relevant trade rules and regulations, and solid contract knowledge. This role will involve supporting the trading team in executing physical and paper trades, and is essential to Vegoils operations in the Americas.

Knowledge, Skills and Abilities

• Education: Bachelor's degree in Business, Economics, Finance, Computer Science, or a related field.
• Experience: Minimum of 2 years of experience in vegetable oil execution.
• Strong knowledge of FOSFA/ANEC contracts, Incoterms, and LC terms.
• Proficiency in trade capture and operations management systems.
• Experience with the Covantis platform is an advantage.
• Fluent English (written and spoken).
• Strong communication skills.

Key Responsibilities

• Execute and manage physical vegetable oil trades to and from the Americas, including vessel nomination, coordination of loading and discharge operations, and issuance and review of shipping documents.
• Execute paper contracts relating to Argentine and Brazilian origins in accordance with applicable trade terms and internal procedures.
• Serve as the point of contact for inspection companies, port agents, customers, suppliers, and other counterparties.

Competencies

• Attention to Detail: Meticulous attention to detail and a high degree of accuracy.
• Team Player: Collaborative mindset with the ability to work effectively in a team-oriented environment.
• Integrity: High ethical standards and integrity across all operational activities.
• Decision-Making: Ability to make informed decisions under guidance.
• Curiosity & Open-Mindedness: A genuine interest in the commodities trading environment, with an open and inquisitive approach to new ideas, processes, and ways of working.
• Continuous Development: A proactive attitude toward learning and self-improvement, with a strong desire to grow professionally within the role and the broader organisation.

Key Relationships

• Vegetable oil traders
• Operations team
• Deals Desk team
• Credit team
• Trade Finance team

Department

The vegetable oil and feedstocks trading desk is responsible for the buying, selling, and risk management of vegetable oil, a key feedstock in biofuel production. The team conducts market analysis, develops trading strategies, executes trades, and manages relationships with suppliers and customers to optimise profitability and mitigate market risks. Additionally, the desk engages in paper trading of vegetable oil, using financial derivatives to hedge physical positions and speculate on market movements. Leveraging data analytics and technology and data visualisation tools, the desk ensures informed and strategic trading decisions. The Vegoils Operations Coordinator will be an integral part of the team, ensuring physical operations run as smoothly as possible.

Reporting Structure

Reporting directly to the Head of Operations.

Equal Opportunity Employer

We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion, or other employment practices on the basis of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, or any other legally protected status.

This position is eligible for a relocation assistance package for candidates currently based in Argentina. Details of the relocation package, including financial support, logistical assistance, and onboarding resources, will be discussed with shortlisted candidates during the interview process. Candidates are encouraged to apply regardless of their current location within Argentina.