Nigeria's placement-first job network — verified roles across the 36 states and FCT
Prowess Outsourcing Limited, a recruitment and consulting company, is recruiting suitably qualified candidates to fill the position below:
Job Title: Lead Trader – Down Stream Oil & Gas
Location: Lagos, Nigeria, with travel to operating states and depots as required
Employment Type: Full Time
Reports to: Head, Trade Operations & Business Development directs to: Senior Trader(s) and Trade Analyst(s) on the Nigeria desk (small span of control)
Department: Trading & Commercial Scope Nigeria trading and origination only - crude oil, refined products, and gas within the Nigerian market. West African markets can be focused post Nigeria.
The Lead Trader - Nigeria sits between the Head, Trade Operations & Business Development and the Senior Trader, owning the day-to-day running of the Nigeria trading book and origination pipeline. The role combines hands-on deal origination and business development within Nigeria with first-line supervision of a small trading team - translating the strategy and mandate set by the Head into consistent execution of the multi-market strategy on the ground.
Deal Origination & Business Development (Nigeria): Originate and develop new trading opportunities and client relationships within Nigeria, across crude oil, refined products (PMS, AGO, DPK, LPG), and/or gas. Build and maintain a portfolio of Nigerian clients, suppliers, and counterparties, including corporate, commercial, and industrial accounts. Negotiate and close trades and commercial agreements within the pricing, credit, and risk mandate set by the Head, Trade Operations & BD, escalating larger or strategic opportunities upward. Identify and develop new business opportunities within Nigeria - new clients, new product lines, or new depot/logistics arrangements - and bring fully-scoped opportunities to the desk. Trading Desk Supervision: Supervise and coordinate the day-to-day work of the Senior Trader(s) and Trade Analyst(s) on the Nigeria desk, allocating trades and workload appropriately. Review and quality-check trade execution against contracted terms, pricing, and risk limits before escalation or sign-off is needed from the Head. Coach and develop junior team members, providing day-to-day guidance on deal structuring, negotiation, and risk judgement. Identify arbitrage and hedging opportunities within the Nigeria book and work with the Head on any hedging or paper trading activity relevant to the Nigeria desk. Market Intelligence & Risk (Nigeria): Monitor Nigerian oil & gas market conditions, pricing benchmarks, and regulatory developments (e.g., NMDPRA, NUPRC, fuel pricing and deregulation policy) that affect the Nigeria trading book. Manage commercial risk, counterparty exposure, and credit terms on the Nigeria book within approved limits, flagging any material risk issues to the Head promptly. Provide regular, accurate reporting to the Head on Nigeria desk performance, pipeline, and market developments. Operations, Documentation & Compliance: Ensure trades on the Nigeria desk are properly documented - contracts, lifting schedules, product specifications, and compliance records - and coordinate with operations, logistics, risk, and finance for efficient execution. Ensure Nigeria desk activity complies with internal risk policy and relevant regulatory requirements, maintaining effective working relationships with Nigerian regulators as needed for day-to-day trading matters. Monitor delivery and logistics performance on Nigeria trades, working to minimise demurrage and delivery delays. Key Performance Indicator KPI Area: Measure of Success: Nigeria Origination & Business Development: Value and quality of new Nigerian client/counterparty relationships and trading opportunities originated. Trading Volume & Revenue (Nigeria): Growth in Nigeria trading volumes and revenue against target. Trading Margin: Margin achieved on the Nigeria book versus target/projected margin. Desk Supervision & Team Performance: Quality and consistency of trade execution across the Senior Trader/Analyst team; effectiveness of coaching and escalation judgement. Cost & Logistics Efficiency: Demurrage incidents and logistics cost on the Nigeria book kept within target levels. Compliance & Documentation: Timeliness and accuracy of trade documentation; no material compliance issues on the Nigeria desk.
Bachelor's degree in Economics, Business, or a related field. Relevant professional certifications an advantage, such as: fundamentals of oil trading and incoterms (e.g., CITAC); shipping fundamentals; or international petroleum shipping and freight markets. 7–10 years of experience in oil and gas trading within the Nigerian market, including demonstrated deal origination and business development experience. Strong existing network of Nigerian trading counterparties, suppliers, and clients. Working knowledge of Nigerian downstream regulatory requirements (NMDPRA, NUPRC) and hedging/arbitrage fundamentals. Key Competencies: Origination instinct - proactively finds and develops new Nigerian trading and business opportunities rather than only executing what's handed down. Working-level leadership - supervises and coaches a small team effectively without yet carrying full desk-level P&L or budget ownership. Nigeria market fluency - deep, current understanding of Nigerian downstream regulation, pricing dynamics, and key counterparties. Sound judgement on escalation - knows what to decide within mandate and what to bring to the Head. Contract negotiation - secures well-structured terms across both trading and new business development conversations. Operational rigour - keeps the desk's documentation, compliance, and delivery tracking accurate under
Apply directly on GetAJob with your profile. Your application goes to Prowess Outsourcing Limited for this role.
Deadline
23 Nov 2026
Applications
0 candidates so far
Salary
Not disclosed
Safety note: this employer will never ask you to pay a recruitment fee. Report any request for money to support@getajob.com.ng.
