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Want to be part of the team? Borealis is committed to making new discoveries – and that includes finding pioneering members to join our team.

Feedstock Trader/Buyer

  • Location: Belgium, Mechelen
  • Type: Permanent
  • Application Deadline: 16/09/2018
  • Hours: Full-time

Apply now

Are you a cool headed feedstock trader/buyer going beyond the usual boundaries to come up with excellent deals?

We are currently looking for a Feedstock Trader for the Business Unit Hydrocarbons & Energy based in Mechelen (Belgium).

Your job as a Feedstock trader in Borealis

The Feedstock Trading job in Borealis means much more than buying and selling. As markets are constantly shifting, it is your challenge to purchase and trade the assigned feedstock portfolio which includes all NGLs ranging from ethane to butane and naphtha. The ultimate goal is to deliver the optimal combination of price, quality and cracking value and to keep Borealis’ olefins plants always supplied at the highest overall profitability within the defined risk and commercial mandates.

It is your role to:

  • Evaluate and forecast the market developments for the assigned product portfolio;
  • Manage Borealis’ commercial position with a strong focus on financial, operational and logistical risk management;
  • Contribute to the development and execution of the feedstock supply and contracting strategy for the operational time frame;
  • Negotiate the feedstock contracts with 3rd parties engaging relevant stakeholders (Legal, Supply Chain, Risk department etc.)
  • Manage and execute the operational trading activities (contractual and spot business) within the assigned portfolio to achieve the targeted commercial performance which includes cracking value, shipping and logistical economics, inventory management amongst others.
  • Establish and develop a commercial network enabling you to identify new potential sources of short and long term advantageous feedstock
  • Manage and execute financial derivatives trading activities for the designated books such as hedging and position taking within the designated mandates
  • Participate in industry conferences, projects, supplier and customer meetings
  • Continuously look for creative ways to develop new business and suggest projects that could further strengthen Borealis’ feedstock position

Your profile

As a Feedstock Trader you have a Masters degree in a relevant discipline with at least 3 years of working experience in a commercial environment. You have a practical understanding of petrochemical, oil and gas industries and market structures and a thorough understanding of suppliers, customers as well as competitors within the relevant markets. Moreover, you have knowledge and practical experience in trading financial derivatives. In addition, you have strong commercial and numeracy skills and the flair to develop robust and successful relationships with peers, producers, traders, brokers and other external and internal stakeholders. Finally you should be fluent in both written and spoken English.  You have a cool head, which goes beyond the usual boundaries to come up with excellent deals with a track record of sound decision-making. A person, with a strong drive, natural networker and team player, sociable personality and a “can do” mentality, demonstrating high levels of integrity and ethics. Multi-cultural awareness is essential as well.As a Feedstock Trader working in a global environment frequent travelling (up to 20 %) should be taken into account.  

Our offer

We offer you an exciting and challenging job with a great portfolio of responsibilities in an ambitious and dynamic team in an innovative and growing company. Borealis is known for its lean structure and open culture, which we believe is the best way to deliver the highest job satisfaction.

You won´t fall short in terms of financial benefits. You will get an attractive and competitive salary including fringe benefits that will match the background and skills of a successful feedstock trader.

To apply

Eager to go beyond boundaries and join our commercial team? Please apply online and upload your CV and cover letter.

For further information on this position, you may contact Suzy Smedts, Commercial Manager Feedstock and Cracker Products, mob +32 475 26 10 78

The HR contact person for this position is Karolien Vercauteren, Talent Acquisition Specialist, Karolien.vercauteren@borealisgroup.com.

Company and BU background

Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With its head office in Vienna, Austria, the company currently has around 6,600 employees and operates in over 120 countries. Borealis generated EUR 7.5 billion in sales revenue and a net profit of EUR 1,095 million in 2017. Mubadala, through its holding company, owns 64% of the company, with the remaining 36% belonging to Austria-based OMV, an integrated, international oil and gas company. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).At Borealis, the safety of our work environment and the well-being of our employees is key. It gives us the security we need to strive for more. Our journey is characterised by continuous progress. Our technologies, products and ideas are constantly evolving – to give our people and businesses the ability to create relevant solutions that also help our planet. Our curiosity sparks a relentless quest – seeking out the next find, the next clue, the next opportunity. Keep discovering!Partnering with the oil and gas industry as major feedstock buyer, Borealis Hydrocarbon & Energy (HC&E) BU provides innovative and quality chemicals and operates several steam crackers as well as a propane hydrogenation plant. We are selling and supplying olefins and other hydrocarbons in Europe to various customers and to our polyolefin plants. We also source and supply the energy (natural gas, electricity, steam, etc.) as utility to all plants in EU as well as natural gas feedstock for the Fertilizer and Melamine plants.The commercial team for Feedstock and Cracker Products is responsible for managing and optimising Borealis requirements for our product portfolio in Europe. This we do mid- and long-term by negotiating and concluding commercial agreements and short-term by daily buying, selling and hedging of our position. Our commercial performance is measured against respective market benchmarks and we follow a strict mandate schedule set by acceptable risk exposures.

Apply now

Contacts

+32 472 46 62 03
Karolien Vercauteren