Global Trader

GLOBAL OPPORTUNITY | FULLY REMOTE

ICONIC is a market-leading company created through the combination of the lubricants businesses of Ipiranga and Chevron in Brazil.

We are a team of more than 1,000 highly specialized and dynamic professionals. We are responsible for the development, production, distribution, and commercialization of lubricants, fluids, greases, and coolants, but our purpose goes far beyond that.

Through the ICONIC Technology Center, one of the largest and most advanced laboratories in Latin America, and our global connections, we develop a comprehensive portfolio of more than 1,000 products. We combine innovation and technology to deliver solutions for the challenges of diverse industries, including automotive, industrial, marine, agriculture, and power generation.

Our two manufacturing plants, with a production capacity exceeding 500 million liters per year, together with our nationwide logistics capabilities, a base oil terminal, and a broad distributor network, serve more than 100,000 customers through our renowned brands, recognized for excellence and quality: Texaco Lubricants and Ipiranga Lubricants.

Position Summary

The Global Base Oil Trader is responsible for generating value and maximizing EBITDA through the trading and optimization of the base oils portfolio. This role manages commercial positions across suppliers, customers, and markets by executing trading strategies, identifying arbitrage opportunities, mitigating risks, and optimizing the economic performance of the business.

The successful candidate will combine strong market intelligence, analytical capabilities, and commercial acumen to drive profitability while ensuring effective position management and supply continuity.

Key Responsibilities

• Manage base oil trading positions, optimizing profitability and portfolio performance.
• Monitor and analyze global base oil, crude oil, foreign exchange, freight, and related commodity markets to identify trading opportunities and market risks.
• Develop and execute purchasing, sales, arbitrage, hedging, and inventory positioning strategies.
• Continuously assess the competitiveness and economic value of inventories, contracts, and supply commitments.
• Partner closely with Supply Chain, Planning, Treasury, Finance, and Commercial teams to define and execute optimal market positioning strategies.
• Prepare market intelligence reports, price forecasts, and strategic recommendations to support business decisions.
• Build and maintain strong relationships with refiners, producers, trading houses, brokers, distributors, financial institutions, and key market participants.
• Negotiate commercial contracts, supply agreements, and spot transactions to maximize value creation.
• Track and manage trading P&L performance, ensuring compliance with internal risk management and governance policies.
• Identify new sourcing and commercialization opportunities across regional and international markets.

Qualifications & Experience

• Bachelor's degree in Engineering, Economics, Business Administration, Finance, International Trade, or a related field.
• Proven experience in commodity trading, risk management, and base oils trading.
• Strong understanding of commodity pricing mechanisms, foreign exchange dynamics, position management, and market fundamentals.
• Demonstrated analytical, quantitative, and problem-solving capabilities.
• Fluent in English. Spanish is welcome.
• Strong negotiation, communication, and stakeholder management skills.
• Results-oriented mindset with the ability to operate in fast-paced and dynamic market environments.

Preferred Qualifications

• Existing network of customers, suppliers, trading houses, brokers, and industry contacts within the base oils and lubricants industry.
• Direct experience trading and managing physical base oil molecules and associated logistics.
• Demonstrated responsibility for proprietary trading books and direct P&L management.
• Knowledge of Group I, Group II, Group III, Naphthenic, and specialty base oils markets.
• Experience working in international trade environments with exposure to Latin America and global markets.
• Familiarity with freight economics, storage optimization, inventory management, and supply chain economics

Location: Worldwide | 100% Remote