Commodity Owner – Light ends

Sparta Commodities is a Swiss VC backed Startup with subsidiaries in Spain, UK, and US. Sparta focuses on providing only actionable pricing and insights to commodity traders. It has the ambition to digitise the market and to become the leading end-to-end platform for traders in all commodity verticals.

Mission

To design, create, implement, and own the architecture and Roadmap of Sparta’s Light-End product offering that will attract at least 90 users in the first 3 years after start. Set up a A-Grade team in Europe, US, and Asia to cater for regional customer needs.s.

Description

As a Commodity Owner you will be the architect of new product development for the Gasoline and Naphtha suite of products. You will be the industry expert that will provide the guidelines to both the CTO and the Product Owners to develop the features and tools the traders need to make faster and better decisions. You will be assisted by consultants (ex-traders) that will provide the pain points and needs traders have and, in collaboration with the Product Owners, you will develop the features and tools needed by traders. As an example, Sparta has developed a cloud-based blender and a global Arb calculator. As the tool develops and a historical database built, you will be responsible for finding ways of combining this new data with external source data to provide analysis to our users. You will also be in contact with customers to follow the market trends and needs. You will collaborate with sales and Customer Success for client onboarding and demo calls.

Desired Outcomes

  1. Take full ownership for light-ends trading tools needed and desired by Light Ends traders within 120 days of start date
    • Collect customer needs and feedback with the help of external consultant/Management/Customer Success and Sales team
    • Stress test existing product offering vs. the desired outcomes needed by customers.
    • Design a comprehensive plan of all the new features most needed by the industry and review existing roadmap to fit the customer’s most pressing needs.
    • Collaborate with the product team on the implementation and execution of the MVP within the above-mentioned time frame.

  2. Post ownership acquisition, collaborate with Sales, marketing, Product and Management teams to ensure 30-50 new users per year for the next 3 years
    • Become the focal point between Sales, customers, management, and product team to ensure the offered products meets customers’ needs and generates sales.
    • Complement our existing data set with external sources of data (executed by the Data Supply Manager) to make our product offering more robust and with clearer insights.
    • Extend the offering to Naphtha and LPG.
    • Work closely with the data analyst team to automate the extraction of trading insights from our databases.
    • Be in constant communication with existing and potential customers to ensure the product meets their needs and if not come up with new ideas that could address their needs.
    • Have ownership for the tool and ensure it is kept it up to date with any changes in the market and fix any errors from either your checking, working with the quality assurance team or from user feedback.
    • Collaborate with Sales and Customer Success as the technical expert on client onboarding and demo calls.

  3. Prepare and plan the 3-5 year strategy for light ends trading tools suite of products by the end of year two
    • Collaborate and guide the data science team on the outcomes desired by customers on quantitative analysis and market predictions.
    • Hire the required talent to assist you on planning and execution.
    • Plan and strategize the next generation of freight tools based on long term needs of customers (refinery margins, Emissions, Greenhouse Gas savings,  etc).

  4. Top-Grade the Light-Ends Commodity Owner team globally by end of year two:
    • Hire the required A- Player talent to assist you on planning and execution

Job Summary

Employment Status: Full-time

Experience: Senior

Job Location: 100% Remote (Switzerland, UK or Spain)