Heavy Products Trader

We are looking for a trader with deep understanding of Heavy Products. The selected candidate will be part of a multicultural local team in Singapore office, and global player in coordination with Madrid, Houston and Shanghai offices. The position demands good analytical skills, strong teamwork and a business-oriented approach.

Job Description

• Individual will be a member of a dynamic Global Heavy Products Team with offices in Europe, America, China and Singapore.
• Individual will develop the VLSFO market, in line with the company global strategy and optimization.
• Deep focus and knowledge in the Asia markets - market flows and activity of relevant refiners and traders.
• Experience in oil blending/storage economics.
• Develop and maintain business relations with key counterparties, market players (i.e. producers, refiners, traders and end-users ) to keep abreast of market developments and opportunities.
• Active participation in a team P&L/value generation.
• Good risk management and understanding of implied exposure and optimality within contracts and the overall book
• Assess customers’ credit terms and availability. Negotiate payment terms, title transfers and all key contract items to achieve closure.
• Perform all of these activities to company standards within a highly controlled environment governed by external regulatory requirements as well as internal controls and compliance.
• Participate in the ongoing digitalization of the company.

Requirements

• Bachelor degree in Economics, Finance, Business or Engineering.
• At least 5 year’s experience in Oil Trading Business - Record of achievements and deep understanding in physical and paper activity.
• Experience in at least two different regions/countries (Middle East and Asia preferred)
• Experience in physical supply and demand analysis – back-tested trading strategies.
• Ability to work in a multi-cultural fast-paced work environment
• Flexible, proactive, creative mind result-oriented and customer-focused
• Extensive contacts in Asia Fuel Oil Market.
• Strong knowledge of Asian streams, components and flows
• Deep understanding of shipping/ chartering activity. Including floating storage operations and economics.
• Self-sufficient and able to build a business from the scratch.
• Strong team player – X desk collaboration is a must.
• Ability to lead trading decisions at the desk
• Bilingual in English and Mandarin (spoken and written) preferred.
• Veil for Safe, compliant operations.