A leading integrated energy company is looking to expand their trading team in Asia, with an experienced and driven Middle Distillate Trader to support their growing activities across Asia. This is an exciting opportunity to be involved in developing a growing desk in an established trading setup.
Key Responsibilities
* Trading of physical middle distillates (fuel oil only if/when necessary) and associated derivatives;
* Managing price risk exposure on the trading book;
* Building and maintaining strong relationships with trading counterparties;
* Negotiating term and spot contracts with producers, refiners and traders;
* Maintaining a deep understanding of the EOS products market;
* Be able to develop an asset backed trading strategy, and liaise with the relevant teams to define trading strategy both on physical and derivatives;
* Liaise with chartering, shipping and operations, on spot or term basis;
* Develop and present analysis to management to support future trading positions
The Ideal Candidate
* Strong experience in trading middle distillates (fuel oil knowledge a plus);
* Proven track record of delivery;
* Experience with derivative instruments for hedging;
* Knowledge of market fundamentals and market analysis;
* Experience of refining operations and processes considered as beneficial
