We are currently working with a leading integrated Oil & Gas business who is seeking an experienced Middle Distillates Trader, where you will manage both system and speculative trading positions. This position will be based in Singapore.
KEY RESPONSIBILITIES
- Generate value through the trading of physical middle distillates and associated derivatives, while managing risk exposures;
- Manage the trading of fuel oil where necessary;
- Develop an asset backed trading strategy for the business productions/assets;
- Develop and maintain strong relationships with trading counterparties;
- Communicate with traders in the global team to identify and execute arbitrage opportunities;
- Negotiate term and spot contracts with traders, producers and refiners;
- Build up deep understanding of the EOS products market;
- Work closely with respective teams to define both physical and derivatives trading strategies;
- Liaise with the shipping team on chartering matters, on spot or term basis;
- Develop and provide analytical assessments to management to support trading decisions
THE IDEAL CANDIDATE
- Degree in Engineering, Mathematics or Economics or equivalent;
- Comes with at least 3 years of proven record in trading middle distillates (fuel oil knowledge would be a plus);
- Experience with derivative instruments for hedging;
- Knowledge of market fundamentals and market analysis;
- Experience of refining operations and processes would be advantageous;
- Experience working in a global and international organization;
- Strong written and verbal communication skills and ability to build effective relationships internally and externally