Trader - Singapore - SINOCHEM INTERNATIONAL OIL (SINGAPORE) PTE LTD

SINOCHEM INTERNATIONAL OIL (SINGAPORE) PTE LTD

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Key Responsibilities:
Day to day activities of oil products, biofuels and carbon emission trading, blending, storage and related works.
Trade on derivatives and futures to hedge physical position.
Establish and maintain solid customer relationships with new and existing counterparties, including regular visits and daily communications.
Business development and driving sales growth with potential customers in Southeast Asia, Africa, Europe and the Americas.
Negotiate and conclude market transaction on a spot/term basis.
Track and monitor world petroleum market movements, and actively communicate internally to ensure adequate understanding of product fundamentals.

Participate in the formulation and negotiation of procurement and sales contracts, calculate procurement costs, and ensure the reasonable implementation of trade.

Routine departmental and interdepartmental reporting as required.

To assist the management in mentoring the junior traders, trading assistants and analysts with good skill sets of methodologies as well as corporate culture and mentality.

To carry out other duties assigned by Managing Director, Deputy Managing Director and General Manager as and when necessary.

Requirements:

Bachelor degree is necessary.
At least 10 years of relevant experience in oil trading industry.

In addition to that, (3 years or more) experience in the physical oil trading in Europe and/or the Americas will be a big plus.

Good knowledge of Chinese domestic production and trading for oil products and biofuels, capable to monitor the arbitrage econs of import and export from time to time.

Good knowledge of regulation mechanism in both Singapore and China, especially regulation by the SASAC (State-owned Assets Supervision and Administration Commission of the State Council).

Proficient in MS Office (Excel, Word, Power Point).
Knowledgeable in the basic skills of PIMS basis Aspen HYSYS or other professional tools for similar purposes.

High fluency in both English & Spanish for day to day business communication, contractrual negotiation, market analysis and the drafting of internal report and strategy is a must.

Ability to speak and write in Chinese is required to communicate with Chinese speaking associates and clients, and capable to prepare formal and written weekly/monthly analysis and summary reports in Chinese independently and report to headquarter managements in China is a must.

Frequent travel to target areas such as India, Philippine, China (Shandon Province) etc. is required.
Strong negotiation and analytical skills with a strategic mind.
Good people skills, good communication and presentation skills.

An effective team player who is self-innovative, enterpreneurial and open-minded, ready to learn and explore whichever direction as per the team needs.