Jobs

    Trade Operations Executive, Crude Oil - Singapore - Yulong Petrochemical (singapore) Pte. Ltd.

    Yulong Petrochemical (singapore) Pte. Ltd.
    Yulong Petrochemical (singapore) Pte. Ltd. Singapore

    3 weeks ago

    Default job background
    Full time
    Description

    We are currently seeking a proactive and detail-oriented Crude Oil Trade Operations Executive to join our team. In this role, you will be responsible for overseeing various aspects of trade operations, ensuring smooth business execution.

    Responsibilities:

    • Trade Execution: Execute end-to-end crude oil trades based on trading strategies and guidelines provided by the trading team.
    • Contract Management: Draft and negotiate contracts with suppliers and buyers, ensuring favorable terms and conditions that align with the company's objectives. Ensure compliance with legal and regulatory requirements.
    • Logistics Coordination: Collaborate with logistics teams to ensure efficient coordination of transportation, vessel scheduling, and storage facilities to optimize the delivery process. Develop and maintain relationships with shipping companies and terminals.
    • Risk Management: Implement and monitor risk management strategies to minimize exposure to price volatility, counterparty risks, and operational risks. Conduct thorough market analysis and develop risk mitigation plans accordingly.
    • Documentation and Reporting: Maintain accurate records of trades, trade confirmations, contracts, LCs, and financial transactions. Prepare regular reports on trading activities, performance, and market insights for senior management.
    • Stakeholder Management: Build and maintain strong relationships with suppliers, buyers, traders, and other market participants. Collaborate with internal teams such as finance, legal, and risk management to ensure smooth operations.

    Requirements:

    • Bachelor's degree in a relevant field such as International Trade, Logistic and Supply Chain, finance, economics, or business administration.
    • Proven experience of at least 5 years in crude oil trading operations, preferably within the petrochemical industry.
    • In-depth understanding of the crude oil market, trading strategies, and logistics. Familiarity with Chinese and international regulations related to crude oil trading.
    • Familiar with the terms of international trade contracts.
    • Fluency in English and Mandarin is required, as the role involves frequent communication with both English and Chinese speaking counterparts.

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