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Oil Trader Assistant

Oil Trader Assistant

newmaris shipping pte. ltd.
3-6 Years
SGD 3,000 - 5,000 per month
Early Applicant
  • Posted a month ago
  • Be among the first 10 applicants

Job Description

Location: Singapore

Type: Full-time, on-site

Key responsibilities

Trading and operations

  • Handle day-to-day activities for oil products, biofuels, and carbon emissions trading, including blending, storage, and related operations
  • Trade derivatives and futures to hedge physical positions
  • Negotiate and conclude spot and term transactions
  • Take part in drafting and negotiating procurement and sales contracts, calculate procurement costs, and ensure trades are executed properly

Market and business development

  • Track global petroleum market movements and share insights internally to build understanding of product fundamentals
  • Monitor import/export arbitrage economics, particularly for China
  • Build and maintain relationships with new and existing counterparties through regular visits and daily communication
  • Drive sales growth with prospective customers in Southeast Asia, Africa, Europe, and the Americas

Reporting and team

  • Prepare routine departmental and cross-departmental reports
  • Help management mentor junior traders, trading assistants, and analysts on methodology and company culture
  • Carry out other duties assigned by the Managing Director, Deputy Managing Director, and General Manager

Requirements

  • Bachelor's degree in International Trade or a related field
  • At least 2 years of oil trading experience
  • Good knowledge of Chinese domestic production and trading of oil products and biofuels
  • Proficient in MS Office (Excel, Word, PowerPoint)
  • Fluent in English for business communication, contract negotiation, market analysis, and internal reports
  • Able to speak and write Chinese to work with Chinese-speaking colleagues and clients, and to prepare weekly and monthly analysis reports
  • Strong negotiation and analytical skills with a strategic mindset
  • Good communication, presentation, and interpersonal skills
  • Team player who is entrepreneurial, open-minded, and eager to learn

More Info

Job Type:
Industry:
Employment Type:

Key Skills

procurement and sales contracts

carbon emissions trading

Chinese domestic production and trading of oil products