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Trader

7-9 Years
SGD 11,000 - 14,000 per month
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  • Posted 4 hours ago
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Job Description

  • Part of Petroleum Product Trading team in Singapore, primarily focused on Middle Distillates- Diesel, Gasoil, and Jet fuel.
  • Negotiate and execute spot and term contracts (including Tenders) for the purchase and sale of petroleum products and blend stocks
  • Execute trades in line with the approved trading strategy and plan, within the risk and authority limits set by the Trading Manager.
  • Develop new markets, customers, and supplier relationships, with a strong focus on expanding regional market activities and third party trading as a lever for optimization and enhanced profitability.
  • Utilize futures and derivative instruments for hedging, price risk management, and portfolio optimization.
  • Ensure accurate and timely trade capture in trading systems, with ongoing monitoring and reconciliation of exposure positions.
  • Establish and maintain strong working relationships with counterparties and actively represent the company at industry meetings and seminars.
  • Work closely with back office and operations teams to ensure seamless trade settlement and timely resolution of any discrepancies.
  • Ensure all trading activities are conducted in full compliance with internal trading guidelines, risk controls, and approved authority limits.

    Knowledge & Skills needed for Job:
  • Bachelor's degree in Engineering/Science/ Mathematics/Business Management/Commerce.
  • Minimum of 7 years of post‑qualification experience in the Oil & Gas industry, including at least 3 years in petroleum product operations and trading.
  • Strong understanding of petroleum product markets, including trading strategies, pricing mechanisms, operational processes, and risk management techniques familiarity with petroleum product contracts, regulatory requirements, and shipping operations.
  • Demonstrated strong analytical and communication skills, with the ability to evaluate market dynamics and engage effectively with stakeholders.
  • Fluent in English, both written and spoken.

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Job ID: 146616967