Naphtha Trader
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Singapore
Singapore Overview
Our client is a major global integrated energy company. They seek to hire a Naphtha Trader to be based in Singapore and grow their Naphtha business in Asia Pacific and globally. The individual in this role will be accountable for growing a Naphtha trading desk throughout Asia, with a focus on both Far East and Middle East marketplaces.
Synopsis:
The Naphtha Trader will be responsible for the development and promotion of Naphtha trading, interacting with companies involved in the refining, distribution, transportation, storage, blending and sale of hydrocarbons. The successful candidate will have thorough knowledge and experience in Naphtha including derivatives management. This role will suit an entrepreneurially minded naphtha professional looking to progress in their career and up for a new challenge within an established but expanding global enterprise.
Responsibilities
You will report to the Head of Bios, LPG, Naphtha and Petrochemicals Asia and sit within the client’s Trading and Supply organization. You will work with and support a global team of deal makers, traders, business development managers, supply chain developers and project managers. Accountabilities will include:
Naphtha Trading:
- Manage a Naphtha trading portfolio covering global markets.
- Source and market physical Naphtha in both the Far East and Middle East.
- Optimize the feedstock supply.
- Lead the Risk Management of the trading book using derivative products.
- Provide analytical valuations to support trading decisions.
- Develop and preserve strong trading relationships with producers, refineries, and traders.
- Develop of spot and term opportunities.
- Active collaboration with the Light Products team and fluent communication with all other trading locations.
Client Relationship Management:
- Maintain and develop relationships with clients across the Naphtha and related markets.
- Utilize existing networks with suppliers, refiners, producers, traders, and end-users within the physical Naphtha marketplace.
Market Analysis and Reporting:
- Provide up-to-date market analysis and trade movements to management for informed decision-making.
- Keep management informed of relevant and timely market information on international oil price trends and supply-demand situations.
Compliance and Ethics:
- Adhere to all company policies, procedures, and business ethics codes.
- Ensure that policies are communicated and implemented within the team.
Required Experience & Qualifications:
- Bachelor’s degree in a relevant field and a minimum of 10 years of relevant front office experience in Naphtha or other relevant Petroleum product(s) trading.
- Deep Naphtha proficiency in all areas, including quality, logistics, risk management, and contracts terms and conditions.
- Have a strong network of contacts in the global Naphtha industry.
- Ability to travel up to 30% of the time to fulfil the responsibilities of this position.
- Relevant experience in oil markets dealing with the main Naphtha end-users.
- Deep knowledge of Middle East and Far East Markets, in Naphtha.
- Expertise of arbitrage
- Experienced managing storage facilities for Naphtha.
- Exemplary negotiation skills.
- Capability to analyze deeply the fundamentals around the Naphtha market and express them into trading strategies.
- Able to work in an open and in a fast-paced work environment.
- Flexible, proactive, creative mind, result-oriented and customer-focused.
- Proficiency in English and Mandarin languages
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