Petrochemical Trader
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Singapore
Overview
Our client is a major global integrated energy company. They seek to hire a Petrochemicals Trader to be based in Singapore and grow their petrochemicals business in Asia Pacific. The individual in this role will be accountable for growing a petrochemical trading desk throughout Asia, with a focus on both Olefins & Aromatics and a strong emphasis on Benzene and Styrene.
Synopsis:
If you are an experienced Petrochemical Trader with a deep understanding of the Asian market, strong analytical skills, and the ability to build and maintain relationships, we encourage you to apply for this challenging opportunity in Singapore. Join our client’s dynamic team and contribute to their continued success in the petrochemical trading sector.
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:
Petrochemical Trading:
- Trade Petrochemical products including Olefins & Aromatics [Benzene, Styrene, Ethylene, Toluene, Xylene, Propene, Butene, Butadiene] and other bulk chemicals.
- Negotiate price, volume, loading/delivery dates, nomination procedures, and contract terms and conditions with counterparties.
- Coordinate with Trading Operations, Risk Management, Finance, and Supply Trading during purchase and sale transactions.
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.
Required Experience & Qualifications:
- Minimum 8 years’ experience in the petrochemicals trading sector.
- Excellent knowledge of benzene and styrene. Some knowledge of gasoline components.
- Strong knowledge of Asian market and capable to develop new business opportunities.
- Good understanding of both physical and Derivative (Futures, Swaps, Options) Markets.
- Strong knowledge of the chemical industry and analytical skills for interpreting market data.
- Established network of suppliers, refiners, producers, traders, and end-users within the Petrochemical market.
- Knowledge of trading risk management strategies is desirable.
- Supply chain development and/or optimization experience is desirable.
- Fluent in English and Mandarin.
- Degree in Engineering, Business, or Economics with relevant courses in energy, oil trading & chartering, or refining.
- A proactive and responsible team player with strong analytical abilities.
- Excellent communication and negotiation skills.
- Strong commercial acumen and business sense.
- Ability to travel up to 25% of the time to fulfill the responsibilities of this position.
- Strong communication skills and working in multicultural teams, facilitating communication flows.
- It is essential that you can show you are a resilient self-starter and can contribute effectively to teamwork, and when required, lead the team without formal authority.
Client Relationship Management:
- Maintain and develop relationships with clients across the Petrochemical and related markets.
- Utilize existing networks with suppliers, refiners, producers, traders, and end-users within the Petrochemical market.
Compliance and Ethics:
- Adhere to all company policies, procedures, and business ethics codes.
- Ensure that policies are communicated and implemented within the team.