Asia Middle Distillates Trader

SK Energy International; Singapore; On-site; SGD 120,000 - 250,000; Full time

Job summary

SK Energy International is seeking a seasoned trader for its Asia Middle Distillates desk in Singapore. You will trade middle distillates and related derivatives, develop opportunities in Japanese markets, and manage risk through hedging strategies.

The role requires a strong background in oil trading, 8+ years of experience, and expertise in ETRM systems and financial modelling. You will lead cross-functional efforts and collaborate with regional teams to expand trading activities.

Qualifications

• Degree in Business, Economics, Finance or related field.
• Minimum 8 years in oil trading.
• 5 years in light/middle distillates trading with Japanese counterparties.
• At least 1 year refinery and operations experience.
• Proficient in ETRM systems and data modelling.
• Strong analytical and financial modelling skills.
• Excellent communication and stakeholder management.

Responsibilities

• Trade middle distillates and related derivatives.
• Apply structured trading and hedging to manage risk.
• Identify and develop opportunities in Japanese markets.
• Build market forecasts and strategic models.
• Lead and coordinate resources to deliver trading outcomes.
• Communicate effectively with stakeholders and teams.

Skills

Trading

Middle Distillates

Derivatives

Risk Management

ETRM Systems

Financial Modelling

Analytical Thinking

Communication Skills

Education

Business/Economics/Finance degree

Tools

ETRM System

Job description

This role sits within SK Energy International.

About SK Energy International (SKEI)

SKEI markets and trades oil and petroleum products. The company was incorporated in 1990 and is based in Singapore. SK energy international operates as a subsidiary of SK trading international.

The trader (Asia Middle Distillates) will be a member in Distillates Business Division, one of the trading books in Singapore, reporting to the department head and supporting SK Energy's commodities trading business. Responsibilities include:

[Managing Trading Position]

• To trade in assigned products (middle distillates) and related derivatives
• Structured trading methodology to manage trading exposure and use of hedging and risk management strategies to manage risk / exposure

[Forecasting Market] - Creation of Business Opportunity within Japanese markets

• Identify and develop new trading opportunities within Japanese markets
• Maintain relationships with suppliers and customers to ensure optimal outcomes
• Knowledge and experience in Japanese markets to support market expansion plans

[Forecasting Market] - Analysis and Logical Hypothesis

• Ability to have macro and micro view to draw insights and expand trading activities by researching on cause and effect to get better accuracy, and to develop strategic model based on deep knowledge and global network of the market

Communication & Co-ordination Skills:

• Ability to articulate and discuss ideas and persuade others to achieve common outcomes
• Anticipate customer needs and expectations and elicit feedback from customers to improve service. Build relationships with customers to create and sustain customer loyalty

Strategic Thinking Skills:

• Ability to identify less perceivable problems and use problem solving tools and techniques to solve the problems

Task Leading:

Aligning with the mission of the organization, the content and deadline of the work can be defined by the individual with foresight (expected effect and various issues for the task in advance)

People Leading:

Deepen insight into the planning, allocation and deployment of resources to anticipate needs. Plan the allocation and deployment of resources efficiently and effectively. Understand the strengths-weak points of members, including employee oneself, and create synergy to create organizational performance

Self-Leading:

Lead by example at team level. Encourage and guide others to adopt a point of view, make changes or act. Provide a team environment that facilitates relationship building, teamwork and the development of others

Candidate Profile

A self-motivated individual who values integrity, have willing brain engagement in going the extra mile to provide excellence, creating happiness and value to stakeholders. A strong candidate should possess the following:

• Degree in Business, Economics, Finance or other relevant qualifications with strong mathematical inclination
• Minimum 8 years within oil trading industry
• 5 years of light/middle distillates trading experiences with Japanese companies and/or Japan counterparties (due to market expansion)
• Minimum 1 year of both refinery and operations experience
• ETRM System Skills
• Refinery export process experience will be appreciated
• Strongly analytical and financial modelling skills to assimilate complex and ambiguous data to identify key issues and aid in decision making
• Highly motivated and organized individual who exhibits strong integrity, work ethics and ability to perform under pressure
• Effective team player with excellent oral and written communication skills and strong stakeholder management skills

Salary will be commensurate with qualifications & experience. Only shortlisted candidates will be notified, typically within 2 weeks from the closing date of the posting.