Commodity Broker

McQuilling Energy Brokerage Asia Pte Ltd; Singapore; On-site; SGD 39,060 - 78,120; Full time

Benefits offered by this job

Attractive Bonus Scheme

Training provided

Job summary

McQuilling Energy Brokerage Asia Pte. Ltd. is hiring a full-time Commodity Broker in Singapore. The role involves broking OTC swaps and maintaining client relationships. Candidates should have knowledge of the oil industry, with 1-2 years of experience preferred. The position offers a salary range of SGD 3,500 to SGD 7,000 per month, along with an attractive bonus scheme. Strong analytical, communication, and negotiation skills are essential, and fluency in English is required.

Qualifications

• 1 to 2 years of experience in broking energy and/or petrochemical products preferred.
• Strong problem-solving abilities and ability to work under pressure.
• Fluent in English; multi-lingual is an advantage.

Responsibilities

• Develop new customers and maintain current relationships.
• Provide timely broking services and execute trade orders.
• Conduct market research and provide market information.

Skills

Knowledge of the oil industry

Commodity broking and trading skills

Analytical abilities

Communication and negotiation skills

Relationship-building skills

Multi-lingual capabilities

Education

Recognised Bachelor's degree

Job description

McQuilling Energy Brokerage Asia Pte. Ltd. is a dynamic energy commodity brokerage company in Asia, located in Singapore. We specialize in fuel oil, gasoil, mogas, crude oil and petrochemical products, and have a capability to transact diesel/kerosene swaps and physical ex-wharf bunker fuel. Our team comprised accredited brokers, and we have a diversified customer base that includes oil majors, reputable banks, international hedge funds, and large MNC commodity trading companies. Our goal is to source the best possible prices for our clients in facilitating swap and physical transactions, leveraging our extensive knowledge of the energy industry.

Role: Commodity Broker

This is a full-time, on-site role based in Singapore. The Commodity Broker is responsible for day-to-day broking activities of OTC Swaps and Blocked Trades. The Commodity Broker will work closely with clients to understand their trading requirements and provide reliable market and forward prices information to ensure that we deliver accurate and valuable for their trading needs.

Salary Range: SGD 3,500 to SGD 7,000 per month (depend on experience)

Attractive Bonus Scheme

Training provided

Job Description

• Work as a team to develop new customers and maintain relationships with existing customers on OTC swaps/derivatives products (multinational trading companies, banks, oil majors’ proprietary traders, and hedge funds).
• Provide timely broking services, accepting and executing trade orders on behalf of the client.
• Interact with traders and manage price negotiations with sellers and buyers.
• Communicate and increase awareness to improve the Company’s profile and branding in the marketplace.
• Conduct market research, track market movements, update & provide financial information, analyse and summarise the behaviour of trade of the oil and gas in the market/industry.
• Entertain, and build relationship with customers/traders to strengthen business ties.
• Develop and maintain customer database including to update names & contacts of traders.
• Execute & clear with ICE/CME trades done and ensure all trades are accurate & timely.
• Ensure onboarding of new clients following the company’s internal process and documentation to ensure proper KYC and compliance procedures are maintained.

Requirements

• Knowledge of the oil industry, commodity broking and trading skills.
• 1 to 2 years of experience in broking energy and/or petrochemical products preferred. Money broking experience is an advantage.
• Strong analytical and problem-solving abilities.
• Excellent communication and negotiation skills, capable of engaging effectively with traders/business development.
• Ability to work well under pressure in a fast-paced environment.
• Strong relationship-building and interpersonal skills. Having a network of trader contacts is considered an asset.
• High energy, self-motivated, and results-driven, with a strong passion for sales and business development.
• Recognised Bachelor’s degree.
• Fluent in English. Added advantage if multi-lingua (European or Asian) to deal/liaise with European or Asian overseas clients.

Industry

• Financial Services

Employment Type

Full