Distillates Trading Analyst

bp; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading energy company in Singapore is seeking a Distillates Trading Analyst to join their GDIST team. The role focuses on supporting middle distillate trading and managing daily exposures. Ideal candidates will have knowledge of the energy trading industry, strong analytical skills, and be able to work under pressure. This position offers competitive pay, discretionary bonuses, and various benefits designed for financial security and peace of mind.

Benefits

Competitive pay

Discretionary bonuses

Retirement and savings plans

Insurance benefits

Equity options

Qualifications

• Self-motivated and driven.
• Experience in a trading environment.
• Ability to work independently and under pressure.

Responsibilities

• Timely and accurate deal entry.
• Producing daily exposure reports.
• Collaborating with operators for information accuracy.
• Optimizing exposure and cargoes to drive P&L.

Skills

Knowledge of energy trading industry

Strong analytical skills

Problem-solving skills

Attention to detail

Interpersonal skills

Job description

Full time

Distillates Trading Analyst

Singapore, Singapore – 1 day ago

Job Description

The GDIST (Global Distillates) team in Singapore covers middle distillate and fuel oil trading in Asia, Australasia, East and South Africa and the Middle East, as well as participating fully in global arbitrage opportunities with the other GDIST locations. GDIST is now looking for an Exposure Analyst of high potential to join the Singapore book on a permanent basis. The GDIST book generates its income through value trading, blending and supply optimisation. Timely, accurate and detailed ownership of the exposure system is run by the Exposure Analyst Team and trading decisions are based upon the exposure reports produced by the incumbents. This role will initially focus on middle distillate trade support leading on to owning daily exposure management tasks.

Key Accountabilities

• Working in the Singapore GDIST trading team, the successful candidate as part of the exposure team will work closely with the traders, operators as well as Mid Office personnel in both Singapore and Australia in this fast‑paced role. In addition to being aligned with bp’s trading guidelines, ethics and control, the incumbent will be involved in a range of activities and specific responsibilities include:
• Timely and accurate deal entry.
• Producing timely and accurate Daily Exposure for the GDIST Bench.
• Collaborating closely with Operators to ensure all information is up to date.
• Working with Middle and Back Office teams to verify accuracy.
• Daily book balancing and internal chain control and administration.
• Optimization of Exposure/ cargoes to drive P&L.
• Ensuring correct costs and mark‑to‑market attributed to new physical deals and operational amendments that drives T0 P&L analysis.
• Ad hoc provision of analytical support for traders on book/ deal performance.
• Improving/Streamlining the daily expo process.
• Ensuring reports and processes are fit‑for‑purpose to support the bench's performance plan.

Experience and Job Requirements

• Knowledge of energy trading industry and physical movements.
• Control and compliance familiarity in a trading environment.
• Self‑motivated and driven.
• Good attention to detail and ability to work independently.
• Commercially astute, strong analytical, problem‑solving and numeracy skills.
• Resilient, ability to work in very fast‑paced environment and deliver under pressure, handling various tasks and being able to prioritise among them.
• Good interpersonal skills and a teammate.
• Inquisitive and able to take an independent approach, challenging where appropriate.
• Strong analytical and problem‑solving skills.

Desirable Criteria

• Understanding of trading concepts, P&L drivers and exposure.
• Understanding of the GDIST flows including North Asia, the Straits, Australia and New Zealand, West Coast India, Arabian Gulf and East and Southern Africa.

Legal Disclaimer

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

Pay

bp offers competitive pay in line with industry standards, making us an employer of choice.

Discretionary bonus

We offer discretionary bonuses to reward strong company, business unit and individual performance, and recognition awards, including those related to long service to recognise commitment to the company.

Retirement & savings

We offer a range of discretionary retirement and savings plans to help provide you and your family with financial security.

Insurance benefits

To give you additional peace of mind, bp provides valuable insurance benefits in some countries. These are designed to provide financial assistance to employees and their families if employees become unwell or die in service.

Equity

Depending on your location and job level, there may be equity (stock and share) options you are eligible to join so you can be part of bp’s success.