LPG Trader

WANHUA CHEMICAL (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading chemical trading firm in Singapore is seeking a candidate for a trading position. The ideal candidate will have 1-3 years of oil-related trading experience and a bachelor's degree in a relevant field. Key responsibilities include ensuring healthy storage levels, optimizing feedstock costs, and building relationships with industry stakeholders. A strong understanding of the petrochemical or LPG industry is essential. This role offers an opportunity to contribute to market analysis and trading activities.

Qualifications

• Minimum 1-3 years of oil-related trading experience.
• Experience in physical trading business.
• Good understanding of the petrochemical or LPG industry.

Responsibilities

• Ensure storage levels are healthy.
• Optimize costs of feedstock.
• Maintain trading activities.
• Build relationships with key stakeholders.
• Guide the analyst team on market analysis.

Skills

Good understanding of petrochemical or LPG industry

Ability to optimise cargo flows

Relationship with LPG industry players

Forward market view

Education

Bachelor's degree in relevant field

Job description

【Key Responsibilities】

• ENSURE STORAGE LEVEL IS HEALTHY
• COST OF FEEDSTOCK LOWER BY MEANS OF OPTIMISING
• UTILISATION OF STORAGE
• PROFITABILITY OF BOOK
• ENSURE THE TRADING ACTIVITIES MAINTAIN
• EXPANSION OF MARKET REGION
• BUILDING GOOD RELATIONSHIP WITH KEY STAKEHOLDERS TO ENSURE GOOD IMAGE OF WANHUA
• CONSTANT COMMUNICATION WITH THE RISK DEPARTMENT IN ORDER FOR COMPANY TO DE-RISKED
• EMPLOY DERIAVATIVES CAREFULLY IN ORDER FOR COMPANY TO NOT INCUR FINANCIAL COST OR LOSSES
• KEEP TABS OF MONTHLY TRADES AND TO ENSURE RELAVANT DEPARTMENT ARE ABLE TO WORK SMOOTHLY ON THE DEALS
• TO BE CONSTANTLY UPDATED ON LATEST MARKET INFORMATION
• BE ABLE TO GUILD THE ANALYST TEAM TO WORK ON THE RIGHT QUESTIONS ON MARKET ANALYSIS

【Key Requirements】

• BACHELOR IN DEGREE OF RELAVANT FIELD
• MIN 1-3 YEARS OF OIL RELATED TRADING EXPERIENCE
• GOOD UNDERSTANDING OF PETROCHEMICAL OR LPG INDUSTRY
• HAVE EXPERIENCE IN PHYSICAL TRADING BUSINESS
• ABLE TO OPTIMISE CARGO FLOWS WITHIN SYSTEM
• FORWARD MARKET VIEW
• RELATIONSHIP WITH THE LPG INDUSTRY PLAYERS