LPG Trading Manager

e1 corporation singapore branch; Singapore; On-site; SGD 300,000 - 420,000; Full time

Job summary

e1 corporation singapore branch is seeking a senior LPG trading professional to manage Singapore activities and support regional market expansion. You will oversee global physical and paper trading, risk controls, and coordinating with Korean HQ, North American and Middle Eastern suppliers, ensuring optimal margins and timely imports to meet domestic and petrochemical demand.

Ideal candidates have 10+ years in energy/commodities, deep LPG derivatives knowledge, and strong English with

Qualifications

• Bachelor’s degree or higher from an accredited university.
• Minimum 10 years of experience in the energy/commodities sector, including hands-on LPG physical and paper trading/hedging.
• Proven track record in negotiating and executing LPG supply deals with counterparties such as AG and USGC producers, NOCs, and global trading houses.
• Strong expertise in LPG derivatives (FEI, CP, MB swaps/spreads) and MTM valuation.
• Business-level proficiency in English (spoken and written) for global negotiations.

Responsibilities

• Singapore Market & Network: Originate and execute LPG deals with Singapore-based producers, traders, and brokers during Asian hours. Expand the branch’s Asia-Pacific counterparty network.
• Third-Country Trading & Arbitrage: Execute CFR/FOB third-country deals across Asia-Pacific, capturing East-West arbitrage and spreads.
• Global Procurement & Import Planning: Negotiate term and spot LPG contracts with North American and Middle Eastern suppliers; manage import scheduling and inventory for Korean terminals.
• Paper Trading & Hedging: Execute derivatives linked to MB, FEI, and Argus FEI to hedge exposure and lock in margins.
• Risk & P&L Management: Monitor daily positions via ETRM; track VaR and MTM across physical and paper books.
• HQ Coordination & Reporting: Align with Korean HQ on deal structuring, pricing, approvals, and terminal inventory; report market insights to HQ.

Skills

LPG trading

Derivatives (LPG)

MTM valuation

Financial modelling

English proficiency

Negotiation

Korean language advantage

Education

Bachelor’s degree or higher

Tools

ETRM systems

Platts

Argus

Reuters

Bloomberg

Job description

Roles & Responsibilities

Roles:

• Manage LPG trading activities in Singapore, supporting regional market expansion.
• Manage global LPG physical trading (term/spot procurement, Korean imports, third-country trading) and paper hedging within approved risk limits.
• Maximize portfolio profitability through global arbitrage, book optimization, and price risk management.

Responsibilities

• Singapore Market & Network: Originate and execute LPG deals with Singapore-based producers, traders, and brokers during Asian hours. Engage with price-reporting agencies(PRAs) and expand the branch’s Asia-Pacific counterparty network.

• Third-Country Trading & Arbitrage: Execute CFR/FOB third-country deals across Asia-Pacific(China, SE Asia, India), capturing East-West arbitrage, regional imbalances, and propane/butane spreads.
• Global Procurement & Import Planning: Negotiate term and spot LPG contracts with North American (USGC) and Middle Eastern (AG) suppliers. Manage import scheduling and inventory planning for Korean receiving terminals to meet domestic and petrochemical(PDH/cracker) demand.
• Paper Trading & Hedging: Execute derivative strategies (swaps, futures, options) linked to Saudi CP, Mont Belvieu (MB), and Argus FEI to hedge physical exposure, lock in margins, and capture spread opportunities.
• Risk & P&L Management: Manage daily positions within approved trading/credit limits via ETRM; monitor compliance, VaR and real-time MTM/P&L across physical and paper books.
• HQ Coordination & Reporting: Align daily with Korean HQ teams (Sales, Risk Management) on deal structuring, pricing, approvals, and terminal inventory, while reporting market insights and trading performance to HQ management.

Required Qualifications

• Bachelor’s degree or higher from an accredited university.
• Minimum 10 years of experience in the energy/commodities sector, including hands-on LPG physical and paper trading/hedging.
• Proven track record in negotiating and executing LPG supply deals with counterparties such as Middle Eastern (AG) and North American (USGC) producers, NOCs, and global trading houses.
• Strong expertise in LPG derivatives (FEI, CP, MB swaps/spreads) and MTM valuation.
• Business-level proficiency in English (spoken and written) for global negotiations.

Preferred Skills

• Strong financial modelling skills for physical-to-paper arbitrage and forward curve analysis.
• Working knowledge of VLGC shipping operations, charterparty terms, and demurrage.
• Experience managing a regional trading desk or overseas branch, with established AG/USGC supplier networks.
• Proficiency in MS Office, ETRM systems, and market platforms (Platts, Argus, Reuters, Bloomberg).
• Business-level proficiency in spoken and written Korean would be an advantage for liaising with the Korean headquarters, as well as preparing and reviewing Korean-language deal approval documents, risk/P&L reports, and commercial assessments.