Oil Derivatives Trader

FUELING MARITIME (ASIA) PTE. LTD.; Singapore; On-site; SGD 180,000 - 300,000; Full time

Job summary

FUELING MARITIME (ASIA) PTE. LTD. is seeking an Oil Derivatives Trader based in Singapore to join an experienced global trading desk.

You will trade oil products, biofuels, carbon, power and gas, working with the local Sales team and a broad client base. Responsibilities include pricing/hedging, developing trading strategies, daily desk tasks, sharing market intelligence, and risk management across global books during Asian hours.

Qualifications

• 3-5 years’ experience trading commodity derivatives with P&L responsibility.
• Sound understanding of oil and oil products.
• Disciplined approach to managing risk.
• Ability to work independently.

Responsibilities

• Implement effective pricing and hedging strategies to optimize client transactions and drive franchise growth.
• Develop and execute profitable trading strategies, carefully managing position size and risk across both proprietary and client deal flows.
• Carry out daily desk tasks, including marking forward curves, providing market updates and engaging with sales colleagues.
• Share market intelligence and tactical approaches, contributing to the collective knowledge and strategic direction of the trading team.
• Assist in risk management of global trading books that include oil & gas and biofuels during Asian hours.

Skills

Commodity trading

P&L responsibility

Risk management

Independent work

Team player

Market updates

Tools

Trading systems

Job description

As an Oil Derivatives Trader you will join an experienced and established global trading desk, within an international company, with access to physical assets andan extensive client base. Based in Singapore along with the local Sales team, you will become part of a truly global workplace that services its clients and physical asset base by trading oil products, biofuels, carbon, power and natural gas.

Your responsibilities in this role will include:

• Implement effective pricing and hedging strategies to optimize client transactions and drive franchise growth.


• Develop and execute profitable trading strategies, carefully managing position size and risk across both proprietary and client deal flows.


• Carry out daily desk tasks, including marking forward curves, providing market updates and engaging with sales colleagues.


• Share market intelligence and tactical approaches, contributing to the collective knowledge and strategic direction of the trading team.


• Assist in risk management of global trading books that include oil & gas and biofuels during Asian hours.

An experienced trader and a team player

As a person, you areexpected to bestructured and proactive in your daily work. Youare expected topossess a proven understanding of risk and enjoy being part of a diverse sales and trading team. Furthermore, we expect you to have:

• 3-5 years’ experience trading commodity derivatives, with a P&L responsibility, at a Bank/Financial institution or physical trading house.


• Sound understanding of oil and oil products is essential, with knowledge of biofuels and transition fuels an advantage.


• A disciplined approach to managing risk.


• Excellent understanding of trading systems, exchange rules and OTC markets.


• Thorough understanding of financial derivatives’ risks, regulations, and product specific trading rules.


• Ability to work independently.