Trainee Broker

OIL BROKERAGE INTERNATIONAL PTE. LIMITED; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading oil brokerage firm in Singapore seeks candidates for a role involving trade operations and client servicing. Responsibilities include managing trades, conducting deal checks, and providing client support within a dynamic trading environment. Ideal candidates will have a relevant undergraduate degree and strong social skills. This position offers an opportunity to develop expertise in the oil market and work closely with clients.

Qualifications

• Self-motivated and driven to work in a high energy, volatile environment.
• Diligent and reliable under stress.
• Ability to start immediately.

Responsibilities

• Support the Light-ends and Crude teams.
• Register trades with clients and manage trades’ operations.
• Conduct daily deal checks and create reports.
• Provide trade support to clients.
• Organize client meetings and support events.

Skills

Client servicing

Attention to detail

Social skills

Education

Undergraduate in Finance / accounting / Economics / Business / International Trade

Job description

Job Description & Requirements

• Work closely with and provide support to the Light-ends, and Crude teams.
• Be in-charge of trades’ operations which includes:

1. Registration of trades done with clients via deal tickets writing and deals entry into clearing platform
2. Sending contracts via internal automated system
3. Conduct daily deal checks, check auto generated reports, and create new reports.
4. Address internal and external queries.
5. Client servicing: providing trade support to all clients whenever needed.

• Attain strong understanding of all the desks’ clients in terms of their profile.
• Start with providing effective client coverage on all broker’s clients if/when brokers are off the desk and gradually broking on a more regular basis.
• Master how to mark curves and know where market is daily.
• Mark daily reports out to client’s basis the market curve
• Actively contribute to desks’ Public Relations affairs
• Organise client meetings and provide support during events planned by the company.

Applicant pre-requisites:

• Undergraduate in Finance / accounting / Economics / Business / International Trade
• Self-motivated and driven to work in an extremely high energy and volatile environment.
• Need to be Diligent, reliable with attention-to-detail even under stress situations (think trading markets)
• Looking for candidates with strong social skills and a sharp mind
• Ability to start immediately.

Learning Elements:

• To develop an understanding of the Oil Market and relevant products in particular
• To pick up on the nuances of the world of broking

Company description:

Oil Brokerage started its first office in London in 1989, and in order to meet the global needs of the market, we have three other offices at Houston, Texas, Singapore, and Dubai. The strategic location of our offices allows us to build a brokerage which can service products across the barrel and across all geographies from the start of the Singapore trading day through the close of business in Huston.

The primary goal of our company has always been to provide a high quality trusted broking service to the oil trading community with a personal touch. Our specialised team of brokers transacts on behalf of majors, traders, bankers and institutional funds.