Oil Trader Assistant

Location:
Singapore

Type:
Full-time, on-site

Key responsibilities

Trading and operations

Handle day-to-day activities for oil products, biofuels, and carbon emissions trading, including blending, storage, and related operations

Trade derivatives and futures to hedge physical positions

Negotiate and conclude spot and term transactions

Take part in drafting and negotiating procurement and sales contracts, calculate procurement costs, and ensure trades are executed properly

Market and business development

Track global petroleum market movements and share insights internally to build understanding of product fundamentals

Monitor import/export arbitrage economics, particularly for China

Build and maintain relationships with new and existing counterparties through regular visits and daily communication

Drive sales growth with prospective customers in Southeast Asia, Africa, Europe, and the Americas

Reporting and team

Prepare routine departmental and cross-departmental reports

Help management mentor junior traders, trading assistants, and analysts on methodology and company culture

Carry out other duties assigned by the Managing Director, Deputy Managing Director, and General Manager

Requirements

Bachelor's degree in International Trade or a related field

At least 2 years of oil trading experience;

Good knowledge of Chinese domestic production and trading of oil products and biofuels

Proficient in MS Office (Excel, Word, PowerPoint)

Fluent in English for business communication, contract negotiation, market analysis, and internal reports

Able to speak and write Chinese to work with Chinese-speaking colleagues and clients, and to prepare weekly and monthly analysis reports

Strong negotiation and analytical skills with a strategic mindset

Good communication, presentation, and interpersonal skills

Team player who is entrepreneurial, open-minded, and eager to learn