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Open nowPosted yesterday

Oil Trader Assistant

MyCareersFuture96,520 open roles

Pay
SGD 3,000 – SGD 5,000 a month
Where
Central, Singapore
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Your applicationOpen nowOil Trader AssistantMyCareersFuture · Central, Singapore
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The clock on this job

Early applications get read.

8.1% of postings close within 7 days. Measured by our own scanner across the market. MyCareersFuture postings stay open a median of 4 days.

Share of postings closed within
  1. 1.8%1 day
  2. 3.5%3 days
  3. 8.1%7 days
  4. 15.1%14 days
  5. 33.9%30 days
This job: posted yesterday

MyCareersFuture median: 4 days open

The posting

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
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