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Open nowPosted yesterday

Oil Trader

MyCareersFuture91,045 open roles

Pay
SGD 10,000 – SGD 20,000 a Monthly
Where
Central, Singapore
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Your applicationOpen nowOil TraderMyCareersFuture · Central, Singapore

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The clock on this job

Early applications get read.

7.8% of postings close within 7 days. Measured by our own scanner across the market. MyCareersFuture postings stay open a median of 1 days.

Share of postings closed within
  1. 1.7%1 day
  2. 3.5%3 days
  3. 7.8%7 days
  4. 14.6%14 days
  5. 34.1%30 days
This job: posted yesterday

MyCareersFuture median: 1 days open

The posting

Oil Trader

Company: Sinochem International Oil (Singapore) Pte. Ltd. Location: Singapore Employment Type: Full-time permanent position Working Arrangement: Full-time, on-site

Key Responsibilities: • Day to day activities of oil products, biofuels and carbon emission trading, blending, storage and related works. • Trade on derivatives and futures to hedge physical position. • Establish and maintain solid customer relationships with new and existing counterparties, including regular visits and daily communications. • Business development and driving sales growth with potential customers in Southeast Asia, Africa, Europe, and the Americas. • Negotiate and conclude market transaction on a spot/term basis. • Track and monitor world petroleum market movements and actively communicate internally to ensure adequate understanding of product fundamentals. • Participate in the formulation and negotiation of procurement and sales contracts, calculate procurement costs, and ensure the reasonable implementation of trade. • Routine departmental and interdepartmental reporting as required. • To assist the management in mentoring the junior traders, trading assistants and analysts with good skillsets of methodologies as well as corporate culture and mentality. • To carry out other duties assigned by Managing Director, Deputy Managing Director and General Manager as and when necessary.

Requirements: • Master degree in InternationalTrade or related fields. • At least 5 years of relevantexperience in oil trading industry. In addition to that, (3 years or more)experience in the physical oil trading in Europe and/or the Americas will be abig plus. • Good knowledge of Chinese domesticproduction and trading for oil products and biofuels, capable to monitor thearbitrage econs of import and export from time to time. • Proficient in MS Office (Excel,Word, Power Point). • High fluency in both English forday-to-day business communication, contractual negotiation, market analysis andthe drafting of internal report and strategy. • Ability to speak and write inChinese is required to communicate with Chinese speaking associates andclients, and capable to prepare formal and written weekly/monthly analysis andsummary reports . • Strong negotiation and analyticalskills with a strategic mind. • Good people skills, goodcommunication and presentation skills. • An effective team player who isself-innovative, entrepreneurial, and open-minded, ready to learn and explorewhichever direction as per the team needs.

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