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