Oil Derivative Trader with a Commodity Trading MNC  …

The Cap Consulting Group Pte Ltd
in Singapore
Permanent, Full time
Last application, 20 Sep 20
market range
The Cap Consulting Group Pte Ltd
in Singapore
Permanent, Full time
Last application, 20 Sep 20
market range
Oil Derivative Trader with a Commodity Trading MNC

Oil Derivative Trader with a Commodity Trading MNC

  • Min 4 years of oil derivatives trading exp gained with a large oil company, commodity trading company, or large bank;
  • Has experience negotiating Oil derivatives (Fuel Oil, Crude, LPG, Gasoline, Naphtha, Distillates), both on OTC and exchange cleared markets

 

Our client is a commodity trading firm which has a global brand name. It is looking to recruit for an experienced trader for a Derivative oil trader.

 

Responsibilities:

  • Perform complex and impactful derivatives trades with a relevant responsibility level, for hedging purposes, following HQ’s guidelines and according to joint operational planning and approval from the company’s physical trading managers;
  • Perform market analysis (quantitative, qualitative and technical) of crude oil, gasoline, naphtha, distillates, jet, propane, butane, fuel oil, LNG and freight in Asia and Global markets and prepare market reports on daily, weekly and monthly basis for internal use;
  • Elaborate presentations and participate in daily internal conference calls during HQ´s office hours (European time);
  • Analyze the exposure to price risk of the physical and derivatives portfolio, propose and implement actions to adequate such exposure to approved limits and trading strategies;
  • Negotiate derivatives instruments of crude oil, gasoline, naphtha, distillates, jet, propane, butane, fuel oil, LNG and freight, mostly in Asian markets, but also in global market, both OTC (Over the Counter) and/or exchange cleared contracts;
  • Identify trading opportunities related to the company’s physical portfolio, present and obtain approval for them, negotiate and execute trades up to pre-defined limits and risks parameters involving diversified third parties;
  • Assist the company in derivatives related matters and price information, such as margin requirement controls, accounting support documentation, invoicing process, derivatives regulatory legislation, etc;
  • Provide training and support on the CTRM system; 
  • Support the company management on matters related to regulatory agencies and exchanges (CFTC, Dodd Frank, Emir, MAS, NYMEX, ICE, etc).
  • Provide internally recognized technical and analytical skills acting as technical reference for all levels within the company.
  • Actively contribute to the improvement of work practices, company’s policies and training programs to the department and related areas.

 

Requirements:

  • Proven extensive experience (minimum 4 years) in performing the derivatives trading activities as gained with a large oil company, commodity trading company, or large bank;
  • Proven extensive experience (minimum 4 years) in negotiating Oil derivatives (Fuel Oil, Crude, LPG, Gasoline, Naphtha, Distillates), both on OTC and exchange cleared markets, in large oil company or large bank;
  • Be available to perform derivatives trades to support other offices covering other markets when required by the Company;
  • Possess analytical skills and proven experience in both technical and fundamental analysis
  • University degree (desired if in engineering, chemistry, logistics, shipping, business, finance or economics);
  • Experience in CTRM systems, preferably on Commodities XL;
  • Advanced skills in MS Excel (desirable VB/macro skills);
  • Knowledge in Bloomberg or Reuters terminals, and electronic trading platforms;

 

To apply, pl send your cv in word doc to resume@cap-cg.com . Pl also include details on your current salary, expected salary and notice period in your cv.

 

We regret to inform that only shortlisted candidates will be notified.

 

Posted by:
CAP Consulting (EA license: 14C7175)
Caroline Poh (EA Registration: R1105649)

Date Posted - 11 Sept 2020

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