Job Description

The Role

Where you fit in The Global Freight Trading Analyst position offers the opportunity to join Shell Global Products Freight Trading Team with its challenging, dynamic and fast paced Physical & Paper Freight Trading business environment. The role also offers the ability to develop cutting edge, innovative analysis models to gain the most accurate forward view of the products freight market. The role is expected to work closely with Products Freight Traders, Crude Freight team, Freight Forward Agreement (FFA) Traders, Global LR/MR/Chemicals/VLGC Book Leads, oil trading desk, oil analysts, STMA team and other parts of Shell to develop first class freight trading analysis. This role together with STASCO based Global Freight Analyst shall form a small analytical team accountable and responsible for global freight trading intel works and at the same time, co-own the FFA analytical book. The role also provides the candidate with further development opportunity into FFA derivatives trading. What\xe2\x80\x99s the role? Accountabilities: Freight Trading Physical Analysis

• Leverage on Shell T&S Strength to consolidate STMA, Oil Trading, Chemicals Trading data and produce fundamental analysis of physical freight trading per vessel segment.
• Leverage on external Freight analytical tools for ship counting / tracking for LR2/LR1/VLGC segment.
• Worldwide fleet balancing tracking & Trend analysis.
• Join weekly LR/MR/Chemicals/VLGC book calls to provide analytical update.
• Work as a team with STASCO based Freight analyst for global Freight analytical initiatives with primary focus on East of Suez markets.

FFA Derivatives Analysis & Execution

• Develop TC5, TC17 predicting model.
• Incorporating Refining Margins, Cracks forward curve, Fixing Pace, Main Oil Arbitrage projection and other fundamental factors into FFA recommendations.
• Co-Run and contribute to the weekly Cross-Book FFA calls.
• When requested, cover TC5, TC17 FFA trading activities under Senior FFA traders supervision
• Develop methodology on Implied shorts exposure calculation.
• Manage LR/MR implied shorts exposure together with the trading team.
• Interact with Oil desks to generate/aggregate T&S FFA internal interest.
• Work as a team with STASCO based freight analyst for SPEC FFA trading analysis.
• Enrolled in traders readiness program and upon graduation, be able to trade/execute FFAs independently.

Risk Reporting

• Work closely with Global Market Risk Team.
• Develop freight specific var methodology by working with Book Leads and Risk Team.
• Support freight book with no forward FFA curve to develop ways of quantifying forward value into economic P&L.

Bunker Hedge

• Interface with Crude EED team and FO trading team on their latest market view.
• Work closely with STASCO based freight analyst and all global book leads on overall Bunker Hedge Strategy/execution.
• Work as a team to further improve/develop technical analysis.

Physical Freight Chartering/Operations (optional):

• Act as cover for CPP/Chemicals charter-in activities when required (this can only be performed under senior traders supervision).
• A 2 to 4 month Operations coverage will form part of the traders readiness program (unless candidate already has operations experience).

What we need from you

• Possess at least 5 to 10 years in Commodity / Freight Trading analysis
• Candidates with freight trading / broking freight analysis experience will be preferred.
• Background in Tanker/Chartering and Oil & Gas is advantageous.
• It is essential that you can show you are a self-starter and can work well as part of a team.
• An awareness / understanding of paper instruments utilized for hedging and speculative trading would be valuable.

Company Description Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation. An innovative place to work There\xe2\x80\x99s never been a more exciting time to work at Shell. Join us and you\xe2\x80\x99ll be adding your talent and imagination to a business with the ambition to shape the future \xe2\x80\x93 whether by investing in oil, gas, and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part. An inclusive place to work To power progress, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment \xe2\x80\x93 one where you can express your ideas, extend your skills, and reach your potential.

• We\xe2\x80\x99re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we\xe2\x80\x99ll take it from there.
• We\xe2\x80\x99re closing the gender gap \xe2\x80\x93 whether that\xe2\x80\x99s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We\xe2\x80\x99re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
• We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice. We\xe2\x80\x99re huge advocates for career development. We\xe2\x80\x99ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

Disclaimer

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.