Petrochemicals Trader

Singapore, Singapore

Job Description


Entity: Trading & ShippingJob Family Group: Supply & Trading Group:Trading & Shipping (T&S) has one of the world\xe2\x80\x99s most developed commodity trading business with its distinctive expertise in trading, optimizing flows, handling price risk and developing customer solutions.Organized into Global Commodity books, T&S Global Oil has supply-trading teams in three regional hubs - Chicago, London and Singapore.T&S focus is to support BP Group assets and to participate in major trade flows or hubs where supply-trading opportunities could be material. A major proportion of T&S AsPac business comprises third party and entrepreneurial activities / trades.T&S Singapore office covers the Asia Pacific region ranging from Southeast Asia to Middle East, China and Pacific (AsPac). To support the business, T&S has set a few additional regional offices based in China, Japan, Indonesia, India and the UAE.For our Singapore office, we are looking to hire an experienced petrochemicals trader.You will sit within BP Singapore Light Ends Oil Products bench (Glights), AsPac & will be focusing predominantly on growing our presence across Aspac region, handling key external counterparties, handling trading book, connecting with our European & US books as part of Global Lightends team.Light ends oil products trading team, part of T&S Global Oil, is very multifaceted and fast-paced team, active across all spectrum of light ends oil products, gasoline, naphtha and petrochemical (incl Bio).The GLights team is accountable for:Collaborating with our downstream businesses, monetizing production from BP refineries;Entrepreneurial physical trading of lightends products globally;Entrepreneurially trading the paper markets associated with lightends commoditiesYou will be driving commercial strategy for the trading desk in the Aspac region , provide business development support, originate new relationship & deals, execute trades, participate in various tenders and work closely with the other regional & global trading teams.You will report to the Lights Regional Trading Lead Asia Pacific and will proactively work with bp traders in other regions to help them leverage and maximize value for the global book.Key accountabilities:leading all the key petrochemical relationships (existing & new), partnerships & trading flowslooking for trade optimization opportunities.executing physical & paper trading & be accountable for the book PnL delivery plan;setting up strategic objectives for the longer-term business growth in the regionAnalysing the markets to identify the needs of the customers and suppliers & propose strategic partnership opportunities;Key qualifications and requirements:Degree in a business, commercial or engineering disciplineAt least 5 years of trading experience with relevant markets & validated successful track record in delivering PNL, leading commercial strategies.Strong knowledge of oil & petrochemical markets (feedstocks, aromatics, olefins) and market fundamentals.Ability to interrogate, understand and feedback on analyticsAbility to identify & calculate arbitrage economics.Established commercial network within Aspac region in petrochemicals marketsStrong entrepreneurial bias \xe2\x80\x93 ability and enthusiasm to identify and develop new business and deals independently (with support of wider team capability as required).Understanding of paper derivative instruments for managing physical exposure.Knowledge of petrochemicals sales, operations, logistics & contracts;Understanding broader risks of trading & its impacts on the companyWhy join us?At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees\xe2\x80\x99 lives that are meaningful, so we offer benefits to enable your work to fit with your life! These benefits can include flexible working options, paid parental leave policy among others!We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.Travel Requirement Up to 50% travel should be expected with this roleRelocation Assistance: This role is not eligible for relocationRemote Type: This position is a hybrid of office/remote workingSkills: Agility core practices, Agility core practices, Agility tools, Analytical Thinking, Authenticity, Collaboration, Conflict Management, Creativity and Innovation, Decision Making, Digital Automation, Digital Collaboration, Digital Communication, Digital fluency, Digital Visualization, Diversity, equity and inclusion, Exposure Management, Group Problem Solving, Influencing, Listening, Market Knowledge, Negotiating value, Negotiation planning and preparation, Presenting, Statistics, Strategic Thinking {+ 5 more}Legal Disclaimer:We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp\xe2\x80\x99s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please to request accommodations.If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

BP

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Job Detail

  • Job Id
    JD1417108
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned