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Phillips 66 Crude Oil Trader in Singapore, Singapore

Crude Oil Trader


Position details:

Reporting to Manager, Crude Oil Trading, the Crude Oil Trader will work with the Singapore Crude Oil Trading team to identify and capture crude oil trading opportunities to generate profit, both regionally and globally as part of the Global Crude Trading team.

Primary Function/Responsibilities:

  • Contribute to the Singapore Crude Oil Team in realizing annual profit objectives.

  • Pro-actively identify, develop and implement trading strategies to capture value from crude oil markets.

  • Cultivate & enhance targeted counter-party relationships in order to expand Phillips 66 market presence and increase trading potential

  • Negotiate with counter-party traders to successfully conclude crude oil transactions

  • Work with traders from Phillips 66 trading offices across the globe to develop and maintain an understanding of Phillips 66 global crude oil trading activities to capture value as part of the global team

  • Accurately enter crude oil deals into our deal capture system

  • Work with mid and back-office support teams to ensure accurate reporting of positions.

Education, Skills & Experience:

  • Bachelor’s Degree or higher

  • 5+ years of energy industry experience, including at least 3+ years of crude oil trading experience

  • Experience trading crude oil in the Asia Pacific region, both physical and financial trading (including PG and regional grades)

  • Entrepreneurial skills. Comfortable trading in a “blank sheet of paper” environment

  • Knowledge of global crude oil trade flows and understanding of arbitrage economics

  • Understanding of pricing and volume exposures and tools/strategies for managing risks

  • Strong negotiating skills

  • Knowledge of crude oil cargo operations and marine markets

  • Knowledge of regional crude oil logistics and terminals

  • Advanced computer spreadsheet skills

  • Results oriented with ability to think and act decisively and independently under changing circumstances.

  • Excellent teamwork, interpersonal and communicative (speaking and writing) skills and often with persons of another business culture.

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

Job Ref: 139705