Our clients are seeking an experienced and highly skilled Senior Oil Trading Operator to join their Singapore team. In this role, you will be responsible for supporting the oil trading team in executing and managing oil trades, coordinating logistics, and ensuring the smooth execution of transactions from start to finish. You will manage the full lifecycle of oil trades, ensuring that all operational aspects are handled efficiently and in compliance with internal and external regulations.
The ideal candidate will have a proven track record in the oil trading industry, strong operational expertise, and the ability to handle complex trade transactions. This is an excellent opportunity for an individual looking to further their career in a fast-paced, dynamic environment.
Key Responsibilities:
Trade Execution & Coordination:
- Support the execution of oil trades, including the management of physical and financial aspects of trade execution.
- Liaise with traders to ensure timely and accurate execution of deals, ensuring that trade terms are clearly communicated and agreed upon.
- Collaborate with internal teams (trading, finance, compliance) to ensure smooth execution of transactions from execution to settlement.
Logistics & Supply Chain Management:
- Manage and oversee the logistics and transportation of oil products, including coordination of shipping, storage, and delivery.
- Work closely with shipping companies, terminals, and warehouse operators to ensure timely and cost-efficient movement of oil.
- Monitor and ensure compliance with all operational terms and conditions set forth in the trade agreements.
Risk Management & Compliance:
- Identify, assess, and mitigate operational risks associated with the execution and delivery of oil trades.
- Ensure compliance with relevant regulatory and contractual obligations, including international trade laws, sanctions, and environmental regulations.
- Work with the risk and compliance teams to ensure that all trades are in line with internal policies, and regulatory frameworks.
Documentation & Reporting:
- Ensure the accuracy and timely completion of all trade documentation, including contracts, bills of lading, letters of credit, and invoices.
- Maintain and organize accurate records for all trades and operational processes for audit purposes.
- Provide regular reports on trading operations, including performance metrics, trade status, and operational issues, to senior management.
Market Analysis & Performance Monitoring:
- Assist traders by providing market insights and operational data to support trading decisions.
- Monitor the oil markets, supply chain disruptions, and geopolitical developments that could affect oil trade operations.
- Work closely with the trading team to evaluate opportunities, and identify potential risks and areas for improvement in trade execution.
Team Leadership & Collaboration:
- Provide leadership and guidance to junior operators, helping them develop their skills and knowledge of the trading and logistics processes.
- Promote a collaborative working environment, working closely with other departments such as finance, logistics, and legal to resolve issues and streamline operations.
- Ensure effective communication between internal and external stakeholders, including traders, clients, brokers, suppliers, and regulators.