Crude Oil Team Leader

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Crude Oil Team Leader

Job Title: Crude Oil Team Leader
Location: Singapore
Reference: NJ9
Contact Name: Neil Jethwa
Contact Email:
Job Published: May 06, 2016 16:10

Job Description

Conduct day-to-day activities of crude oil trading: include: track and monitor world market movements; accountable for making instant decision on selling and buying for meeting profitability and optimization targets; Source, develop and manage domestic and international supplier relationships to ensure uninterrupted crude oil supply.
 Establish and sustain strong relationships with relevant industries parties and counterparties to develop business opportunities within the oil trading arena.
 Communicating trades of the day to the relevant parties agreeing prices. Negotiates contracts for purchase/sale of crude oil supply within limits of authority and optimizes crude purchases and trades around company assets.
 Negotiate and conclude market transactions on a spot/term basis according to guidelines given.
 Interact with relevant departments in the company involved in the trading/commercial activity. Work closely with colleagues throughout the internal departments and other subsidiaries within the Organisation.
 Evaluate structured transactions for risk management, mprovides market assessment for development of region's tactical trading strategy in accordance with risk management policies.
 Execute hedging strategies and develop analytical reports to assist in taking hedging decisions.
 Gathers and reports competitive intelligence on underlying supply and demand forces impacting assigned region. Establishes and sustains relationships with key suppliers/counterparties.
 Support trading strategies by using fundamental model analysis or trades with reputable counterparties that are back to back in nature.
 Coordinate logistical arrangements to ensure timely and cost effective delivery of crude shipments.

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